Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1850
Sq.Footage
1,940
Positioned on a prime block of Lombard Street in Center City West, this RM-1 zoned triplex presents a standout opportunity for investors seeking long-term value in one of Philadelphia’s most established and consistently in-demand neighborhoods. Surrounded by acclaimed dining, shopping, cultural destinations, and major employment centers, the location continues to support strong rental demand and enduring market appeal. The property is configured as three units. The first-floor one-bedroom apartment offers direct access to the basement, where a washer and dryer are located. The kitchen area is partially in place and ready for completion, with a stove, refrigerator, and cabinets already present, providing a solid framework for future improvements. The rear second-floor one-bedroom unit is currently occupied on a month-to-month lease paying $1,000 per month. The front bi-level unit spanning the second and third floors features two bedrooms and offers flexibility for modernization and value enhancement. This property is an excellent candidate for an investor with vision, offering the opportunity to update and elevate the units over time while capitalizing on a premier Center City West location. With multi-family zoning, an established triplex layout, and strong neighborhood fundamentals, this building would be a wonderful addition to an investment portfolio whether your strategy is renovation, repositioning, or a long-term hold.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
1940.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Gas
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Victorian
Price
-
Sales Price
$580,000
-
Tax Amount
11548.0
-
Zoning
Residential Multi-family
-
Sq. Footage
1, 940
-
Price/SqFt
$298
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Other
-
Sewer
Public Sewer
-
Tax Lot
7049
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Deidre M Quinn , EXP Realty, LLC
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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