62 N Farson St, Philadelphia, PA 19139

$155,000
3
BD
2
BA
1,248
SqFt

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List Price
$155,000
Price Change
▼ $14,500 1788312366
Days on Market
78
Status
ACTIVE
MLS#
PAPH2640522
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,248
Lot Size (Acres)
0.02
Style
Other
Year Built
1925
County
Philadelphia
School District
Philadelphia City

Property Description

Turnkey Section 8 Investment Opportunity | 62 N Farson Street, Philadelphia, PA 19139 Excellent opportunity to acquire a fully occupied, income-producing investment property in the heart of West Philadelphia. This 3-bedroom, 1.5-bathroom row home is currently rented through the Section 8 Housing Choice Voucher Program for $1,800 per month, providing dependable cash flow and strong rental demand. The property features a functional layout with three spacious bedrooms, one full bathroom, a convenient half bath, and comfortable living areas designed to attract and retain long-term tenants. With an established tenant already in place, investors can benefit from immediate income generation and avoid the costs and uncertainty associated with vacancy and lease-up. Strategically located in the Haddington neighborhood of West Philadelphia, the property offers convenient access to public transportation, major roadways, shopping, schools, and employment centers. Its proximity to Center City, University City, and numerous redevelopment projects throughout West Philadelphia continues to support strong rental demand and long-term investment potential. Property Highlights: • 3 Bedrooms, 1.5 Bathrooms • Tenant Occupied • Section 8 Rental Property • Current Rent: $1,800 Per Month • Annual Gross Income: $21,600 • Immediate Cash Flow • Strong West Philadelphia Rental Market • Convenient Access to SEPTA, Market Street, and Major Transportation Routes • Ideal Turnkey Investment Opportunity Whether you're adding to an established portfolio or seeking your first investment property, 62 N Farson Street offers stable income, reliable tenancy, and long-term appreciation potential in one of Philadelphia's most active rental markets. Contact listing agent for lease information, financial details, and showing instructions.

Additional Information

Area
19139 (19139)
Subdivision
None Available
Taxes
$1534
School District
Philadelphia City
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Yes

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Listing courtesy of Premier Property Management & Realty LLC. Contact: (610) 924-7284