2349 N PARK AVE, Philadelphia, PA 19132
2349 N PARK AVE, Philadelphia, PA 19132
2349 N PARK AVE, Philadelphia, PA 19132
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Listed by Robin Gordon • BHHS Fox & Roach-Haverford
$495,000
Est. payment /mo
2,830 SqFt
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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,830 sqft

Price per Sqft $174

MLS Listing ID PAPH2639922

Style Colonial

Abv Grd Liv Area 2,830

Year Built 1915

Annual Tax Amount $6,734

Tax Year 2026

Lot Size 1,712 Sqft

Acres 0.04

Lot Dimensions 16.00 x 107.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

A turnkey income-producing triplex in one of Philadelphia's most reliably active rental corridors. 2349 Park Avenue offers investors a well-maintained three-unit building steps from Temple University's main campus, delivering a strong 7.5% cap rate and a unit mix designed to maximize occupancy and cash flow year-round.
The building comprises two two-bedroom units and one three-bedroom unit — a configuration that appeals to both the student rental market and long-term tenants looking for affordable, accessible North Philadelphia housing. With Temple University just down the street, demand for well-kept rental units in this immediate area has remained consistent regardless of broader market conditions, providing the kind of stable, recession-resistant income that anchors a strong portfolio.
Beyond the current returns, the upside story here is compelling. The surrounding neighborhood continues to attract investment and development activity, with rising rents and improving fundamentals putting future appreciation firmly in play. Whether you're an experienced investor looking to add a cash-flowing asset or a first-time buyer interested in a live-in opportunity with built-in rental income, 2349 Park Avenue delivers immediate returns today with real room to grow tomorrow.

Location

State PA

County Philadelphia

Area 19132 (19132)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2830

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 371285800

Ownership Fee Simple

SqFt Source 2830

Special Listing Condition Standard


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Jeejesh Mannambeth

Jeejesh Mannambeth

+1(484) 631-6685

REALTOR® | License ID: RS347317

REALTOR® License ID: RS347317

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