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PRICE $299,900 dsIDX morgage calculator
SIZE 2,408 sqft
LOT SIZE 1,307 sqft

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2026, this exceptional triplex offers immediate cash flow. Currently generating $2,950 per month ($35,400 gross annual income), this income-producing property is an outstanding opportunity for investors seeking stable returns and long-term growth. The building consists of three residential units currently rented at: Unit 1: $1,050/month - First floor and basement 3 bed 3 bath Unit 2: $950/month - Second floor 2 bed 1 bath Unit 3: $950/month - 3rd floor 2 bed 1 bath Building just experienced a 7% increase in rental income from the 25/26 to the 26/27 leasing cycle. Located just minutes from Temple University, public transportation, restaurants, and neighborhood amenities, this property sits in a high-demand rental market with a proven history of strong occupancy. For investors seeking dependable income, this asset checks all the boxes. Offering an 8%+ cap rate, this is the type of opportunity savvy investors search for but rarely find. With stable income already in place, strong rental demand, and attractive returns from day one, this property delivers the combination of cash flow and value that is becoming increasingly difficult to find in today's market. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578 and PAPH2631596

DAYS ON MARKET 0 LAST UPDATED 6/11/2026
YEAR BUILT 1915 COMMUNITY 19121 (19121)
COUNTY PHILADELPHIA STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District PHILADELPHIA CITY


ADDITIONAL DETAILS
AIR Central Air, Electric
AIR CONDITIONING Yes
AREA 19121 (19121)
HEAT Electric, Forced Air
LOT 1307 sq ft
PARKING On Street
SEWER Septic Tank
TAXES 5581
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1718 W NORRIS STREET
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Listing provided by Keller Williams Realty Devon-Wayne

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