816 W ERIE AVE, Philadelphia, PA 19140
816 W ERIE AVE, Philadelphia, PA 19140
816 W ERIE AVE, Philadelphia, PA 19140
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Mike Gular

Mike Gular

+1(610) 718-6937
Listed by Zach Matz • Keller Williams Main Line
$225,000
Est. payment /mo
1,408 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,408 sqft

Price per Sqft $159

Subdivision Hunting Park

MLS Listing ID PAPH2613072

Style Traditional

Abv Grd Liv Area 1,408

Year Built 1935

Annual Tax Amount $2,911

Tax Year 2025

Lot Size 1,163 Sqft

Acres 0.03

Lot Dimensions 16.00 x 75.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Welcome to 816 W Erie Ave, a value-add triplex opportunity located in the Hunting Park section of Philadelphia. This property offers immediate income with two occupied 2-bedroom units and a partially completed basement space that has the potential to be finished into a 1-bedroom unit, allowing the cap rate to increase from approximately 6.3% to 8.1%. Zoned RM-1, the building allows a triplex by right and comes with plans for continued use as a three-unit property. Additional features include separate utilities and a semi-finished lower-level unit ready for final completion. This property presents a strong investment option or owner-occupant opportunity with value-added upside. Conveniently located near public transit and local amenities, this triplex is offered as-is and provides an excellent chance to expand or begin your rental portfolio.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RM1

Rooms

Basement Partially Finished

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Above Ground Finished SqFt 1408

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 432052100

Ownership Fee Simple

SqFt Source 1408

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Mike Gular

Mike Gular

+1(610) 718-6937

REALTOR® | License ID: RS337342

REALTOR® License ID: RS337342

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