523 W Venango St Philadelphia, PA 19140
Franklinville NeighborhoodEstimated payment $2,492/month
About This Home
Investor Alert! Prime Turnkey Multifamily Package in North Philadelphia – $9,300 Monthly Rental Income Two fully occupied buildings offered together for a rare income-producing opportunity in a rapidly growing area. Located at 521 & 523 W Venango Street, this investment package includes 11 total residential units + 2 garage spaces, with a current monthly rental income of $9,300 and potential upside. 521 W Venango features 6 residential units: five studio apartments and one 1-bedroom unit, all occupied and generating consistent cash flow. 523 W Venango includes 5 units: one 2-bedroom, one 1-bedroom, and one studio apartment, plus two garages—a three-car garage currently rented and a vacant one-car garage ready to lease or use for owner storage. All tenants are in place and paying rent, making this an ideal opportunity for investors seeking immediate income in a high-demand rental market. Conveniently located near major transit, Temple Health System, and local amenities. Don't miss this chance to own a stable, cash-flowing asset in North Philadelphia!
Listing Agent
(856) 449-0718 abachmannrealtor@gmail.com OCF Realty LLC - Philadelphia License #2444615 Listed on: 06/19/2025
Co-Listing Agent
(609) 451-6637 saraknowshomes@gmail.com OCF Realty LLC - Margate License #1753253
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,383
Year Built
- Built in 1925
Lot Details
- 2,066 Sq Ft Lot
- Lot Dimensions are 21.00 x 100.00
Parking
- On-Street Parking
Home Design
- 2,824 Sq Ft Home
- Back-to-Back Home
- Brick Foundation
- Masonry
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Cooling System Mounted In Outer Wall Opening
- Natural Gas Water Heater
- Public Septic
Community Details
- 3 Units
- 2-Story Building
Listing and Financial Details
- Tax Lot 67
- Assessor Parcel Number 884349175
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $883 | $98,800 | $29,640 | $69,160 |
| 2024 | $883 | $98,800 | $29,640 | $69,160 |
| 2023 | $883 | $63,100 | $12,620 | $50,480 |
| 2022 | $841 | $63,100 | $12,620 | $50,480 |
| 2021 | $841 | $0 | $0 | $0 |
| 2020 | $841 | $0 | $0 | $0 |
| 2019 | $837 | $0 | $0 | $0 |
| 2018 | $813 | $0 | $0 | $0 |
| 2017 | $505 | $0 | $0 | $0 |
| 2016 | $505 | $0 | $0 | $0 |
| 2015 | $484 | $0 | $0 | $0 |
| 2014 | -- | $36,100 | $4,100 | $32,000 |
| 2012 | -- | $2,816 | $560 | $2,256 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2025 06/19/25 | For Sale | $450,000 | -- | $159 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $8,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,000 | Commercial |
Source: Bright MLS
MLS Number: PAPH2496646
APN: 884349175
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