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Sold for $400,000 on 04/04/25
  • $400,000

    1540 W Tioga St, Philadelphia, PA 19140

    5beds
    4baths
    2,048sqft
    Townhouse
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $195/sqft
    $1,683 Estimated rent

    What's special

    Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property, renovated in 2021, is situated in the highly sought-after neighborhood of Philadelphia just steps from Temple University Hospital. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases, as well as owner user capability utilizing the income from the additional units to offset expenses. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately seven years remaining on a tax abatement. The unit mix includes one (1) studio unit, one (1) 2-bedroom, 1-bathroom unit and one (1) 3-bedroom, 2-bathroom unit. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).

    Zillow last checked: 7 hours ago

    Listing updated: April 10, 2025 at 07:32am

    Listed by:

    Jim Onesti 484-429-6769,

    KW Empower,

    Listing Team: The Mike Mccann Team, Co-Listing Team: The Mike Mccann Team,Co-Listing Agent: Steven Onesti 215-783-7779,

    KW Empower

    Bought with:

    Matthew Bell, rs324807

    Keller Williams Real Estate - Bethlehem

    Source: Bright MLS,MLS#: PAPH2432732MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Forced Air, Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,048
    • Total interior livable area: 2,048 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,232 sqft
    • Dimensions: 16.00 x 77.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 112084000
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Nicetown-tioga
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    Services availability