1540 W Tioga Street, Philadelphia, PA 19140-5049 $420,000
Interior Sq. Ft: 2,048
Acreage: 0.03
Age:85 years
Taxes: $945
Subdivision: Nicetown-Tioga
Design/Type:
Interior Row/Townhouse
Description
Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property, primarily built new in 2021, is situated in the highly sought-after neighborhood of Philadelphia just steps from Temple University Hospital. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases, as well as owner user capability utilizing the income from the additional units to offset expenses. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately seven years remaining on a tax abatement. The unit mix includes one (1) studio unit, one (1) 2-bedroom, 1-bathroom unit and one (1) 3-bedroom, 2-bathroom unit. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
None
Interior
Fully Finished Basement
Exterior
Concrete Perimeter Foundation, Masonry
Select a school from the following list. Schools are grouped by school type.
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (148 schools)
Public Middle (30 schools)
Public High (70 schools)
Private (122 schools)
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This report is a detailed community overview for Philadelphia (19140), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 37
- Average salary of people in this community: $29,707
Community Summary
- Population Density (ppl / mile): 16,926
- Household Size (ppl): 2.71
- Households w/ Children: 69%
Housing Inventory
- Owned: 9,443 (41.9%)
- Rented: 9,368 (41.6%)
- Vacant: 3,708 (16.5%)
- Total: 22,519
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 11.5%
- Some High School: 17.2%
- High School Graduate: 41.9%
- Some College: 16.6%
- Associate Degree: 4.2%
- Bachelor's Degree: 5.9%
- Graduate Degree: 2.7%
Income by dollar range
Median Income: $22,790
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $566
- One Bedroom: $698
- Two Bedroom: $868
- Three Bedroom: $962
- Four Bedroom: $950
© 2025 LiveBy. All Rights Reserved.
Contact Information
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or call me now at 302-545-2233
Listing Courtesy of: KW Empower , vicki@kwempower.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 1/08/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.