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1611 W Erie Ave
Philadelphia, PA 19140

Multifamily Property For Sale · 2 Units

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Investment Highlights

Unit 1 - Rented at $850/month ?? 2 Beds & 1 Bath ??? ?? Kitchen ??? Living Room ??? With Basement Acc
Two modern, renovated units with hardwood flooring throughout ?
Front yard with charming white picket fence ??

Unit 2 - Currently Owner-Occupied ?? 3 Beds & 1 Bath ??? ?? Kitchen ??? Living Room ???
All-new water heaters & gas heaters installed in October 2024 ??
Great opportunity to live in one unit and rent the other ??

Executive Summary

Sellers Disclosure and Lead Based Paint Addendum Coming Soon. Please see the attached Presentation of Offers and CRA financing flyer in documents. Contact us at 215-607-3535 with any questions. Email offers to thelistingteam@liveloveathome.com

PROPERTY FACTS

Price Per Unit	$147,212 CAD	Lot Size	0.04 AC
Sale Type	Investment	Building Size	1,728 SF
No. Units	2	Average Occupancy	50%
Property Type	Multifamily	No. Stories	2
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential Multifamily Dormitory	Year Built	1930
Apartment Style	Townhome	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price Per Unit	$147,212 CAD
Sale Type	Investment
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential Multifamily Dormitory
Apartment Style	Townhome
Lot Size	0.04 AC
Building Size	1,728 SF
Average Occupancy	50%
No. Stories	2
Year Built	1930
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Site Amenities

Trash Pickup - Curbside

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
2+1	1	-	-
3+1	2	-	-

zoning

Zoning Code	RM1 (Residential Multi-Family-1)
RM1 (Residential Multi-Family-1)

Listing ID: 34073008
Date on Market: 2024-12-03
Last Updated:
Address: 1611 W Erie Ave, Philadelphia, PA 19140

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