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Listed by Eugene Zlotnikov • Acquisition Team LLC
$ 500,000
Est. payment /mo
Active
1729 W ERIE AVE Philadelphia, PA 19140
1,566 Sqft Lot
UPDATED:
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
Acres 0.04
Lot Dimensions 16.00 x 100.00
Property Sub-Type Five Or More Units
Source BRIGHT
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
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881298925
Ownership Fee Simple
Special Listing Condition Standard
