REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Stacey Caito

sncaito1@gmail.com +1(703) 957-9643

Listed by Aldo Torres • Homestarr Realty

$224,999

Est. payment - /mo

1,980 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,980 sqft

Price per Sqft $113

Subdivision Kensington

MLS Listing ID PAPH2605496

Style Other

Abv Grd Liv Area 1,980

Year Built 1930

Annual Tax Amount $2,642

Tax Year 2025

Lot Size 1,080 Sqft

Acres 0.02

Lot Dimensions 15.00 x 72.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Turnkey investment opportunity at 422 E Allegheny Ave! This RM1-zoned triplex is priced at just $224,999 and offers immediate cash flow with additional upside, including potential space for a 4th unit. The property features three separately metered units: a first-floor 2-bedroom, 1-bath apartment currently rented month-to-month at $950, a second-floor 2-bedroom, 1-bath apartment that is vacant and ready for a new tenant or owner-occupant, and a third-floor 1-bedroom, 1-bath apartment rented month-to-month at $700. With two units already producing income and one available for lease at market rent, this property provides flexibility and strong earning potential. Separate utilities help keep expenses down, and the possibility to add another unit makes this a prime value-add opportunity. Conveniently located in an easy-commute area with a bus stop right on the corner, this property is ideal for tenants and owners alike. Whether you're a seasoned investor or just getting started, this property is ready to sell—schedule your showing and make your offer today!

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning RM1

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Above Ground Finished SqFt 1980

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 071305200

Ownership Fee Simple

SqFt Source 1980

Special Listing Condition Standard

Read Less Info

Nearby Locations

GET MORE INFORMATION

Stacey Caito

+1(703) 957-9643

Agent | License ID: 0225222157

Agent License ID: 0225222157

422 E ALLEGHENY AVE Philadelphia, PA 19134

Stacey Caito

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

GET MORE INFORMATION