$400,000

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523 W Venango Street Philadelphia, PA, United States 19140

Love garages? Looking for a high-performing investment property with an impressive 16.45% cap rate and reliable tenants? Welcome to 523 W Venango Avenue. This pristine corner triplex with three garages showcases the care and attention the owner has invested. Each unit has been thoughtfully updated with modern kitchens, new flooring, renovated bathrooms, and electric baseboard heating. The building offers a mix of one studio, one two-bedroom, and one one-bedroom apartment. The garages are a standout featureequipped with electric roll-up doors, heating, excellent overhead lighting, and extra storage space, plus a bonus upstairs mini office with AC and heat. The basement has been set up as a workshop, adding even more versatility to the property. Recent upgrades highlight the propertys turnkey condition, including a new roof installed in 2022, four new water heaters added in 2023, 100-amp service for each apartment, replacement windows throughout, and current lead testing. This is a rare opportunity to own a fully upgraded property with strong income, modern improvements, and unique features that set it apart. Close to Temple and Temple Hospital, close to several bus line and stores for tenants within walking distance.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: Contemporary
  • Year Built: 1925
  • Built in 1925
  • Home size: 3,074 ft2 / 285.58 m2
  • MLS: PAPH2540810
  • Status: Active
Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Elfant Wissahickon Realtors

(215) 247-3600

Get more listing details on brokerage site

Presented by Kate Vail

  • (215) 893-9920
  • (215) 893-9920 (Office Phone)

Contact Kate Vail

Contact Agent

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