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3402 TAMPA STREET
PHILADELPHIA PA 19134 US

$80,000

Active Listing ID PAPH2428312
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2 bed
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1.00 Bath (1 Full)
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Lot: 0.01 Acres
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Townhouse

$80,000

Active Listing ID PAPH2428312
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3402 TAMPA STREET Portfolio Sale!! This is a portfolio sale featuring two tenant-occupied properties being sold AS-IS for $165, 000. Both tenants are on month-to-month leases, giving the buyer flexibility to either keep the tenants for steady rental income or deliver the properties vacant at settlement. This package includes 3402 Tampa St (2-bed, 1-bath, 728 sqft) and 257 E Elkhart St (3-bed, 1-bath, 924 sqft). Together, they generate $18, 600 annually, with tenants covering all utilities. "3402 Tampa St": $8, 400/year, "257 E Elkhart St": $10, 200/year. Both tenants have a reliable payment history, offering immediate cash flow with room for rent adjustments to align with market rates. Situated in the Kensington-Port Richmond area, these properties benefit from their proximity to grocery stores, public transportation, and major highways such as I-95 and Aramingo Ave. The surrounding neighborhood is gaining momentum, driven by development and growth spilling over from popular areas like Fishtown and Northern Liberties. This creates strong demand for rentals, ensuring a stable tenant pool and future appreciation potential. The homes are located within walking distance of restaurants, markets, and local shops, adding to the area’s appeal. Both properties are currently rented below market value, offering an excellent value-add opportunity for investors. Options include raising rents, repositioning the properties, or enrolling in Section 8 housing programs. This package provides long-term cash flow with minimal upfront effort and offers a pathway to higher returns through strategic updates. Whether you’re looking to hold and rent or add value through improvements, this portfolio is a solid investment in a promising Philadelphia neighborhood.

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Property Features

  • Facts
  • Lot Size: 0.01 Acres
  • Property Type: Residential
  • Property Sub-type: Townhouse
  • Features
  • Full Bathrooms: 1
  • Cooling System: Window Unit(s) A/C
  • Heating Fuels: Baseboard

Property

  • propertytype: Residential
  • propertysubtype: Townhouse
  • listprice: 80000
  • unparsedaddress: 3402 TAMPA STREET
  • postalcity: PHILADELPHIA
  • stateorprovince: PA
  • country: US
  • postalcode: 19134
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.01
  • lotsizeunits: Acres
  • lotsizearea: 0.01
  • livingarea: 728
  • livingareaunits: Square Feet
  • latitude: 40.000372
  • longitude: -75.117851
  • listagentfullname: Sean Lin
  • listagentemail: seanlinhomes@gmail.com
  • listagentkey: 3yd-TRENDPA-3361972
  • listagentmlsid: 3361972
  • listagentpreferredphone: 2152180939
  • listagentofficephone: 2152180939
  • listofficekey: 3yd-TRENDPA-TARGET
  • listofficemlsid: TARGET
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1920
  • listingcontractdate: 2024-12-16
  • listagenturl: http://century21target.com
  • countyorparish: PHILADELPHIA
  • elementaryschooldistrict: THE SCHOOL DISTRICT OF PHILADELPHIA
  • middleorjuniorschooldistrict: THE SCHOOL DISTRICT OF PHILADELPHIA
  • highschooldistrict: THE SCHOOL DISTRICT OF PHILADELPHIA
  • appliances: Refrigerator
  • cooling: Window Unit(s) A/C
  • heating: Baseboard
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • interiorfeatures: Carpet, Ceiling Fan(s), Dining Area, Kitchen - Eat-in, Bathroom - Tub Shower, Wood Floors
  • architecturalstyle: New Traditional
  • rooms: Basement, Bathroom 1, Bedroom 1, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.11785, 40.000374
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Target Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"seanlinhomes@gmail.com", "ListBrokerageCity":"Philadelphia", "ListBrokerageCountry":"US", "ListBrokerageEmail":"targetrealty@yahoo.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Target Realty LLC", "ListBrokeragePhone":"(215) 218-0939", "ListBrokeragePostalCode":"19147", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"612-36 Washington AVE Uni 1", "ListBrokerageWebsiteUrl":"http://century21target.com", "ListOfficeAddress1":"612 Washington AVENUE", "ListOfficeAddress2":"1", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Philadelphia", "ListOfficeCountry":"US", "ListOfficeEmail":"targetrealty@yahoo.com", "ListOfficePostalCode":"19147", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Traditional, Interior Row/Townhouse - PHILADELPHIA, PA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3402-Tampa-St_Philadelphia_PA_19134_M33472-36324?f=listhub&s=TRENDPA&m=PAPH2428312&c=rexren", "MLSModificationTimestamp":"2024-12-22T03:28:45Z", "Neighborhoods":[{"Description":null, "Name":"PHILADELPHIA"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":692, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/22/2024 10:06:43 AM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: Sean Lin, Target Realty, seanlinhomes@gmail.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.