Other
62 N FARSON STREET
PHILADELPHIA, PA 19139
MLS#: PAPH2640522
$175,000
Property
Beds
3
Full Baths
1
1/2 Baths
1
Year Built
1925
Sq.Footage
1,248
Turnkey Section 8 Investment Opportunity | 62 N Farson Street, Philadelphia, PA 19139 Excellent opportunity to acquire a fully occupied, income-producing investment property in the heart of West Philadelphia. This 3-bedroom, 1.5-bathroom row home is currently rented through the Section 8 Housing Choice Voucher Program for $1,800 per month, providing dependable cash flow and strong rental demand. The property features a functional layout with three spacious bedrooms, one full bathroom, a convenient half bath, and comfortable living areas designed to attract and retain long-term tenants. With an established tenant already in place, investors can benefit from immediate income generation and avoid the costs and uncertainty associated with vacancy and lease-up. Strategically located in the Haddington neighborhood of West Philadelphia, the property offers convenient access to public transportation, major roadways, shopping, schools, and employment centers. Its proximity to Center City, University City, and numerous redevelopment projects throughout West Philadelphia continues to support strong rental demand and long-term investment potential. Property Highlights: • 3 Bedrooms, 1.5 Bathrooms • Tenant Occupied • Section 8 Rental Property • Current Rent: $1,800 Per Month • Annual Gross Income: $21,600 • Immediate Cash Flow • Strong West Philadelphia Rental Market • Convenient Access to SEPTA, Market Street, and Major Transportation Routes • Ideal Turnkey Investment Opportunity Whether you're adding to an established portfolio or seeking your first investment property, 62 N Farson Street offers stable income, reliable tenancy, and long-term appreciation potential in one of Philadelphia's most active rental markets. Contact listing agent for lease information, financial details, and showing instructions.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Above Grade Finished Area
1248.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Lot Size(square feet)
773.0
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Other
Price
-
Sales Price
$175,000
-
Tax Amount
$1,534
-
Sq. Footage
1, 248
-
Price/SqFt
$140
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Stone
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
66
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Robert Stranix , Premier Property Management & Realty LLC
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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