3154 Reach St, Philadelphia, PA 19134
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
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:611 day(s) ago
- Updated:November 27, 2025 at 02:35 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
- New
$335,000Active6 beds 3 baths1,484 sq. ft.3502 Grant Ave, PHILADELPHIA, PA 19114
MLS# PAPH2563178Listed by: REALTY 365 - New
$374,900Active5 beds -- baths1,856 sq. ft.1411 W Loudon St, PHILADELPHIA, PA 19141
MLS# PAPH2563182Listed by: REALTY MARK ASSOCIATES - Coming Soon
$310,000Coming Soon1 beds 1 baths426 S 44th St #2, PHILADELPHIA, PA 19104
MLS# PAPH2563170Listed by: COMPASS PENNSYLVANIA, LLC - Coming Soon
$549,000Coming Soon4 beds 3 baths708 Hoffnagle St, PHILADELPHIA, PA 19111
MLS# PAPH2563172Listed by: BETTER HOMES REALTY GROUP - Coming Soon
$460,000Coming Soon3 beds 3 baths426 S 44th St #1, PHILADELPHIA, PA 19104
MLS# PAPH2563174Listed by: COMPASS PENNSYLVANIA, LLC - Coming Soon
$259,999Coming Soon4 beds 3 baths2453 Turner St, PHILADELPHIA, PA 19121
MLS# PAPH2563162Listed by: OCF REALTY LLC - PHILADELPHIA - New
$99,900Active3 beds 1 baths964 sq. ft.1638 W Victoria St, PHILADELPHIA, PA 19140
MLS# PAPH2563164Listed by: GENSTONE REALTY - New
$125,000Active3 beds 1 baths1,420 sq. ft.418 W Mentor St, PHILADELPHIA, PA 19120
MLS# PAPH2562798Listed by: DIVERSIFIED REALTY SOLUTIONS - New
$459,900Active10 beds 3 baths3,690 sq. ft.902 S 47th St, PHILADELPHIA, PA 19143
MLS# PAPH2563072Listed by: GIRALDO REAL ESTATE GROUP - Coming Soon
$2,335,000Coming Soon5 beds 6 baths706 Latona St #a, PHILADELPHIA, PA 19147
MLS# PAPH2563094Listed by: ELFANT WISSAHICKON-RITTENHOUSE SQUARE
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.