2617 E Allegheny Ave, Philadelphia, PA 19134

$460,000
7
BD
3
BA
2,189
SqFt

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Sold Price
$460,000
List Price
$499,999
Closing Date
Aug 31, 2026
Days on Market
43
Status
CLOSED
MLS#
PAPH2640060
Bedrooms
7
Bathrooms
3
Full Baths
3
Living Area
2,189
Lot Size (Acres)
0.02
Style
Dwelling w/Separate Living Area, Straight Thru, Apartment, Other
Year Built
1920
County
Philadelphia
School District
Philadelphia City

Property Description

High-Yield Turnkey Investment: 8-Unit Boarding House in Prime Port Richmond Excellent income-producing investment property featuring 7 rentable boarding units and one commercial unit in a convenient location with strong rental demand. The property offers individual furnished or unfurnished rooms, shared common areas, and a functional layout designed for efficient management and tenant comfort. This well-maintained building provides investors with multiple income streams and the potential for stable cash flow. Features include common areas, multiple bathrooms, on-site laundry access, and ample storage. Conveniently located near public transportation, shopping, employment centers, and major roadways, making it attractive to long-term tenants. Whether you're expanding your investment portfolio or seeking a turnkey income property, this 8-unit boarding house presents a unique opportunity with strong occupancy potential and upside for future growth. Buyer to conduct their own due diligence regarding zoning, licensing, and intended use.

Additional Information

Area
19134 (19134)
Subdivision
Port Richmond
School District
Philadelphia City
Heating
Radiant
Cooling
Window/Wall
Water
Public
Sewer
Public Sewer
Basement
Full, Improved, Poured

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Listing courtesy of KW Empower. Contact:

Selling Office: BHHS Fox & Roach-Chestnut Hill.