2626 Island Avenue
Philadelphia, PA, 19153 $ 385,000
Bedrooms5 Baths0.0 Monthly Estimate*
$ 2,659
for $385,000 with 5 bedrooms. This home was built in 1975 on a lot size of 0.08.
Great Investment Opportunity! Whether you're looking to expand your investment portfolio or explore the potential to live in one unit while generating rental income, this property offers plenty of possibilities! Legally recognized as a duplex, the property is currently configured as three separate units, consisting of two 2-bedroom apartments and one 1-bedroom apartment. Buyers are encouraged to verify zoning and permitted use with the City of Philadelphia. Situated on a generously sized lot, the property features a side yard, private driveway, and convenient off-street parking. Renovated approximately three years ago, the property offers modern finishes and updates throughout, including kitchens with quartz and butcher block countertops, stylish backsplashes, white cabinetry, and stainless steel appliances. Additional highlights include recessed lighting, hardwood flooring, and updated bathrooms with modern tile finishes. Each unit features a separate entrance and water heater. All three units are currently tenant-occupied, with one tenant expected to vacate by December 1, 2026. Of the two remaining tenants, one is on a month-to-month lease, while the other has a lease extending through October 31, 2027. This arrangement offers potential flexibility for investors or buyers considering owner occupancy. Conveniently located just minutes from Philadelphia International Airport, Center City, and major highways, providing easy access to shopping, dining, and transportation. Listing photographs were taken approximately three years ago, following renovations, and may not reflect the property's exact current condition. The property remains in generally similar condition, with normal wear and tear from occupancy.
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FeaturesGeneralLiving Area 1884
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Zoning RM1
Architectural Style AirLite
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 1975
Property Subtype Duplex
Tax Year 2027
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility Other
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name PHILADELPHIA
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions 75th and Island Ave
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19153 (19153)
Lot Size Units Square Feet
Lot Size Square Feet 3632.00
Number of Units Leased 3
Tax Annual Amount 5985.0
Two Bedroom 2
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 204.35
Acceptable Financing Cash Conventional FHA VA
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Total Actual Rent 54900.00
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InteriorHeating Fuel Natural Gas
Basement Fully Finished
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street Driveway
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 40.00 x 90.00
Lot Size Acres 0.08
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByTesla Realty Group, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,659
- Monthly Property Taxes
- $499
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $541,196
Percent of Sale Price 41%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/6/2026 | $385,000 | | Listed Price |