About the Listing TRINIT - 3164503

Located in Philadelphia's dynamic Temple University Hospital District, this expansive property at 1810 W. Tioga Street is a prime canvas for the right investor. This is not a turnkey solution—it's a rare "value-add" opportunity for an experienced professional to transform a diamond in the rough into a high-yield, multi-unit income producer. Property Highlights: Massive Footprint: With approximately 2,808 square feet of interior living space on a generous 2,332 square foot lot, this property offers significant room to reconfigure and expand. High-Potential Basement: The property boasts a very high basement, a key feature that allows for a legal conversion into an additional apartment. This is a game-changer for maximizing rental income. Ideal for Conversion: Current zoning records indicate the property has a "Residential Single-family Attached" (RSA-5) designation, but it is also noted as "RES-ROW CONVERTED TO APARTMENT." The existing structure is a triplex. This suggests the potential for a savvy investor to work with the city's zoning regulations to expand the number of units, potentially up to a four-unit building, subject to proper permitting and city approval. Prime Location: Situated in the Temple University Hospital District, the area is a magnet for students, medical professionals, and support staff, ensuring a strong and consistent demand for quality rental housing. Lucrative Market: The Philadelphia multi-family market is experiencing robust growth, with strong occupancy rates and rising rents. This is the perfect time to capitalize on a market that offers a compelling balance of affordability and strong returns compared to other major East Coast cities. The Vision: Imagine a four-unit building, where each thoughtfully renovated apartment commands a competitive market rate. With the high basement converted into a legal living space, you can significantly increase your gross rental income. This property is perfect for a "buy-and-hold" strategy, where you can benefit from both a consistent cash flow and long-term appreciation in a rapidly developing area. This is a project for a confident investor who understands: The process of navigating Philadelphia's permitting and zoning for multi-unit conversions. The value of strategic renovations to maximize rental yields. The significant return on investment that comes with breathing new life into a large, well-located property. Don't miss this chance to add a valuable asset to your portfolio and create a lasting income stream. Schedule your showing today and start planning your next great investment.

Listing Highlights for 1810 W Tioga St

Listing Location