1729 W ERIE AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19140
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2549080
Year Built 1930
Annual Tax Amount $6,553
Tax Year 2025
Lot Size 1,566 Sqft
Property Sub-Type Five Or More Units
Property Description
Turnkey 5-unit multifamily in North Philadelphia delivering stable, program-backed income from day one. Property is fully leased with rents paid by a third-party housing program that covers 100% of contract rents, reducing collection risk and supporting consistent cash flow. Practical layouts (4× 1BR + 1× studio) and straightforward systems make this an easy, low-friction hold for long-term investors. Well-situated near Broad Street transit, Temple University/Health System, neighborhood retail, and major bus routes—demand drivers that help sustain occupancy and minimize downtime. This asset suits buy-and-hold strategies focused on predictable returns and portfolio stability. Financials and rent roll available upon request. Available individually or as part of a three-property, 14-unit package with 3521 N 21st St and 2122 W Estaugh St.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Interior
Hot Water Electric
Heating Central
Cooling Wall Unit
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Special Listing Condition Standard