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.).
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
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#: PAPH2432732

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