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Description
Looking for a great investment in one of North Philadelphia’s most promising neighborhoods? This full rehab triplex, located in the rapidly growing Strawberry Mansion area, is a rare find as multifamily properties are few and far between in this neighborhood. Priced to sell with strong comps and new construction on the rise, this property is expected to appraise for over $430,000 once fully completed as the largest selling 3-unit in the area. With the area’s continuous development, this triplex will keep accruing equity as the neighborhood expands. Whether you’re looking to generate rental income or secure long-term equity growth, this property offers excellent potential. Don’t miss your chance to invest in North Philadelphia’s upward trend!
Finished Comp:
2521 N 34th St, Philadelphia, PA 19132 – $430,000 (4 bd | 4 ba | 1,856 sqft) – $232 PPSF
3204 Clifford St, Philadelphia, PA 19121 – $399,900 (5 bd | 5 ba | 2,450 sqft) – $169 PPSF
3144 Clifford St, Philadelphia, PA 19121 – $270,000 (3 bd | 3 ba | 2,100 sqft) – $129 PPSF
As Is:
1949 N 31st St, Philadelphia, PA 19121 – $160,000 (3 bd | 3 ba | 1,953 sqft) – $82 PPSF
3029 W Susquehanna Ave, Philadelphia, PA 19121 – $145,000 (5 bd | 3 ba | 2,166 sqft) – $67 PPSF
2720 Ridge Ave, Philadelphia, PA 19121 – $152,000 (4 bd | — ba | 1,887 sqft) – $81 PPSF
Details
Updated on October 9, 2024 at 10:08 pm- Property ID: SA24941
- Price: Buy $155,000
- Property Size: 2366
- Land size: 1273
- Bedrooms: 6
- Units: 3
- Bathrooms: 3
- Year Built: 1925
- Property Type: Multi-Family Property
- Property Status: For Sale
- Tax: 1993
- Deposit: 5000
- Zoning: RSA5
Address
Open on Google Maps- Address 2020 N 32nd St, Philadelphia, PA, USA
- City Philadelphia
- State/county Pennsylvania
- Zip/Postal Code 19121
- Area Strawberry Mansion
Walkscore
What's Nearby?
- Arts & Entertainment
-
Galaxy Furniture (0.34 mi)
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Designcrft (0.59 mi)
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Jack Ramsdale Photography (0.49 mi)
- Education
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James G. Blaine Elementary (0.22 mi)
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Philadelphia City School District (0.22 mi)
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L. P. Hill School (0.19 mi)
- Food
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Hong Kong Dragon (0.16 mi)
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New Diamond Restaurant (0.2 mi)
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Emmanuel Kings & Queens of Soul Food (0.25 mi)
- Health & Medical
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Mansion Management (0.13 mi)
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Hawkins Fredk C Jr Phys (0.13 mi)
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SalonJai (0.24 mi)
- Restaurants
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Hong Kong Dragon (0.16 mi)
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New Diamond Restaurant (0.2 mi)
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Chi Chi's Pizzeria (0.25 mi)
