1729 W Erie Ave

Highlights:

• Days on Market: 11
• Heating: Central

Description:

Turnkey 5-unit multifamily in North Philadelphia delivering stable, program-backed income from day one. Property is fully leased with rents paid by a third-party housing program that covers 100% of contract rents, reducing collection risk and supporting consistent cash flow. Practical layouts (4× 1BR + 1× studio) and straightforward systems make this an easy, low-friction hold for long-term investors. Well-situated near Broad Street transit, Temple University/Health System, neighborhood retail, and major bus routes—demand drivers that help sustain occupancy and minimize downtime. This asset suits buy-and-hold strategies focused on predictable returns and portfolio stability. Financials and rent roll available upon request. Available individually or as part of a three-property, 14-unit package with 3521 N 21st St and 2122 W Estaugh St.

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Listing ID: 804250510394