Property

Philadelphia, PA 19140 523 W Venango Street

523 W Venango Street Philadelphia, PA - Image 1523 W Venango Street Philadelphia, PA - Image 2523 W Venango Street Philadelphia, PA - Image 3
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523 W Venango Street Philadelphia, PA - Image 4523 W Venango Street Philadelphia, PA - Image 5523 W Venango Street Philadelphia, PA - Image 6523 W Venango Street Philadelphia, PA - Image 7523 W Venango Street Philadelphia, PA - Image 8523 W Venango Street Philadelphia, PA - Image 9523 W Venango Street Philadelphia, PA - Image 10523 W Venango Street Philadelphia, PA - Image 11523 W Venango Street Philadelphia, PA - Image 12523 W Venango Street Philadelphia, PA - Image 13523 W Venango Street Philadelphia, PA - Image 14
Presented By: Elfant Wissahickon-Rittenhouse Square
  • MLS# PAPH2559288
  • 11/13/2025
  • Request Tour
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  • Beds • 3
  • Garage • 3

Home Details

Love garages? Looking for a high-performing investment property with an impressive 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 featureequipped 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 propertys 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.
Presented By: Elfant Wissahickon-Rittenhouse Square

Interior Features for 523 W Venango Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementFull, Improved, Outside Entrance, Poured Concrete, Workshop
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Partially Carpeted, Vinyl
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas
Total Stories2

General for 523 W Venango Street

Acceptable FinancingCash, Conventional
Accessibility2+ Access Exits
Architectural StyleBack-to-Back, Contemporary
Cap Rate16.45
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsPlease use GPS
DisclosuresLead Based Paint - State, Prop Disclosure
Electric200+ Amp Service, Circuit Breakers
Exclusionsall tenants property
Garage Spaces3.00
Garage Y/NYes
Gross Income66900.00
HeatingBaseboard - Electric
Home Warranty Y/NNo
Lease TypeMonth to Month
Living Area3074
Lot Size Square Feet2066.00
Lot Size UnitsSquare Feet
MLS Area19140 (19140)
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnerPaysWater, Taxes - Real Estate
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG134.56
Property ConditionExcellent
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofFlat
School DistrictPHILADELPHIA CITY
SewerPublic Septic
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Subdivision NameNICETOWN-TIOGA
Tax Annual Amount3800.0
Tax Assessed Value379999.0
Tax Year2025
Total SQFT3074
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningRESIDENTIAL

Exterior for 523 W Venango Street

# of Attached Garage Spaces3
Foundation DetailsBrick/Mortar
Garage FeaturesGarage Door Opener, Garage - Front Entry, Additional Storage Area, Oversized
Inclusionsall appliances
Lot Dimensions21.00 x 100.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesLighted Parking, Heated, Private, Paved Driveway, Paved Parking
PoolNo Pool
SpaNo
Total Parking Spaces3
Type of ParkingOn Street, Attached Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $379,999
MLS#PAPH2559288
List Date 11/13/2025
Property Type Multi-Family
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