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762 E Madison St, Philadelphia, PA 19134

$135,000
: 3
BD
: 1
BA
: 1,110
SqFt

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List Price: $135,000
Status: ACTIVE
MLS#: PAPH2547720
Subtype: Residential
Style: A-Frame
Year Built: 1920
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Living Area: 1,110
Lot Size: 750
Acres: 0.02
Subdivision: Philadelphia
MLS Area Major: 19134 (19134)

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Property Description

Discover an excellent investment opportunity in one of Philadelphia’s fastest-growing neighborhoods. This 3-bedroom, 1-bath home is currently rented for $1,200 per month. Located in the evolving Kensington area - this property sits in a neighbourhood poised for continued revitalisation and growth, often compared to the early days of Fishtown’s transformation. While the home is not presently enrolled with the Philadelphia Housing Authority, it qualifies for Section 8 rental rates up to approximately $1,788 per month based on the 19134 ZIP code’s current payment schedule, reflecting a 30% increase from last year’s rates.

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Additional Information

Taxes: $918
Property Description: A-Frame
Zoning: RSA5
Heating: Electric Baseboard
Air Conditioning: None
Levels: Two
Foundation: Brick/Mortar
School District: Philadelphia City