1622 E Passyunk Ave, Philadelphia, PA 19148

Local realty services provided by:ERA Martin Associates
1622 E Passyunk Ave,Philadelphia, PA 19148
$749,900
  • 5 Beds
  • - Baths
  • 2,484 sq. ft.
  • Multi-family
  • Active
Listed by:michael a esposito jr.
Office:alpha realty group
MLS#:PAPH2516846
Source:BRIGHTMLS

Price summary

  • Price:$749,900
  • Price per sq. ft.:$301.89

About this home

Amazing opportunity for an income producing multi unit building currently grossing roughly $50K (@5% Cap Rate) located in the heart of East Passyunk Ave! You cant go wrong with lots of sweat equity and potential for increased rents. On the Ave and centrally located to the singing fountain, Broad St Subway line and surrounded by restaurants, cafes, bars, shopping and much more. This property has all separate utilities and a functional layout! 1st flr. is tenant occupied thru 3/26 with private access to the rear yard and basement (w/ washer/dryer). Features a spacious living room and kitchen area with 1 large bedroom with walk-in closet and 1 hallway bathroom. 2nd flr. is occupied on month-month with 2 bedroom sand 1 bath. 3rd flr. will be vacant 8/1 with 2 Bedrooms, 1 Bathroom and balcony with amazing views.

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Home facts

  • Year built:1915
  • Listing ID #:PAPH2516846
  • Added:75 day(s) ago
  • Updated:September 29, 2025 at 01:35 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,484 sq. ft.

Heating and cooling

  • Cooling:Wall Unit
  • Heating:Baseboard - Hot Water, Natural Gas

Structure and exterior

  • Year built:1915
  • Building area:2,484 sq. ft.
  • Lot area:0.03 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$749,900
  • Price per sq. ft.:$301.89
  • Tax amount:$7,455 (2024)

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