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Located at 257 E Elkhart Street, Philadelphia, Pennsylvania 19134, Kensington neighborhood, this Townhouse is for Sale with a price of $85,000 USD. The property was built in 1920, includes 3 bedrooms, has 1 full baths. This listing has 924 Sq.Ft. of interior space on a lot of .01 Acres. See all Homes for Sale in Kensington.
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13. 257 E Elkhart Street
1. 257 E Elkhart Street
2. 257 E Elkhart Street
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PhiladelphiaKensington257 E Elkhart Street

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Description

257 E Elkhart Street,

Philadelphia, PA 19134

Portfolio Sale!! This is a portfolio sale featuring two tenant-occupied properties being sold AS-IS for $165,000. Both tenants are on month-to-month leases, giving the buyer flexibility to either keep the tenants for steady rental income or deliver the properties vacant at settlement. This package includes 3402 Tampa St (2-bed, 1-bath, 728 sqft) and 257 E Elkhart St (3-bed, 1-bath, 924 sqft). Together, they generate $18,600 annually, with tenants covering all utilities. "3402 Tampa St": $8,400/year, "257 E Elkhart St": $10,200/year. Both tenants have a reliable payment history, offering immediate cash flow with room for rent adjustments to align with market rates. Situated in the Kensington-Port Richmond area, these properties benefit from their proximity to grocery stores, public transportation, and major highways such as I-95 and Aramingo Ave. The surrounding neighborhood is gaining momentum, driven by development and growth spilling over from popular areas like Fishtown and Northern Liberties. This creates strong demand for rentals, ensuring a stable tenant pool and future appreciation potential. The homes are located within walking distance of restaurants, markets, and local shops, adding to the areas appeal. Both properties are currently rented below market value, offering an excellent value-add opportunity for investors. Options include raising rents, repositioning the properties, or enrolling in Section 8 housing programs. This package provides long-term cash flow with minimal upfront effort and offers a pathway to higher returns through strategic updates. Whether youre looking to hold and rent or add value through improvements, this portfolio is a solid investment in a promising Philadelphia neighborhood.

This is an Active listing.

Broker Office Phone Number: 215-218-0939

Copyright © 2025Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Wall or Window Air Conditioner(s)
Listing By: Target Realty via Data Source: Bright MLS 
3
Bedrooms
1
Full Bath
$85,000
price
$92
Price Per Sqft
$744
Annual taxes
Townhouse
Property type
1920
Year Built
Philadelphia City
School District
Philadelphia City
School District
philadelphia-city-sd-philadelphia-pa
Schools
5385910
Web Id
PAPH2428314
MLS ID
217
Days Posted

Price History

datepricevariancetype
12/22/2024$85,000 5.55 %decreased
11/5/2024$89,990 0.01 %decreased
10/9/2024$90,000 5.26 %decreased
7/15/2024$95,000-Listed
listing agent: Sean Lin
more info
924 Sq Ft.
interior
0.01 Acres
Exterior
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    257 E Elkhart Street
    Kensington, Philadelphia, PA 19134

    $85,000
    3 bd1 ba