1226 W Westmoreland Street Philadelphia, PA $ 255,000
1226 W Westmoreland Street
$ 255,000
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1226 W Westmoreland Street

Philadelphia, PA, 19140
$ 255,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 1,570

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Multi-Family Home for sale in Philadelphia, PA

for $255,000 with 3 bedrooms. This home was built in 1935 on a lot size of 0.02.

This is the kind of deal that pencils from day one! A fully renovated 2-unit duplex with serrate utilities steps from Temple University Hospital, available for a quick close with no tenants to navigate and no waiting period to get to work. Lower floors a one bedroom one bath with basement access and a backyard. The upper unit has two bedrooms one bath and ready for tenants the moment you close. Each unit has hardwood, fully renovated kitchen, bath and washer/dryer in each unit. At $255,000 with one unit renting at $995/month and the other at $1,200/month, you're looking at approximately $2,195/month in gross rent and a cap rate in the 810% range. The location does the heavy lifting. Temple University Hospital is just 0.2 miles away a four-minute walk which means your tenant pool includes hospital staff, residents, medical students, and university employees year-round. That's not a seasonal renter market. Temple University Hospital 0.2 miles (4-min walk) Temple University Main Campus under 0.5 miles Lewis Katz School of Medicine at Temple minutes away Broad Street Line (Allegheny Station) 0.3 miles Wagner Free Institute of Science nearby The Broad Street Line gives tenants direct access to Center City without a car, which is a significant leasing advantage in this price range.That's stable, professional demand with consistent turnover and reliable income. and RM-1 zoning supports the multifamily use and there is a current active rental license. Seller can close quickly. Building is vacant. No lease-up delay, no inherited tenants, no complications. Just a straightforward acquisition and a property ready to perform.

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Multi-Family Active

Price

$ 255,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 3,449

Style

Contemporary

Lot Size

0.02

Year Built

1935

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2611008

Features
General
Living Area 2208
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Immediate
Roof Flat
Zoning RM1
Architectural Style Contemporary
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1935
Electric 200+ Amp Service
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Please use GPS
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19140 (19140)
Lot Size Units Square Feet
Lot Size Square Feet 1059.00
Number of Units Leased 0
Tax Annual Amount 3449.0
Property Condition Excellent
Two Bedroom 1
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 115.49
Acceptable Financing Conventional Cash VA
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type None
Standard Status Active
Year Built Source Assessor
Tax Lot 144
Total Actual Rent 26340.00
Cap Rate 9.00
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Interior
Heating Fuel Natural Gas
Basement Daylight Partial Improved Interior Access Windows
Flooring Hardwood
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Inclusions all appliances
Type of Parking On Street
Foundation Details Stone Brick/Mortar
Water View Y/N N
Lot Dimensions 19.00 x 57.00
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1226
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* Excluded Features
List By
Elfant Wissahickon-Rittenhouse Square

Broker

katevail@ewrhomes.com

Email

Affordability Calculator

$1,857
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,570
Monthly Property Taxes
$287
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$255,000 Listed Price

Map


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1226 W Westmoreland Street, Philadelphia, PA, 19140 is a Multi-Family Home for sale at $255,000 with a lot size of 0.02. 1226 W Westmoreland Street has 3 bedrooms, 0.0 baths, and was built in 1935. The property's zip code is 19140 which is in Philadelphia, PA