Courtesy of: Carl Friedel, Acquisition Team LLC, genez512@gmail.com
Courtesy of: Carl Friedel, Acquisition Team LLC, genez512@gmail.com
$500,000
|
Lot: 0.04 Acres
|
|
Other
|
$500,000
1729 W ERIE Avenue Turnkey 5-unit multifamily in North Philadelphia delivering stable, program-backed income from day one. Property is fully leased with rents paid by a third-party housing program that covers 100% of contract rents, reducing collection risk and supporting consistent cash flow. Practical layouts (4* 1BR + 1* studio) and straightforward systems make this an easy, low-friction hold for long-term investors. Well-situated near Broad Street transit, Temple University/Health System, neighborhood retail, and major bus routes-demand drivers that help sustain occupancy and minimize downtime. This asset suits buy-and-hold strategies focused on predictable returns and portfolio stability. Financials and rent roll available upon request. Available individually or as part of a three-property, 14-unit package with 3521 N 21st St and 2122 W Estaugh St.
Courtesy of: Carl Friedel, Acquisition Team LLC, genez512@gmail.com
Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.