
Description
Unlock the potential of your investment portfolio with 1705 W Erie Ave, an exceptional 5-unit property listed at $425,000. Strategically located in the heart of Philadelphia, this property offers the perfect canvas for investors seeking value and the opportunity to capitalize on sweat equity.Key Features:Versatile Unit Mix: Comprising two spacious two-bedroom units, two comfortable one-bedroom units, and one efficient studio unit, this property appeals to a broad tenant demographic, ensuring a steady stream of potential renters.Vacant Units: All units are currently vacant, providing investors with a blank slate to implement upgrades, renovations, and value-added improvements, maximizing rental potential and overall property value.Sweat Equity Potential: The property is ripe for sweat equity, allowing investors to enhance the property's appeal and value through strategic renovations and upgrades. This presents an excellent opportunity to increase rental income and property appreciation.Strategic Location: Situated in the dynamic 19140 area, the property benefits from proximity to essential amenities, public transportation, and local attractions, making it an attractive option for prospective tenants.Affordable Entry Point: Priced at $425,000, this property offers an affordable entry point for investors looking to enter or expand their real estate portfolio in the thriving Philadelphia market.
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Description
Unlock the potential of your investment portfolio with 1705 W Erie Ave, an exceptional 5-unit property listed at $425,000. Strategically located in the heart of Philadelphia, this property offers the perfect canvas for investors seeking value and the opportunity to capitalize on sweat equity.Key Features:Versatile Unit Mix: Comprising two spacious two-bedroom units, two comfortable one-bedroom units, and one efficient studio unit, this property appeals to a broad tenant demographic, ensuring a steady stream of potential renters.Vacant Units: All units are currently vacant, providing investors with a blank slate to implement upgrades, renovations, and value-added improvements, maximizing rental potential and overall property value.Sweat Equity Potential: The property is ripe for sweat equity, allowing investors to enhance the property's appeal and value through strategic renovations and upgrades. This presents an excellent opportunity to increase rental income and property appreciation.Strategic Location: Situated in the dynamic 19140 area, the property benefits from proximity to essential amenities, public transportation, and local attractions, making it an attractive option for prospective tenants.Affordable Entry Point: Priced at $425,000, this property offers an affordable entry point for investors looking to enter or expand their real estate portfolio in the thriving Philadelphia market.
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-11-30T23:52:14.