3154 Reach St, Philadelphia, PA 19134
Local realty services provided by:ERA Central Realty Group
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:789 day(s) ago
- Updated:May 24, 2026 at 01:31 PM
Rooms and interior
- Bedrooms:3
- Flooring:Luxury Vinyl Plank
- Basement:Yes
- Basement Description:Unfinished
- 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
- Architectural Style:AirLite
- Construction Materials:Masonry
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$119,000
- Price per sq. ft.:$111.84
- Tax amount:$356 (2025)
Parking
- Parking description:On Street
New listings near 3154 Reach St
- New
$625,000Active4 beds 4 baths2,545 sq. ft.1341 N 29th St, PHILADELPHIA, PA 19121
MLS# PAPH2625532Listed by: NORTHWEST PROPERTY SOLUTIONS - Coming SoonOpen Sun, 1 to 3pm
$349,999Coming Soon3 beds 3 baths7621 Dorcas St, PHILADELPHIA, PA 19111
MLS# PAPH2625572Listed by: WHITE ACRE REALTY - New
$270,000Active4 beds 2 baths1,260 sq. ft.8023 Chelwynde Ave, PHILADELPHIA, PA 19153
MLS# PAPH2625574Listed by: KELLER WILLIAMS REAL ESTATE TRI-COUNTY - Coming Soon
$875,000Coming Soon5 beds 4 baths5301 Gainor Rd, PHILADELPHIA, PA 19131
MLS# PAPH2625582Listed by: KELLER WILLIAMS MAIN LINE - New
$139,500Active2 beds 1 baths728 sq. ft.3422 Crystal St, PHILADELPHIA, PA 19134
MLS# PAPH2625586Listed by: REALTY ONE GROUP FOCUS - New
$799,900Active3 beds 3 baths2,554 sq. ft.7111 Emlen St, PHILADELPHIA, PA 19119
MLS# PAPH2613608Listed by: KELLER WILLIAMS MAIN LINE - New
$650,000Active2 beds 2 baths1,376 sq. ft.112 N 2nd St #5d5, PHILADELPHIA, PA 19106
MLS# PAPH2625510Listed by: NATIONAL REALTY OLD CITY LLC - PA - New
$349,900Active-- beds -- baths1,539 sq. ft.2617 Emerald St, PHILADELPHIA, PA 19125
MLS# PAPH2625530Listed by: SOLO REAL ESTATE, INC. - New
$230,000Active3 beds 3 baths2,400 sq. ft.6521 Woodland Ave, PHILADELPHIA, PA 19142
MLS# PAPH2625556Listed by: EXIT ELEVATE REALTY - New
$129,000Active3 beds 1 baths1,140 sq. ft.808 E Hilton St, PHILADELPHIA, PA 19134
MLS# PAPH2625562Listed by: CENTURY 21 ADVANTAGE GOLD-CASTOR