2942 French St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:ERA Reed Realty, Inc.
2942 French St,Philadelphia, PA 19121
$64,900
  • 2 Beds
  • 1 Baths
  • 812 sq. ft.
  • Single family
  • Pending
Listed by: kevin m mcgillicuddy
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2618914
Source:BRIGHTMLS

Price summary

  • Price:$64,900
  • Price per sq. ft.:$79.93

About this home

Decent cash-flow opportunity from this 2BR Strawberry Mansion property. Investment opportunity for those looking to build equity. Currently tenant-occupied at $850/mo with a solid payment history. Tenants are settled and would prefer to stay but there is flexibility lease is currently month-to-month. Overall the property could would benefit from some sweat equity and cosmetic updates, the "bones" have seen recent attention, including a newer water heater, forced air heat, some window replacements and an updated electric panel. At this price point, the CAP rate is hard to ignore. Keep the steady cash flow as-is, or renovate over time to maximize market rents and forced appreciation. Ample notice required for all showings.

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Home facts

  • Year built:1900
  • Listing ID #:PAPH2618914
  • Added:46 day(s) ago
  • Updated:June 23, 2026 at 08:24 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:812 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Flat
  • Year built:1900
  • Building area:812 sq. ft.
  • Lot Features:Urban
  • Architectural Style:Straight Thru, Traditional
  • Construction Materials:Masonry
  • Foundation Description:Stone
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$64,900
  • Price per sq. ft.:$79.93
  • Tax amount:$1,080 (2026)

Features and amenities

  • Laundry features:Hookup

Parking

  • Parking description:On Street

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