Newly Repriced! Love garages? Looking for a high-performing investment property with an impressive cap rate and reliable tenants? Welcome to 523 W Venango Avenue. This pristine corner triplex with three garages showcases the care and attention the owner has invested. Each unit has been thoughtfully updated with modern kitchens, new flooring, renovated bathrooms, and electric baseboard heating. The building offers a mix of one studio, one two-bedroom, and one one-bedroom apartment. The garages are a standout feature—equipped with electric roll-up doors, heating, excellent overhead lighting, and extra storage space, plus a bonus upstairs mini office with AC and heat. The basement has been set up as a workshop, adding even more versatility to the property. Recent upgrades highlight the property’s turnkey condition, including a new roof installed in 2022, four new water heaters added in 2023, 100-amp service for each apartment, replacement windows throughout, and current lead testing. This is a rare opportunity to own a fully upgraded property with strong income, modern improvements, and unique features that set it apart. Close to Temple and Temple Hospital, close to several bus line and stores for tenants within walking distance.
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 523 W Venango Street.
Does this multi-family home have parking?
Yes, there are 3 parking spaces available for 523 W Venango Street.
What are the annual taxes for 523 W Venango Street?
Annual taxes for this multi-family home are estimated at $3,800.
How does 523 W Venango Street compare to other multi-family homes in Franklinville?
This multi-family home is listed 25% above the average price for multi-family homes in Franklinville and has been on the market for 70 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,074 sqft.
523 W Venango Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19140. Available on Prevu for 78 days at $369,999. This includes a recent price decrease of $10,000. This property features 3,074 square feet of living space, located in Franklinville. The median listing price for multi-family homes in this area is $150,000. Additional amenities include parking. View other multi-family home listings in Philadelphia.
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