Bought with Christi Truesdell • KW Empower
$495,000
$495,000
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9 Beds
3 Baths
2,830 SqFt
SOLD DATE : 09/17/2026
Key Details
Sold Price $495,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,830 sqft
Price per Sqft $174
Subdivision None Available
MLS Listing ID PAPH2642218
Sold Date 09/17/26
Style Trinity
Bedrooms 9
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 2,830
Year Built 1915
Annual Tax Amount $6,734
Tax Year 2025
Lot Size 1,712 Sqft
Acres 0.04
Lot Dimensions 16.00 x 107.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
A turnkey income-producing triplex in one of Philadelphia's most reliably active rental corridors. 2349 Park Avenue offers investors a well-maintained three-unit building steps from Temple University's main campus, delivering a strong 7.5% cap rate and a unit mix designed to maximize occupancy and cash flow year-round. The building comprises two two-bedroom units and one three-bedroom unit — a configuration that appeals to both the student rental market and long-term tenants looking for affordable, accessible North Philadelphia housing. With Temple University just down the street, demand for well-kept rental units in this immediate area has remained consistent regardless of broader market conditions, providing the kind of stable, recession-resistant income that anchors a strong portfolio. Beyond the current returns, the upside story here is compelling. The surrounding neighborhood continues to attract investment and development activity, with rising rents and improving fundamentals putting future appreciation firmly in play. Whether you're an experienced investor looking to add a cash-flowing asset or a first-time buyer interested in a live-in opportunity with built-in rental income, 2349 Park Avenue delivers immediate returns today with real room to grow tomorrow
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RM1
Rooms
Main Level Bedrooms 3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Story 3
Foundation Slab
Above Ground Finished SqFt 2830
Sewer Public Sewer
Water Public
Architectural Style Trinity
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 371285800
Ownership Fee Simple
SqFt Source 2830
Special Listing Condition Standard
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