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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Starr Smith • Keller Williams Main Line

$480,000

Est. payment - /mo

1,923 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,923 sqft

Price per Sqft $249

MLS Listing ID PAPH2599386

Style Unit/Flat,AirLite

Abv Grd Liv Area 1,923

Year Built 1915

Annual Tax Amount $3,272

Tax Year 2025

Lot Size 1,216 Sqft

Acres 0.03

Lot Dimensions 15.00 x 80.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Fully renovated, income-producing triplex located at 907 Belmont Ave in Philadelphia. This turnkey property features three units: two spacious 2-bedroom units and one 1-bedroom unit, with washer and dryer in each unit, offering strong rental potential in a high demand rental corridor near Philadelphia Zoo, University City, and convenient access to Interstate 76. leaving you minutes away from Center City. Projected gross rental income is approximately $4,500/month or higher ($54,000 annually) Ideal for both investors seeking immediate cash flow and owner occupants looking to offset their mortgage by occupying one unit while generating rental income from the others. Fully updated and ready for occupancy, this property offers a strong blend of stability, location, and long term appreciation potential.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Forced Air

Cooling Ductless/Mini-Split

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility Level Entry - Main

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 1923

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat, AirLite

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 062330500

Ownership Fee Simple

SqFt Source 1923

Special Listing Condition Standard

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Nearby Locations

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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907 BELMONT AVE Philadelphia, PA 19104