See Home Value
$255,000
Townhouse - Off Market

1903 W MONTGOMERY AVE

PHILADELPHIA, PA 19121
bedrooms
Studio
bathrooms
0 Bath
$1,321
Estimated Monthly
$0
HOA / Fees

About This Property

Introducing 1903 W Montgomery Ave, a fantastic triplex that presents an excellent opportunity for new investors. This property, in its current state, is already highly desirable and rents easily, making it a reliable source of income from the start. However, what sets this triplex apart is its untapped potential for renovation and improved utilization, offering even greater returns for savvy investors.

Located near Temple University, this triplex enjoys a prime location in a vibrant and sought-after neighborhood. The area's popularity ensures a steady demand for housing, making it easy to find tenants and keep the units occupied throughout the year. As a new investor, you can dive right into the rental market with confidence, knowing that this property has a proven track record of attracting tenants.

While the triplex is already a lucrative investment opportunity, there is significant room for improvement and expansion. With a discerning eye and a touch of creativity, you can unlock the property's full potential and maximize its value. Renovating and optimizing the units can lead to increased rental income and attract a broader range of tenants, including those willing to pay a premium for modern, updated living spaces.

By making strategic renovations, such as updating appliances, refreshing the interior finishes, and reconfiguring the floor plans, you can transform this triplex into a contemporary oasis. The result will be enhanced tenant satisfaction, longer lease agreements, and the potential for higher rental rates.

Moreover, the surrounding neighborhood is ripe with opportunities for growth and development. As new construction projects continue to flourish in the area, investing in 1903 W Montgomery Ave becomes even more enticing. You can leverage this ongoing transformation to increase the property's value and reap the benefits of an expanding real estate market.

Buyer is responsible for due-diligence. Property sold as-is
Unit Size
-
Days on Market
109 days
Land Size
0.02 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
$194
HOA Dues
-
Year Built
1915
Last updated: 3 months ago (Bright MLS #PAPH2294970)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold $255,000
Sold
Nov 6, 2023 Listed by TCS Management, LLC $269,000
Listed by TCS Management, LLC

Property Highlights

Parking Details
Parking Features: On Street
Interior Details

Interior Information

Living Area Square Feet Source: Assessor

Basement Information

Has Basement
Unfinished


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
2 Baths
1,638 ft²
$162/ft²
$265,000 Jan 5, 2021
$265,000 Feb 26, 2021
-
Townhouse
5 Beds
4 Baths
2,220 ft²
$116/ft²
$256,900 Jun 22, 2020
$256,900 Aug 14, 2020
-
Townhouse
5 Beds
1 Bath
1,898 ft²
$108/ft²
$205,000 Feb 9, 2015
$205,000 Jun 2, 2015
-
Townhouse
4 Beds
2 Baths
1,866 ft²
$147/ft²
$275,000 Feb 19, 2021
$275,000 May 20, 2021
-
Townhouse
6 Beds
2 Baths
1,704 ft²
$138/ft²
$235,000 Oct 4, 2023
$235,000 Jan 23, 2024
-
Townhouse
5 Beds
5 Baths
1,530 ft²
$157/ft²
$240,000 May 23, 2023
$240,000 Aug 7, 2023
-
Multifamily
Stu
-
-
$285,000 Jul 25, 2023
-
-
Townhouse
1 Bed
3 Baths
824 ft²
$303/ft²
$250,000 Feb 21, 2024
-
-
Townhouse
3 Beds
2 Baths
1,590 ft²
$177/ft²
$281,500 Dec 22, 2023
-
-
Townhouse
6 Beds
2 Baths
1,898 ft²
$155/ft²
$295,000 Dec 22, 2023
-
-
Commercial
Loft
-
-
$274,900 Oct 17, 2023
-
-
Townhouse
4 Beds
2 Baths
1,800 ft²
$139/ft²
$249,900 Jan 7, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1903 West Montgomery Avenue 1903 West Montgomery Avenue, Philadelphia, PA 19121
More about this Building
1903 West Montgomery Avenue
Want to find out who owns 1903 West Montgomery Avenue, Philadelphia, PA 19121? Get detailed property transactions here .

About North Philadelphia


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