West Kensington Homes under $500,000

West Kensington Homes under $500,000

Welcome to West Kensington, a vibrant and evolving neighborhood nestled in the heart of Philadelphia, Pennsylvania. Known for its rich history and diverse community, West Kensington offers a unique blend of urban charm and suburban comfort, making it an ideal place for families, young professionals, and anyone looking to embrace the Philadelphia lifestyle.

One of the most appealing aspects of West Kensington is its affordability. With a selection of homes priced under $500,000, this neighborhood presents an incredible opportunity for first-time homebuyers and those looking to invest in real estate. These homes range from classic row houses to modern renovations, each offering character and potential. Imagine living in a beautifully restored property that echoes the historical charm of Philadelphia while being just moments away from the bustling city life.

In addition to its affordable housing options, West Kensington boasts a strong sense of community. Residents enjoy easy access to local parks, trendy cafes, and artisanal shops, fostering a warm neighborhood atmosphere. The area is also well-connected by public transportation, allowing for quick commutes to downtown Philadelphia and beyond.

Whether you’re drawn to the rich culture, the welcoming community, or the attractive home prices, West Kensington is a neighborhood that invites you to explore all it has to offer. Discover your dream home in this dynamic and promising part of Philadelphia, where affordability meets opportunity in a truly charming setting. Come and experience the vibrant lifestyle of West Kensington today!

Newest West Kensington Homes under $500,000

130 E Allegheny Ave, Philadelphia
$170,000
PAPH2666224 MLS
Here is the complete revised listing description with the stronger opening fully incorporated and the urgency carried through to the closing: 130 E. Allegheny Avenue | Legal Duplex | West Kensington VACANT LEGAL DUPLEX + VALUE-ADD POTENTIAL IN WEST KENSINGTON! Investors, landlords, and savvy owner-occupants—put 130 E. Allegheny Avenue on your must-see list. With two functional units, great bones, a full basement with additional potential, and no tenants to relocate, this property offers multiple paths to create value and generate rental income. Live in one unit and rent the other to help offset your housing expenses, renovate and hold for cash flow, or add it to your growing rental portfolio. Located in Philadelphia’s West Kensington section, this is the type of property where vision and improvements can unlock long-term potential. Bring your contractor, run your numbers, and schedule your showing before another buyer sees the opportunity! Great bones. Functional layout. Two units. Multiple possibilities. Add your finishing touches, maximize the available space, and position this property to potentially generate income for years to come. As you enter, the property features an enclosed front porch, offering the potential to create a convenient common-area laundry space for residents. UNIT 1 – FIRST FLOOR The first-floor unit features a living room, one-bedroom, full bathroom, and eat-in kitchen, along with exclusive access to the backyard and basement. The full basement extends the length of the property and offers good ceiling height with exciting value-add possibilities. Subject to applicable zoning, permits, and approvals, explore the potential to finish the basement with an additional bedroom and bathroom, while still leaving room for a home office, recreation area, or additional finished living space. UNIT 2 – SECOND FLOOR The second-floor unit features an eat-in kitchen, full bathroom, and two bedrooms, providing a functional layout with rental-income potential. LOCATION & CONVENIENCE Residents can enjoy convenient access to neighborhood amenities, with public transportation, supermarkets, pharmacies, stores, shops, restaurants, and other everyday conveniences within walking distance. RENTAL INCOME POTENTIAL Based on area market data, one-bedroom units may rent approximately $700–$1,100 per month, while two-bedroom units may rent approximately $950–$1,450 per month, depending on condition, finishes, amenities, and prevailing market conditions. Buyers should independently verify market rents and projected income. The property is VACANT and being sold strictly in AS-IS condition, allowing the next owner to get started without having to relocate existing tenants. TWO UNITS. MULTIPLE STRATEGIES. ONE OPPORTUNITY. LIVE IN ONE + RENT THE OTHER. RENOVATE + HOLD. BUILD YOUR PORTFOLIO. CREATE LONG-TERM INCOME. Whether you're searching for your next investment property or an owner-occupant opportunity that could help offset your monthly housing expenses, 130 E. Allegheny Avenue deserves your attention. Don't wait for someone else to recognize the potential first. Bring your contractor, bring your vision, run your numbers, and see firsthand what this legal duplex has to offer. Schedule your showing TODAY and submit your strongest offer. Opportunities with this combination of vacancy, legal duplex status, flexibility, and value-add potential are worth a closer look—make your move!

130 E Allegheny Ave, Philadelphia

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INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.

Listings courtesy of Pike Wayne Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.