1309 N 19th St, Philadelphia, PA 19121

Property Description

Major Price Improvement for an INVESTOR'S DREAM TRIPLEX! This perfectly positioned property features three spacious units, each offering 2 large bedrooms, a fully renovated bathroom in all units, and central AC / heat for year-round comfort. Additional income opportunity awaits with coin-operated laundry machines in the basement. Unit 3 boasts a modernized bathroom, 2 large bedrooms, an extra study/office space, and a balcony with stunning city views. Unit 2 mirrors the charm with a brand-new bathroom, 2 large bedrooms, and bonus office/study space. Unit 1 includes a private, fenced backyard exclusive to the tenant for added appeal, 2 large bedrooms, and a newly renovated bathroom, as well as a renovated kitchen. With estimated market rents of $1,600 per unit ($4,800 total) or Section 8 rents of $1,830 per unit ($5,490 total), this property is a high-cash-flow opportunity waiting to elevate your portfolio. Don’t miss this rare TRIPLEX find in an investor - friendly market right across from Ridge Ave and Fairmount Ave shops and restaurants. Weather you're looking to add on to your real estate investment portfolio or to house hack living in one unit while renting out the others, this property is for you! Current rents and leases: Unit 1 is a fully furnished Airbnb/Vrbo rented at $2100/mo. Unit 2 is a long term lease rented until July 2026 for $1300/mo. Unit 3 is a long term lease rented until May 2026 at $1350/mo.