1628 W LEHIGH AVE new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19132
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,929 sqft
Price per Sqft $196
Subdivision Allegheny West
MLS Listing ID PAPH2555402
Style Straight Thru
Bedrooms 6
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 1,929
Year Built 1915
Annual Tax Amount $957
Tax Year 2025
Lot Size 1,038 Sqft
Acres 0.02
Lot Dimensions 15.00 x 70.00
Property Sub-Type Detached
Source BRIGHT
Property Description
FULL 2025 GUT RENOVATION Rare 6-Bedroom, 3-Bath home delivering immediate income and zero rehab risk. This tenant occupied property combines new build quality with day one cash flow: tenant lease in place at $2,639/month, tenant pays all utilities and will yield $1000 in monthly cash flow!
Every system and finish is brand new including electrical, plumbing, HVAC, roof, windows, flooring, and fixtures. The layout flows across three levels with spacious bedrooms, modern bathrooms, quartz counters and stainless steel appliances. The exterior has been completely refreshed with new paint, fencing, and a private rear patio for low-maintenance outdoor space.
Located minutes from Temple University, major transit lines, and North Broad redevelopment corridors, this property offers stability and appreciation potential. Ideal for turnkey investors, house-hackers, or 1031 buyers seeking predictable yield and modern construction.
At the current rent, this asset performs above local multifamily averages, a rare 6-bedroom renovated product under $400K with an 8%+ gross cap rate. Schedule your appointment today.
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RSA5
Rooms
Basement Fully Finished
Main Level Bedrooms 6
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Fireplace N
Heat Source Central
Laundry Has Laundry
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Story 3
Foundation Brick/Mortar
Above Ground Finished SqFt 1929
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 3
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Pets Allowed N
Senior Community No
Tax ID 161325800
Ownership Fee Simple
SqFt Source 1929
Special Listing Condition Standard