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523 W Venango StreetPhiladelphia, PA 19140

For Sale

$450,000

Smart Buyer Rebate $3,750

Investor Alert! Prime Turnkey Multifamily Package in North Philadelphia – $9,300 Monthly Rental Income Two fully occupied buildings offered together for a rare income-producing opportunity in a rapidly growing area. Located at 521 & 523 W Venango Street, this investment package includes 11 total residential units + 2 garage spaces, with a current monthly rental income of $9,300 and potential upside. 521 W Venango features 6 residential units: five studio apartments and one 1-bedroom unit, all occupied and generating consistent cash flow. 523 W Venango includes 5 units: one 2-bedroom, one 1-bedroom, and one studio apartment, plus two garages—a three-car garage currently rented and a vacant one-car garage ready to lease or use for owner storage. All tenants are in place and paying rent, making this an ideal opportunity for investors seeking immediate income in a high-demand rental market. Conveniently located near major transit, Temple Health System, and local amenities. Don't miss this chance to own a stable, cash-flowing asset in North Philadelphia!

Listed by Andrew Bachmann

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License #RS358729

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OCF Realty LLC - Philadelphia

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8564490718

Last updated July 22, 2025

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Source: BrightMLS #PAPH2496646

Listing Facts

  • TypeMulti-family
  • NeighborhoodFranklinville
  • Days on Prevu80
  • Taxes$1,383/year
  • Size2,824 sqft
  • Price per sqft$159

Location

Mortgage Calculator

Listing History

06/19/2025
Listed by OCF Realty LLC - Philadelphia
$450,000

Property Details for 523 W Venango Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Stories Total: 2
  • Year Built: 1925
  • Architectural Style: Back-to-Back
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.05
  • Lot Size Dimensions: 21
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,066
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $1,383.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 2,824
  • Living Area Source: Assessor

Other

Features

  • Accessibility Features: 2+ Access Exits

Location

  • Tax Lot: 67

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Wall Unit
  • Sewer: Public Septic
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.