Turnkey Value-Add Multi-Family Opportunity in Northeast Philadelphia Acquire a fully occupied, income-producing asset offering immediate cash flow and substantial rental upside. Historically marketed as a mixed-use property, this townhome spans over 3300 square feet, and features dedicated off-street parking. Upper Units (2): Each residence offers 2 bedrooms and 2 full bathrooms, an open-concept kitchen and living area, and in-unit washer/dryer, with one full bath and a walk-in closet located in the primary bedroom. Lower Level: Features a separate private entrance, spacious bedroom, full bathroom, living area, and kitchenette. Parking: Rare private front driveway accommodating multiple vehicles, including large pick-up truck. Financial Upside: All three spaces are occupied by long-term, month-to-month tenants at below-market rents, offering immediate cash flow with strong potential to bring rents to market value.
Rhawnhurst, located between Roosevelt Boulevard and Pennypack Park, is a residential and commercial Philadelphia neighborhood with mid-century brick twins and broad, car-friendly avenues. The neighborhood’s energy concentrates around the Bustleton Avenue and Cottman Avenue crossroads, where bakeries, delis, small groceries, and long-running storefronts keep the sidewalks busy. Community pillars include the Northeast Regional Library, the historic Pennypack Park stone bridges, and the Pennypack Environmental Center. Housing leans toward tidy twins and ranchers with driveways and small front lawns, giving blocks a steady, lived-in rhythm. Pennypack Creek’s wooded trails add a quieter counterpoint to the boulevard traffic. Shopping clusters along Bustleton and Cottman keep daily errands close to home.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Open floor plan
Eat-in kitchen
Walk-in closets
Partial, unfinished basement
Kitchen
Built-in range, cooktop, dishwasher, disposal, gas oven/range, range hood, refrigerator
Laundry & utility
In-unit washer and dryer
Natural gas water heater
Flooring
Laminate flooring
Heating & cooling
Forced-air heating with natural gas
Central air conditioning with electric cooling
Exterior features
Sidewalks
Home design
Three-story interior townhouse/rowhouse
Parking
Driveway
Construction
Masonry construction
Stone foundation
Flat roof
Utilities
Public water
Public sewer
100-amp electric service
Financial info
Three units, all leased month-to-month: one single-room unit, one one-bedroom unit, and two two-bedroom units
Electricity and solar
View estimated energy costs and solar savings for this home
A Beautiful triplex, good investment property. The two bedroom apartments are very desirable and rent out very quickly. Due to the good condition of the apartments and a great desirable area we have been able to attract good tenants. Vacancies are very limited in between tenants. Some tenants have stayed for several years at a time. Listing with MLS #6692160 is also for sale, both can be bought together if desired. This is a mixed use property with 2 duplexes and an office on the lower level.
BRIGHT MLS #1007440844
Feb 29, 2016
Listing Removed
—
Aug 3, 2015
Listed
$315,000
$95/sq ft
Public Records
Jul 7, 1983
Sold
$45,476
$14/sq ft
Public Records
Mar 1, 1983
Sold
$80,000
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,935
$84,800 + $339,200
$424,000
2025
$5,935 (+34.5%)
$84,800 + $339,200
$424,000
2024
$4,412
$63,040 + $252,160
$315,200
2023
$4,412 (+75.7%)
$63,040 + $252,160
$315,200
2022
$2,511
$27,764 + $151,636
$179,400
2021
$2,511
$27,764 + $151,636
$179,400
2020
$2,511 (+6.8%)
$27,764 + $151,636
$179,400
2019
$2,352 (−13.4%)
$26,000 + $142,000
$168,000
2018
$2,714
$30,054 + $163,846
$193,900
2017
$2,714 (+4.5%)
$30,054 + $163,846
$193,900
2015
$2,598
$32,051 + $161,849
$193,900
2014
$2,598 (−18.6%)
$32,051 + $161,849
$193,900
2013
$3,192 (+3.6%)
$4,452 + $28,220
$32,672
2012
$3,082 (+3.9%)
$4,452 + $28,220
$32,672
2011
$2,967 (+9.9%)
$4,452 + $28,220
$32,672
2010
$2,700
$4,452 + $28,220
$32,672
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
20 ft.
Lot depth
100 ft.
Lot size
1,998 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,316
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,316
Year built
1983
Style
Multi-Family (5+ Unit)
County
Philadelphia County
APN
561467015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 20, 2026.
CMX-1
/AHC
/FNE
/NE - MAP B
/NIS
Neighborhood Commercial Mixed-Use-1 District
The CMX-1, Neighborhood Commercial Mixed-Use district is primarily intended to accommodate low-impact, small-scale, neighborhood-serving retail and service uses in storefront buildings, as well as the types of residential uses allowed in surrounding zoning districts.
Zone overlays
Airport Hazard Control Overlay District
Far Northeast Overlay District
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Garden center
Day care facility
Housing-Senior
Fire house
Library
Police station
Recreation-Other
Climate risks
6/10 Flood Factor
Estimated 67-75% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19152
Average low and high temperatures (°F)
36
24
40
27
58
38
67
47
73
56
84
66
88
71
82
64
79
62
67
50
57
41
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
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