PA
PHILADELPHIA
PHILADELPHIA
19147
819 S 11TH STREET
819 S 11TH STREET, PHILADELPHIA, PA 19147
Listing Type
Multi Family
Listing Status
active
43
$650,000

Home Details for 819 S 11TH STREET

Price
$650,000
Type
Residential Income
Bedrooms
5
Bathrooms
0.0
Square feet
2451
Year built
1915
Lot size acres
0.02
County
PHILADELPHIA
Garage
Basement
Exterior Entry, Full, Unfinished
Days on site
111
MLS Listing#
PAPH2418994
Listing Courtesy: KW Empower - 215-627-3500
Property Description

Whether you want to live in a triplex or purely invest, you can invest in your future with 1 or 2 fully occupied, cash-flowing triplexes in the popular Bella Vista/Italian Market neighborhoods of Philadelphia. The owners are ready to retire and pass on their success to you. With a 99% occupancy rate spanning 3 to 17 years, make your first investment an “easy win,” or add another solid multi-family building to your portfolio. Either way- it’s a win. If you want to move in, we are just a few months from being able to give notice to a current tenant to vacate so you can move into your favorite unit, or if you prefer, the tenants are happy, love the locations, and are paying near or at-market rents. At 1182, you won’t have to worry about making changes after you buy, and at 819, you have the opportunity to make strategic upgrades when units turnover and increase the rents, year after year. Plus, there’s potential to increase your earnings by renting out additional storage in the basements to the tenants or someone local who needs extra storage space (or use it for yourself!). Each tenant in each unit pays for their own gas and electric (separate utilities & mechanicals- yea!). The landlord only pays for water for the two buildings and common electric at 1182 S 11th St. Both buildings have the required fire alarms, legal triplex zoning, active rental licenses, and Lead-Safe Certificates from the city. ...... Details about 1182 S 11th: Gross rent is $5700/mo for two 2-bed/2 bath flats and one 1-bed/1bath flat. The third floor has a private roof deck, and all units have central air and in-unit laundry. The basement is available for your use or an opportunity to add value by providing additional storage for the tenants. … Details about 819 S 11th: Gross rent is $4500/mo for two 2-bed/1-bath flats and one 1-bed/1-bath flat. The first floor has outdoor space and access to an extra basement room that is finished, plus access to the unfinished portion of the basement. Bilco access from the sidewalk to the basement is temporarily closed shut but could be accessed if needed down the road to rent it out separately. Each unit has in-unit laundry. Tenants use window units for cooling. New water heater (2/2025) for 819’s Unit 1! …The opportunity here for investors and owner-occupants alike is perfect- cash flow right out of the gate, and plan to make strategic value-adds along the way to increase your profit!

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Property Features
  • Basement
    • Exterior Entry
    • Full
    • Unfinished
  • Cooling Information
    • Window Unit(s)
    • Electric
  • Heating Information
    • Natural Gas
    • Baseboard
  • Water Features
    • Public
  • Parking
    • On Street
School Information
School Information for 819 S 11TH STREET, PHILADELPHIA, PA 19147
Elementary School
FANNY JACKSON COPPIN
Middle School
FANNY JACKSON COPPIN
High School
FURNESS HORACE
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Last Updated: 2025-02-19 21:30:22
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Office
215 623 6000
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