3154 Reach St, Philadelphia, PA 19134
Local realty services provided by:CENTURY 21 Advantage Gold
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:768 day(s) ago
- Updated:May 03, 2026 at 01:36 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
- Coming Soon
$575,000Coming Soon3 beds 4 baths606 E Durham St, PHILADELPHIA, PA 19119
MLS# PAPH2613816Listed by: ELFANT WISSAHICKON-CHESTNUT HILL - New
$267,000Active5 beds -- baths1,743 sq. ft.1730 N 25th St, PHILADELPHIA, PA 19121
MLS# PAPH2614992Listed by: FRANKLIN INVESTMENT REALTY - New
$695,000Active4 beds 4 baths3,450 sq. ft.2324 Reed St, PHILADELPHIA, PA 19146
MLS# PAPH2616286Listed by: PA REALTYWORKS LLC - Coming Soon
$248,000Coming Soon3 beds 2 baths3432 Shelmire Ave, PHILADELPHIA, PA 19136
MLS# PAPH2613434Listed by: REALTY MARK ASSOCIATES - New
$224,900Active3 beds 2 baths1,320 sq. ft.534 W Huntingdon St, PHILADELPHIA, PA 19133
MLS# PAPH2614806Listed by: KELLER WILLIAMS MAIN LINE - New
$145,500Active3 beds 2 baths1,330 sq. ft.5431 N 11th St, PHILADELPHIA, PA 19141
MLS# PAPH2614990Listed by: BHHS FOX & ROACH-HAVERFORD - New
$559,900Active3 beds 3 baths1,953 sq. ft.324 Queen St #b, PHILADELPHIA, PA 19147
MLS# PAPH2615522Listed by: RE/MAX CENTRAL - BLUE BELL - New
$450,000Active5 beds 3 baths2,386 sq. ft.1422 W Tioga St, PHILADELPHIA, PA 19140
MLS# PAPH2615770Listed by: REALTY ONE GROUP FOCUS - New
$119,900Active3 beds 4 baths1,290 sq. ft.314 N Robinson St, PHILADELPHIA, PA 19139
MLS# PAPH2615872Listed by: RE/MAX PRIME REAL ESTATE - New
$180,000Active3 beds 1 baths2,208 sq. ft.4931 N Uber St, PHILADELPHIA, PA 19141
MLS# PAPH2615924Listed by: REALTY ONE GROUP FOCUS