229-31 N 65TH ST, Philadelphia, PA 19139
229-31 N 65TH ST, Philadelphia, PA 19139
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Jeejesh Mannambeth

Jeejesh Mannambeth

+1(484) 631-6685
Listed by Valerie Yosef • BHHS Fox & Roach-Center City Walnut
$525,000
Est. payment /mo
5,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $105

MLS Listing ID PAPH2640954

Style Colonial

Abv Grd Liv Area 5,000

Year Built 1925

Annual Tax Amount $2,910

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.11

Lot Dimensions 40.00 x 125.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Exceptional income-producing quadplex located just minutes from the University of Pennsylvania and the heart of University City. This investment opportunity features four residential units, including three renovated 1-bedroom, 1-bath apartments that have historically leased for $1,200–$1,500 per month, and a spacious 3-bedroom, 3.5-bath unit that was leased for $2,400 per month. Three of the four units have been updated, while the remaining unit offers value-add potential through renovation. The property also includes a large detached garage that generated an additional $1,200 per month in rental income. With a total monthly income potential of approximately $7,200–$7,400, this property presents an outstanding opportunity for investors seeking strong cash flow in one of Philadelphia's most desirable rental markets, close to major universities, hospitals, public transportation, and neighborhood amenities.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RSA3

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Wall Unit

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Garage - Front Entry

Garage Spaces 1.0

Water Access N

Accessibility None

Attached Garage 1

Total Parking Spaces 1

Garage Y

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 5000

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 343112400

Ownership Fee Simple

SqFt Source 5000

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Jeejesh Mannambeth

Jeejesh Mannambeth

+1(484) 631-6685

REALTOR® | License ID: RS347317

REALTOR® License ID: RS347317

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