3154 Reach St, Philadelphia, PA 19134
Local realty services provided by:ERA OakCrest Realty, Inc.
3154 Reach St,Philadelphia, PA 19134
$119,000
- 3 Beds
- - Baths
- 1,064 sq. ft.
- Multi-family
- Active
Listed by: minh nguyen-rivera
Office: kw empower
MLS#:PAPH2464362
Source:BRIGHTMLS
Price summary
- Price:$119,000
- Price per sq. ft.:$111.84
About this home
It is my distinguished honor to present to you Kensington Quarters, located in the Heart of Kensington, close to Fishtown, Norris Square, Olde Kensington, and other subsections of the Riverwards along the Delaware River. Situated at the intersecting sections between Kensington Ave, Lehigh Ave, & E. Allegheny Ave, this 2 unit duplex nestled in between public transportation infrastructure, medical institutions, new construction, and commercial mixed use corridors with a multitude of amenities. Both units are occupied and current on rent payments. The pro-forma and other financial analysis are available for review. The lease agreements are annual leases and we project rental income could be increased.
Unit 1 [1st Floor]: 1 Bed | 1 Bath: $800/month |
Unit 2 [2nd Floor]: 2 Bed/1 Bath: $800/month
CAPITALIZATION RATE: Kensington Quarters has a capitalization rate of 14.75% with current rental income of $1,600 per month.
PACKAGE DEAL: This property is to be SOLD separately or together in a package deal with the 2 properties:
(1) 531 E. Indiana Ave, 5 Unit Building listed for $335,000.
(2) 626 E. Allegheney AVe., 2 Unit Building listed for $169,000.
The portfolio includes 9 units in 3 buildings FOR SALE.
Together, there are 9 units in 3 buildings for sale. DEVELOPMENT: There are major development projects occurring nearby, including commercial mixed use corridor revitalization of Kensington Ave, which has commercial storefronts underneath the Blue Train line. There are also block developments of major projects that range from 15 unit development to 200 unit development nearby. Investors also acquire shells, factories, storage facilities, warehouses, and other industrial hubs that have laid vacant since the Industrial Revolution of Philadelphia and transform these buildings into multi-unit dwellings and apartment complexes. The combination of public transportation infrastructure meets commercial mixed use corridors allow for tenants to access amenities that makes this multi-unit building a highly desirable and easy to rent building. Projects such as the Hagert Block development, Kensington Courts, Allegheny Ave. commercial development, and other major projects will lead the way to a new Kensington.
QUALIFIED OPPORTUNITY ZONE: This property is located within a Qualified Opportunity Zone, allowing investor capital gains tax advantages, which will exacerbate development and investments in these areas. Additional features include: - Easy Parking - Close to trolley, bus stops, the thoroughfares, L Blue Train - Multicultural cuisine & food establishment - Close proximity to Fishtown, Norris Square, Olde Kensington, Port Richmond, and other subsections of the Riverwards. Invest in the City of Brotherly Love & Sisterly Affection, from monstrous skyscrapers, to the stadiums, to the Delaware River, & surrounding landscape of the great City of Philadelphia. The property is close to trolley and bus stops, and less than 10 minutes from the Philadelphia International Airport. and close to multi-modal public transportation, 1-95 highway, and highways to New Jersey and other parts of the Tri-State Counties. We thank you for your consideration and we look forward to doing business with you. We will ensure a professional and respectful transaction for all parties and we wish you luck in the search for your new home in the City of Brotherly Love & Sisterly Affection.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:PAPH2464362
- Added:699 day(s) ago
- Updated:February 23, 2026 at 02:42 PM
Rooms and interior
- Bedrooms:3
- Living area:1,064 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Flat, Rubber
- Year built:1920
- Building area:1,064 sq. ft.
- Lot area:0.02 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$119,000
- Price per sq. ft.:$111.84
- Tax amount:$356 (2025)
New listings near 3154 Reach St
- Open Sun, 1 to 3pmNew
$300,000Active2 beds 2 baths900 sq. ft.11916 Covert, PHILADELPHIA, PA 19154
MLS# PAPH2586630Listed by: RE/MAX CENTRE REALTORS - New
$189,900Active3 beds 1 baths984 sq. ft.2050 Margaret St, PHILADELPHIA, PA 19124
MLS# PAPH2586698Listed by: BETTER HOMES REGIONAL REALTY - New
$79,900Active0.18 Acres4589 Silverwood St, PHILADELPHIA, PA 19127
MLS# PAPH2586714Listed by: FIFTH REALTY
$100,000Pending2 beds 2 baths1,356 sq. ft.2615 N 31st St, PHILADELPHIA, PA 19132
MLS# PAPH2572436Listed by: DIVERSIFIED REALTY SOLUTIONS
$315,000Pending3 beds -- baths1,678 sq. ft.2727 Rhawn St, PHILADELPHIA, PA 19152
MLS# PAPH2586664Listed by: DAN REAL ESTATE, INC.- Coming Soon
$242,000Coming Soon4 beds 2 baths1624 Edgley St, PHILADELPHIA, PA 19121
MLS# PAPH2568444Listed by: REALTY MARK CITYSCAPE - Coming SoonOpen Sat, 11am to 1pm
$324,900Coming Soon4 beds 2 baths4135 Rhawn St, PHILADELPHIA, PA 19136
MLS# PAPH2582830Listed by: HOMESTARR REALTY - Coming Soon
$95,900Coming Soon3 beds 2 baths1310 S Divinity St, PHILADELPHIA, PA 19143
MLS# PAPH2585160Listed by: EPIQUE REALTY - Coming Soon
$125,000Coming Soon3 beds 1 baths1241 S Bucknell St, PHILADELPHIA, PA 19146
MLS# PAPH2586498Listed by: KW EMPOWER - New
$164,900Active2 beds 3 baths1,104 sq. ft.1918 Page St, PHILADELPHIA, PA 19121
MLS# PAPH2586636Listed by: HOMESMART REALTY ADVISORS