$ 379,999
-
$379,999
Price -
3
Bed -
0
Bath -
3,074
SqFt
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About the Listing EL-W-PH - 3147307
Love garages? Looking for a high-performing investment property with an impressive cap rate and reliable tenants? Welcome to 523 W Venango Avenue. This pristine corner triplex with three garages showcases the care and attention the owner has invested. Each unit has been thoughtfully updated with modern kitchens, new flooring, renovated bathrooms, and electric baseboard heating. The building offers a mix of one studio, one two-bedroom, and one one-bedroom apartment. The garages are a standout feature—equipped with electric roll-up doors, heating, excellent overhead lighting, and extra storage space, plus a bonus upstairs mini office with AC and heat. The basement has been set up as a workshop, adding even more versatility to the property. Recent upgrades highlight the property’s turnkey condition, including a new roof installed in 2022, four new water heaters added in 2023, 100-amp service for each apartment, replacement windows throughout, and current lead testing. This is a rare opportunity to own a fully upgraded property with strong income, modern improvements, and unique features that set it apart. Close to Temple and Temple Hospital, close to several bus line and stores for tenants within walking distance.
Listing Highlights
Status
Active
Days on Site
32
Property Type
Multi-Family
MLS ®
PAPH2559288
Year Built
1925
Total Square Footage
3,074
Lot/Acreage
0.05
County
Philadelphia
Neighborhood
Nicetown-Tioga
Area
19140 (19140)
School District
Philadelphia City
Interior Details
- Bedrooms: 3
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Ceramic Tile,Partially Carpeted,Vinyl
- Above Ground Sq Ft: 2824
- Below Ground Sq Ft: 250
- Basement: Full,Improved,Outside Entrance,Poured Concrete,Workshop
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 3 car
- Parking Spaces: 3
- Lot Dimensions: 21.00 x 100.00
- Zoning: RESIDENTIAL
- Roof: Flat
- Others: Excellent
- Sewer: Public Septic
- Parking Features: Lighted Parking,Heated,Private,Paved Driveway,Paved Parking,Garage Door Opener,Garage - Front Entry,Additional Storage Area,Oversized,On Street,Attached Garage,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $3,800
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
523 W Venango St Philadelphia, PA 19140
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