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Key Facts

Type Triplex
Levels Residential Income
Size 3074 sqft
Garage Yes
Taxes $1,383
Days Active 1
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $130
MLS® Number PAPH2540810

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Love garages? Looking for a high-performing investment property with an impressive 16.45% cap rate and reliable tenants? Welcome to 523 W Venango Avenue. This pristine corner triplex with three garages showcases the care and attention the owner has invested. Each unit has been thoughtfully updated with modern kitchens, new flooring, renovated bathrooms, and electric baseboard heating. The building offers a mix of one studio, one two-bedroom, and one one-bedroom apartment. The garages are a standout feature—equipped with electric roll-up doors, heating, excellent overhead lighting, and extra storage space, plus a bonus upstairs mini office with AC and heat. The basement has been set up as a workshop, adding even more versatility to the property. Recent upgrades highlight the property’s turnkey condition, including a new roof installed in 2022, four new water heaters added in 2023, 100-amp service for each apartment, replacement windows throughout, and current lead testing. This is a rare opportunity to own a fully upgraded property with strong income, modern improvements, and unique features that set it apart. Close to Temple and Temple Hospital, close to several bus line and stores for tenants within walking distance.Show Description
MLS® NumberPAPH2540810
Laundry Level
Central VacNo
FireplaceNo
Acreage0.05
Exterior
GarageYes
Approx. Age1925
BasementFull, Improved, Outside Entrance, Poured Concrete, Workshop
DrivewayLighted Parking, Heated, Private, Paved Driveway, Paved Parking, On Street, Attached Garage
Garage Spaces
HeatBaseboard - Electric, Electric
A/CWindow Unit(s)
Heating Fuel

Extras

all appliances

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