Well-maintained, Fully Occupied Triplex in Prime Location Near Temple University school of pharmacy and Hospital!
This fully occupied triplex at 1505 W Erie Ave presents an excellent investment opportunity with steady rental income and minimal turnover. Three separate units- each unit is spacious, well-maintained, and ideal for maximizing cash flow. The first and second floor each offers 2 bedrooms and 1 bath, and the third floor offers 1 bedroom and 1 bath.
Current rent way below market value with a lot of potential.
Presented By: Samson Properties
Interior Features for 1505 W Erie Avenue
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringHardwood, Luxury Vinyl Tile, Ceramic Tile
Furnished UnitsAll
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterElectric, Multi-tank, Natural Gas
Total Stories3
General for 1505 W Erie Avenue
Acceptable FinancingCash, Conventional, FHA
AccessibilityNone
Architectural StyleDwelling with Rental
CityPHILADELPHIA
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Ceiling Fan(s), Multi Units, Wall Unit
CountyPHILADELPHIA
DirectionsGPS near Broad and Erie
Electric100 Amp Service
Garage Y/NNo
HeatingCentral
Home Warranty Y/NNo
Lease TypeYearly
Lot Size Square Feet1519.00
Lot Size UnitsSquare Feet
MLS Area19140 (19140)
ModificationTimestamp2025-04-15T20:24:17
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG134.54
Property ConditionGood
Property SubtypeTriplex
Property TypeMulti-Family
RoofFlat
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount3171.0
Tax Assessed Value226600.0
Tax Lot185
Tax Year2024
Total SQFT2594
Two Bedroom2
UtilitiesNatural Gas Available, Sewer Available, Water Available
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