Bought with Lillian Roberts • Compass Pennsylvania, LLC
$315,000
$314,999
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2626 N 11TH ST Philadelphia, PA 19133
2,220 SqFt
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $141
MLS Listing ID PAPH2588128
Sold Date 05/11/26
Style Traditional
Abv Grd Liv Area 2,220
Year Built 1915
Available Date 2026-03-13
Annual Tax Amount $5,303
Tax Year 2025
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 70.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Welcome to 2626 N. 11th Street, a fully renovated (2017) legal triplex where the seller is offering a $20,000 seller assist that can be used toward closing costs, repairs, upgrades, or an interest rate buy-down. This well-maintained, income-producing property features updated kitchens and bathrooms throughout, providing modern finishes that attract and retain quality tenants while minimizing deferred maintenance. The first-floor unit is a renovated one-bedroom apartment currently renting for $1,213 per month. The second-floor two-bedroom unit is rented at $950 per month and is eligible for a PHA rent increase at the end of the current lease in August 2026, presenting built-in growth opportunity. The third-floor two-bedroom unit has also been renovated with an updated kitchen and bathroom and offers a projected rent of $1,200 per month. With separate utilities and strong rents already in place, this property is ideal for an investor seeking a stable, cash-flowing asset with minimal management requirements. Conveniently located near Broad Street, major highways, public transportation, neighborhood shops, schools, and parks, the property offers tenants easy access to Center City and surrounding areas, making it a highly desirable rental location. Investors also have the unique opportunity to purchase this property individually or as part of a package deal, as 2618, 2620, 2622, and 2624 N. 11th Street have all been renovated and will be available to be purchased together or separately, allowing for strategic portfolio expansion in one concentrated location. Whether you're looking to expand your holdings or owner-occupy one unit while tenants offset your mortgage, 2626 N. 11th Street presents a compelling investment opportunity in a vibrant and well-connected neighborhood.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning RM1
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 2220
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 371197600
Ownership Fee Simple
SqFt Source 2220
Acceptable Financing Cash, Conventional, FHA, Private, VA
Listing Terms Cash, Conventional, FHA, Private, VA
Financing Cash,Conventional,FHA,Private,VA
Special Listing Condition Standard
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