PA > Philadelphia
Philadelphia, PA 19140,1729 W ERIE AVE
Philadelphia, PA 19140,1729 W ERIE AVE
Philadelphia, PA 19140,1729 W ERIE AVE
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Adam Ferst

Adam Ferst

+1(202) 421-5500
Listed by Eugene Zlotnikov • Acquisition Team LLC
$500,000
Est. payment /mo
1,566 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2549080

Year Built 1930

Annual Tax Amount $6,553

Tax Year 2025

Lot Size 1,566 Sqft

Acres 0.04

Lot Dimensions 16.00 x 100.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Turnkey 5-unit multifamily in North Philadelphia delivering stable, program-backed income from day one. Property is fully leased with rents paid by a third-party housing program that covers 100% of contract rents, reducing collection risk and supporting consistent cash flow. Practical layouts (4× 1BR + 1× studio) and straightforward systems make this an easy, low-friction hold for long-term investors. Well-situated near Broad Street transit, Temple University/Health System, neighborhood retail, and major bus routes—demand drivers that help sustain occupancy and minimize downtime. This asset suits buy-and-hold strategies focused on predictable returns and portfolio stability. Financials and rent roll available upon request. Available individually or as part of a three-property, 14-unit package with 3521 N 21st St and 2122 W Estaugh St.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RM1

Interior

Hot Water Electric

Heating Central

Cooling Wall Unit

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881298925

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

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Adam Ferst

Adam Ferst

+1(202) 421-5500

Agent | RSRS325119

Agent RSRS325119

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