Philadelphia, PA 19140,1540 W TIOGA ST
Philadelphia, PA 19140,1540 W TIOGA ST
Philadelphia, PA 19140,1540 W TIOGA ST
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$420,000
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2,048 SqFt
Active

1540 W TIOGA ST Philadelphia, PA 19140

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UPDATED:

02/11/2025 01:17 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,048 sqft

Price per Sqft $205

Subdivision Nicetown-Tioga

MLS Listing ID PAPH2432732

Style Other

Abv Grd Liv Area 2,048

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $1,161

Tax Year 2025

Lot Size 1,232 Sqft

Acres 0.03

Lot Dimensions 16.00 x 77.00

Property Description

Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property, renovated in 2021, is situated in the highly sought-after neighborhood of Philadelphia just steps from Temple University Hospital. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases, as well as owner user capability utilizing the income from the additional units to offset expenses. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately seven years remaining on a tax abatement. The unit mix includes one (1) studio unit, one (1) 2-bedroom, 1-bathroom unit and one (1) 3-bedroom, 2-bathroom unit. Don't miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RSA5

Rooms

Basement Fully Finished

Interior

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 112084000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Jim Onesti • KW Empower
Hope Greenlee
Hope Greenlee Agent | License ID: 658745

+1(443) 743-0551

1425 Clarkview Rd, Baltimore, MD, 21209, USA

Hope Greenlee
I am a seasoned Realtor with an impressive 16 years of experience in the real estate industry. Hailing from Baltimore County, I am a proud graduate of Parkville High School, and she furthered her education by pursuing a business degree at a prestigious school in Pittsburgh, Pennsylvania.
With a background as a Multi-Site Property Manager spanning over two decades across Maryland, I have honed my skills and expertise in various facets of real estate. However, my most cherished accomplishment is being a devoted mother to five children.
I am not just a Realtor; I am passionate and market-savvy professional who prioritizes my clients' satisfaction and best interests above all else. My commitment to understanding and meeting my clients' unique needs, combined with my extensive market knowledge, construction expertise, and exceptional negotiation skills, truly sets me apart in the industry.
Whether you're in the market to buy or sell, I promise to provide you with the special attention you deserve from a dedicated real estate professional. My approach is characterized by professionalism, patience, and unwavering loyalty to my clients, ensuring a seamless and satisfying real estate experience.
 

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