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2855 E Thompson St 3 Unit Apartment Building $587,000 ($195,667/Unit) Philadelphia, PA 19134
INVESTMENT HIGHLIGHTS
- Fully Occupied
- Variance in place
- 1,400 SF Attached Garage
EXECUTIVE SUMMARY
Welcome to 2855 E Thompson St, an exceptional multi-family property nestled in the heart of Port Richmond, Philadelphia. This investment gem comprises three meticulously maintained units, each designed to offer a perfect blend of comfort and modern living. The second-floor unit is an urban sanctuary, featuring two generously sized bedrooms and one bathroom. Recently refreshed with brand new flooring and boasting in-unit laundry, this space is ideal for both relaxation and entertainment. The open living area adds a contemporary flair, making it a versatile backdrop for daily living and social gatherings. The rear first-floor unit is equally impressive, offering a charming one-bedroom, one-bathroom apartment. It features a spacious combined living, dining, and kitchen area with newer flooring and ample closet space. The updated kitchen and bathroom ensure a convenient and comfortable living experience. The first-floor unit also mirrors the second-floor's appeal with its two bedrooms, one bathroom, and an open living space enhanced by new flooring and in-unit laundry. This unit invites relaxation and rejuvenation with its good-sized bedrooms and modern amenities. Adding significant value to this property is a 1,400/SF attached garage, providing ample storage or additional rental income potential. Currently, all three units are tenant-occupied, making this an immediate income-producing opportunity. Located in one of Philadelphia’s most sought-after neighborhoods, this property is a prime location and offers a vibrant community atmosphere and proximity to popular spots in Port Richmond, Fishtown, and Olde Kensington. Don’t miss out on this fantastic investment in a dynamic area with access to the best of Philadelphia.
PROPERTY FACTS
| Price | $587,000 | Building Class | C |
| Price Per Unit | $195,667 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 3,725 SF |
| No. Units | 3 | Average Occupancy | 66% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Townhome | Parking Ratio | 0.27/1,000 SF |
| Zoning | RSA5 - RSA5 | ||
| Price | $587,000 |
| Price Per Unit | $195,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,725 SF |
| Average Occupancy | 66% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 0.27/1,000 SF |
| Zoning | RSA5 - RSA5 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
- Basement
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 600 |
| 2+1 | 2 | - | 850 |
1 1
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (87)
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2855 E Thompson St
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