2855 E Thompson St - Apartments FOR SALE


Philadelphia, PA 19134
$590,000 USD
215-923-7600
2855 E Thompson St, Philadelphia, PA for Sale
$590,000 USD
Apartments - FOR SALE
1/52
null | Request Cap Rate

2855 E Thompson St
Philadelphia, PA 19134


HIGHLIGHTS

  • Attached Garage
  • Recently Updated Units
  • Property has valid 3 unit variance in place.

OVERVIEW

Welcome to 2855 E Thompson St, an exceptional multi-family property nestled in the heart of Port Richmond, Philadelphia. This investment gem comprises three meticulously maintained units, each designed to offer a perfect blend of comfort and modern living. The second-floor unit is an urban sanctuary, featuring two generously sized bedrooms and one bathroom. Recently refreshed with brand new flooring and boasting in-unit laundry, this space is ideal for both relaxation and entertainment. The open living area adds a contemporary flair, making it a versatile backdrop for daily living and social gatherings. The rear first-floor unit is equally impressive, offering a charming one-bedroom, one-bathroom apartment. It features a spacious combined living, dining, and kitchen area with newer flooring and ample closet space. The updated kitchen and bathroom ensure a convenient and comfortable living experience. The first-floor unit also mirrors the second-floor's appeal with its two bedrooms, one bathroom, and an open living space enhanced by new flooring and in-unit laundry. This unit invites relaxation and rejuvenation with its good-sized bedrooms and modern amenities. Adding significant value to this property is a 1,400/SF attached garage, providing ample storage or additional rental income potential. Currently, two out of the three units are tenant-occupied, making this an immediate income-producing opportunity. Located in one of Philadelphia’s most sought-after neighborhoods, this property is a prime location and offers a vibrant community atmosphere and proximity to popular spots in Port Richmond, Fishtown, and Olde Kensington. Don’t miss out on this fantastic investment in a dynamic area with access to the best of Philadelphia.

FOR SALE DETAILS

PRICE

$590,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

3

PRICE/UNIT

$196,667

CAP RATE

Request Cap Rate

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,581 SF

ZONING

RSA5

APN/PARCEL ID

251242800

ASK ABOUT THIS PROPERTY

Tim BroganColdwell Banker RealtyMore Info
215-923-7600

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Tim BroganColdwell Banker RealtyMore Info
215-923-7600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.