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$215,000
3 Beds ⋅ 1 Baths
Back on the market! Unlock immediate equity at 1342 S 46th St, a 3-bed, 1-bath rowhome approximately 75% through a full renovation. With a recent comp just two doors down (1346 S 46th St) selling for $385k, the math is undeniable for a fix-and-flip or high-yield rental. New Central Heating , modern LED recessed lighting throughout. New tiled kitchen flooring already installed. Location Highlights: Education & Jobs: Minutes from UPenn, Drexel, and University City—perfect for student housing or professional rentals. Transit: A "Walker’s Paradise" (Walk Score 92) with excellent transit and bike scores. Easy access to I-76 (Schuylkill Expy) for a quick commute to Center City or the suburbs. Schools: Conveniently located near Benjamin B. Comegys School (K-8) and Children’s Community School. Lifestyle: Steps from local gems like Bartram’s Garden, Clark Park, and the Baltimore Ave corridor’s dining scene. Terms: Strictly Cash, Hard Money, or Construction Loans. Sold As-Is.

1342 S 46th St, Philadelphia

Listing courtesy of EXP Realty, LLC. Contact: 8883977352
$589,000
5 Beds ⋅ 3 Baths
Currently a Triplex with RM-1 Zoning allowing you to change it back into your dream home single family or add an additional 2 units as multi-family. Seller Assist Available with approved offer. As a 1st time homeowner looking to house hack or a seasoned investor 5000 Florence Ave is ideal. Complete with a two-car garage that is perfectly suited for a future roof deck addition. With RM-1 zoning, the property allows for expansion of up to five units by right, offering a rare and valuable opportunity for both developers and investors. Currently the 3 units are rented below mark rate, two 2bed/1bath and one 1bed/1bath bringing in $48,000 annually. The home features a walk-out basement with shared laundry facilities and side yard garden, fire pit, and seating—ideal for entertaining on cozy fall nights. The building was owner occupied for more than 15 years always with a history of strong rental performance. Current rents remain under market, creating immediate upside for increased returns. Offered in As-Is condition, the property provides a blank canvas for repositioning, expansion, and long-term growth. Easy walking distance to UPenn and Drexel Universities as well as the Baltimore Avenue favorites like Carbon Copy, Mariposa C0-Op Grocery and Clark Park. Whether your goal is to elevate rental income or expand the building to maximize its potential, this triplex presents a rare chance to secure an asset in a highly desirable location. Don’t miss the opportunity to transform this property into a premier investment with exceptional promise.

5000 Florence Ave, Philadelphia

Listing courtesy of KW Empower. Contact: vicki@kwempower.com
$589,000
TriPlex. Seller Assist Available with approved offer. As a 1st time homeowner looking to house hack or a seasoned investor 5000 Florence Ave is ideal. Complete with a two-car garage that is perfectly suited for a future roof deck addition. With RM-1 zoning, the property allows for expansion of up to five units by right, offering a rare and valuable opportunity for both developers and investors. Currently the 3 units are rented under market value two -2bed/1bath and one 1bed/1bath bringing in $48,000 annually. The home features a walk-out basement with shared laundry facilities and side yard garden, fire pit, and seating—ideal for entertaining on cozy fall nights. The building was owner occupied for more than 15 years always with a history of strong rental performance. Current rents remain under market, creating immediate upside for increased returns. Offered in As-Is condition, the property provides a blank canvas for repositioning, expansion, and long-term growth. Easy walking distance to UPenn and Drexel Universities as well as the Baltimore Avenue favorites like Carbon Copy, Mariposa C0-Op Grocery and Clark Park. Whether your goal is to elevate rental income or expand the building to maximize its potential, this triplex presents a rare chance to secure an asset in a highly desirable location. Don’t miss the opportunity to transform this property into a premier investment with exceptional promise.

5000 Florence Ave, Philadelphia

Listing courtesy of KW Empower. Contact: vicki@kwempower.com