1111 W Lehigh Avenue, PHILADELPHIA, PA 19133 (MLS # PAPH2474920)

Price $185,000
Status Active
Beds 4
Baths 0 Bath
Home size 3,130 sqft
Lot Size 2,178 sqft
Days on Market 1
Investor Special - Legal 5-Unit Property in Prime North Philadelphia Location Discover a rare investment opportunity in the Glenwood section of North Philadelphia with this fully approved legal 5-unit building. Ideal for seasoned investors or visionary developers, this property offers a well-balanced mix of units: two spacious studios, two one-bedroom units, and one two-bedroom unit"”each thoughtfully laid out to provide comfortable living spaces for future tenants. The building requires a full renovation, making it a blank canvas with massive upside potential. With projected monthly rental income between $4,500-$5,000, or even higher through Section 8 participation, this is a high-yield opportunity waiting to be unlocked. Perfectly situated near public transportation including the Broad Street Line and multiple bus routes, the location offers exceptional connectivity. Residents will enjoy walking access to Dollar General, corner stores, grocery options, and Temple University Hospital. Whether you're looking to add a cash-flowing asset to your portfolio or reposition this property to maximize returns, this Glenwood multi-unit is priced to sell and brimming with potential. Previous rents were: Studios: $850/ unit 1brs: $950/ unit 2br: $1300 Sold strictly "AS-IS, WHERE-IS" Schedule your tour today and explore the possibilities.
Property Type(s): Multi Family
Last Updated 4/28/2025 Year Built 1920
Community 19133 (19133) County PHILADELPHIA

SCHOOLS

School District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
AREA 19133 (19133)
HEAT Baseboard
LOT 2178 sq ft
LOT DIMENSIONS 20.00 x 116.00
PARKING None
POOL DESCRIPTION None
SEWER Public Sewer
STYLE Traditional
TAXES 2582
WATER Public

Location

 

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