2855 E Thompson St
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2855 E Thompson St
3 Unit Apartment Building $836,307 CAD ($278,769 CAD/Unit) Philadelphia, PA 19134
Investment Highlights
- Attached Garage
- Property has valid 3 unit variance in place.
- Recently Updated Units
Executive Summary
Welcome to 2855 E Thompson St, an exceptional multi-family property nestled in the heart of Port Richmond, Philadelphia. This investment gem comprises three meticulously maintained units, each designed to offer a perfect blend of comfort and modern living. The second-floor unit is an urban sanctuary, featuring two generously sized bedrooms and one bathroom. Recently refreshed with brand new flooring and boasting in-unit laundry, this space is ideal for both relaxation and entertainment. The open living area adds a contemporary flair, making it a versatile backdrop for daily living and social gatherings. The rear first-floor unit is equally impressive, offering a charming one-bedroom, one-bathroom apartment. It features a spacious combined living, dining, and kitchen area with newer flooring and ample closet space. The updated kitchen and bathroom ensure a convenient and comfortable living experience. The first-floor unit also mirrors the second-floor's appeal with its two bedrooms, one bathroom, and an open living space enhanced by new flooring and in-unit laundry. This unit invites relaxation and rejuvenation with its good-sized bedrooms and modern amenities. Adding significant value to this property is a 1,400/SF attached garage, providing ample storage or additional rental income potential. Currently, two out of the three units are tenant-occupied, making this an immediate income-producing opportunity. Located in one of Philadelphia’s most sought-after neighborhoods, this property is a prime location and offers a vibrant community atmosphere and proximity to popular spots in Port Richmond, Fishtown, and Olde Kensington. Don’t miss out on this fantastic investment in a dynamic area with access to the best of Philadelphia.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $836,307 CAD | Building Class | C |
| Price Per Unit | $278,769 CAD | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 3,725 SF |
| No. Units | 3 | Average Occupancy | 66% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Townhome | Parking Ratio | 0.27/1,000 SF |
| Price | $836,307 CAD |
| Price Per Unit | $278,769 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,725 SF |
| Average Occupancy | 66% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 0.27/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
- Basement
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 850 |
| 1+1 | 1 | - | 600 |
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Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (87)
zoning
| Zoning Code | RSA5 (RSA5) |
| RSA5 (RSA5) |
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2855 E Thompson St
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