UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,130 sqft
Price per Sqft $59
MLS Listing ID PAPH2474920
Style Traditional
Abv Grd Liv Area 3,130
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,582
Tax Year 2025
Lot Size 2,276 Sqft
Acres 0.05
Lot Dimensions 20.00 x 116.00
Property Sub-Type Twin/Semi-Detached
Property Description
Discover a rare investment opportunity in the Glenwood section of North Philadelphia with this fully approved legal 5-unit building. Ideal for seasoned investors or visionary developers, this property offers a well-balanced mix of units: two spacious studios, two one-bedroom units, and one two-bedroom unit—each thoughtfully laid out to provide comfortable living spaces for future tenants.
The building requires a full renovation, making it a blank canvas with massive upside potential. With projected monthly rental income between $4,500–$5,000, or even higher through Section 8 participation, this is a high-yield opportunity waiting to be unlocked.
Perfectly situated near public transportation including the Broad Street Line and multiple bus routes, the location offers exceptional connectivity. Residents will enjoy walking access to Dollar General, corner stores, grocery options, and Temple University Hospital.
Whether you're looking to add a cash-flowing asset to your portfolio or reposition this property to maximize returns, this Glenwood multi-unit is priced to sell and brimming with potential. Previous rents were:
Studios: $850/ unit
1brs: $950/ unit
2br: $1300
Sold strictly “AS-IS, WHERE-IS” Schedule your tour today and explore the possibilities.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning RM1
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 372292200
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
