About this property

Welcome to 1809 W. Venango Street a beautifully updated 6-unit apartment building in the heart of Tioga/Nicetown, just steps from Broad Street and public transportation. This versatile property features three spacious 1-bedroom units and three efficient studio apartments, offering strong rental potential for any investor. Each unit boasts modern flooring throughout, updated kitchens with shaker-style white cabinets, countertops, and tiled backsplash, renovated tiled bathrooms, recessed lighting and ceiling fans for added comfort. The first-floor rear unit offers direct access to a small backyard, perfect for tenants seeking a little outdoor space. The building is equipped with a fire alarm system, separate meters for the 1-bedroom units, and utilities included for the efficiencies - providing a simplified management experience. Currently, five of the six units are vacant, with one 1-bedroom unit rented for $950/month, leaving immediate upside for the next owner to lease at market rates. Located near public transportation, schools, and local parks, this is a fantastic opportunity to own a turn-key multi-unit property in a high-demand rental area. Whether you’re a seasoned investor or looking to start your portfolio, this property is a must-see. Schedule your showing today and take the next step toward building generational wealth!

Features and Additional Information