About This Home

This 0-bedroom, 0-bathroom multi-family at 422 E ALLEGHENY Avenue in Philadelphia, PA is listed for $199,999 ($101 per sqft). Built in 1930, the home offers 1,980 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1930
  • 0.02 acre lot

Property Details

1930
Listing Description

Turnkey investment opportunity at 422 E Allegheny Ave! This RM1-zoned triplex is priced at just $224,999 and offers immediate cash flow with additional upside, including potential space for a 4th unit. The property features three separately metered units: a first-floor 2-bedroom, 1-bath apartment currently rented month-to-month at $950, a second-fl

oor 2-bedroom, 1-bath apartment that is vacant and ready for a new tenant or owner-occupant, and a third-floor 1-bedroom, 1-bath apartment rented month-to-month at $700. With two units already producing income and one available for lease at market rent, this property provides flexibility and strong earning potential.

Separate utilities help keep expenses down, and the possibility to add another unit makes this a prime value-add opportunity. Conveniently located in an easy-commute area with a bus stop right on the corner, this property is ideal for tenants and owners alike. Whether you're a seasoned investor or just getting started, this property is ready to sell-schedule your showing and make your offer today!

Monthly Cost Estimate

$1,070/mo

20% down · 6.5% · 30 years

Principal$145
Interest$867
Insurance$58

Estimates only. Actual payments may vary.

Location

422 E ALLEGHENY Avenue

Philadelphia, PA 19134

KENSINGTON

Property Details

Construction

Block

Parking

On Street

Heating

Hot Water(Heating)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 422 E ALLEGHENY Avenue is listed at $199,999 ($101/sqft). The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.02 acre lot.

This property is listed by Aldo Torres.

AT

Aldo Torres

Agent at HomeStarr Realty

Listed by HomeStarr Realty · Broker phone: (215) 355-5565 · View on Broker Site · Broker website

MLS# PAPH2605496· Source: Bright MLS· 208 days on PropertySimple

Copyright © 2026 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.

422 E ALLEGHENY Avenue, Philadelphia, PA 19134

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