About 320 N 62nd St
STABLE INVESTMENT OPPORTUNITY!!! WELCOME TO THIS TOP-NOTCH FINISHED, ALMOST BRAND-NEW, FULLY RENOVATED 2023 INCOME-GENERATING TRIPLEX LOCATED IN ONE OF PHILADELPHIA’S RAPIDLY DEVELOPING NEIGHBORHOODS! THIS AMAZING PROPERTY FEATURES 3 WELL-DESIGNED UNITS WITH STRONG RENTAL POTENTIAL AND IMMEDIATE CASH FLOW. UNIT BREAKDOWN: • UNIT #1 – 2 BEDROOMS, 1 BATHROOM – CURRENTLY RENTED FOR $1,325/MONTH • UNIT #2 – 2 BEDROOMS, 1 BATHROOM – CURRENTLY RENTED FOR $1,325/MONTH • UNIT #3 – STUDIO UNIT – CURRENTLY IN THE RENTING PROCESS THE PROPERTY WAS COMPLETELY UPDATED IN 2023 AND OFFERS MODERN FINISHES, UPDATED SYSTEMS, AND LOW-MAINTENANCE OWNERSHIP. ADDITIONALLY, THE PROPERTY HAS APPROXIMATELY 7 YEARS REMAINING ON AN APPROVED TAX ABATEMENT, PROVIDING A STRONG AND STABLE INVESTMENT OPPORTUNITY WITH LONG-TERM SAVINGS AND CASH FLOW POTENTIAL. PERFECT FOR INVESTORS LOOKING TO ADD A TURNKEY, INCOME-PRODUCING PROPERTY TO THEIR PORTFOLIO!
Features of 320 N 62nd St
| MLS® # | PAPH2616122 |
|---|---|
| Price | $445,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,700 |
| Acres | 0.04 |
| Year Built | 1915 |
| Type | Multi-Family |
| Sub-Type | Triplex,Other |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 320 N 62nd St |
|---|---|
| Area | 19139 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19139 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | 90% Forced Air, Baseboard - Electric |
|---|---|
| Cooling | Central A/C |
| Has Basement | Yes |
| Basement | Unfinished |
| Fireplace | No |
Exterior
| Exterior | Masonry |
|---|---|
| Construction | Masonry |
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Date Listed | May 6th, 2026 |
|---|---|
| Days on Market | 74 |
| Zoning | RM-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | HomeSmart Realty Advisors |
|---|