Philadelphia, PA 19140 1204 W Erie Avenue

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Presented By: Keller Williams Main Line
  • MLS# PAPH2453056
  • 04/17/2025
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  • Beds • 7

Home Details

Turnkey Triplex Investment Opportunity in Booming Temple Hospital Area! Investors, take note! This brand-new construction Triplex in the rapidly developing Temple Hospital corridor is the kind of opportunity you dont want to miss. With strong rental potential, modern finishes, and a prime location, this property checks all the boxes for savvy buyers. Heres the breakdown: Unit 1 (Bi-Level 3BD/3BA, 1,866 sq ft) A spacious, light-filled unit with private rear yard access from both levels, perfect for tenants who want room to spread out. Unit 2 (2BD/2BA, 933 sq ft) A bright and well-appointed second-floor flat ideal for students, professionals, or hospital staff. Unit 3 (2BD/2BA) Crowned by a private roof deck, this top-floor unit brings in premium rents and skyline views. With projected rental income around $5,000/month, youre looking at a solid return in a neighborhood thats only going up. Just steps from Temple University Hospital, Shriners Hospital, the Broad Street Line, and multiple bus routes, this location is buzzing with growth. Ongoing developments nearby including the Buery Buildings transformation into a proposed hotel plus major street improvements already underway, signal long-term value and upside. Whether youre a seasoned investor or looking to start your portfolio with a smart move, this low-maintenance triplex is a total standout. Get in now and ride the wave of North Phillys revitalization schedule your showing today!
Presented By: Keller Williams Main Line

Interior Features for 1204 W Erie Avenue

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
BasementFull, Fully Finished, Outside Entrance, Interior Access, Heated, Drain, Connecting Stairway
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Window FeaturesDouble Hung, Casement, Vinyl Clad, Screens

General for 1204 W Erie Avenue

Acceptable FinancingConventional, Exchange, Cash
AccessibilityNone
AppliancesENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Dishwasher, Washer/Dryer Stacked, Oven/Range - Electric
Architectural StyleTraditional
Association Recreation FeeN
CityPHILADELPHIA
Construction Completed Y/NYes
Construction MaterialsAluminum Siding, Brick Front
Cool FuelElectric
CoolingDuctless/Mini-Split
CountyPHILADELPHIA
DirectionsRefer to Google Maps
Electric100 Amp Service
Garage Y/NNo
HeatingForced Air
Home Warranty Y/NNo
Lot Size Square Feet1335.00
Lot Size UnitsSquare Feet
MLS Area19140 (19140)
ModificationTimestamp2025-04-17T12:02:52
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total3
Number of Units Leased1
NumberOfUnitsVacant2
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG242.59
Property ConditionExcellent
Property SubtypeTriplex
Property TypeMulti-Family
RoofFiberglass, Flat
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount443.0
Tax Assessed Value31700.0
Tax Lot139
Tax Year2024
Total SQFT3732
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2024
Year Built SourceEstimated
ZoningRM1

Exterior for 1204 W Erie Avenue

Foundation DetailsConcrete Perimeter, Slab
Land Assessed Value31700.00
Land Use CodeSR
Lot Dimensions16.00 x 83.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $679,000
MLS#PAPH2453056
List Date 04/17/2025
Property Type Multi-Family
Phone 703.929.4729
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