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$460,000
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Property Description
High-Yield Turnkey Investment: 8-Unit Boarding House in Prime Port Richmond Excellent income-producing investment property featuring 7 rentable boarding units and one commercial unit in a convenient location with strong rental demand. The property offers individual furnished or unfurnished rooms, shared common areas, and a functional layout designed for efficient management and tenant comfort. This well-maintained building provides investors with multiple income streams and the potential for stable cash flow. Features include common areas, multiple bathrooms, on-site laundry access, and ample storage. Conveniently located near public transportation, shopping, employment centers, and major roadways, making it attractive to long-term tenants. Whether you're expanding your investment portfolio or seeking a turnkey income property, this 8-unit boarding house presents a unique opportunity with strong occupancy potential and upside for future growth. Buyer to conduct their own due diligence regarding zoning, licensing, and intended use.
Full Property Details
Full Property Details for 2617 E Allegheny Ave
General
- Sold For: $460,000
- Taxes: $3,971 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2640060
- Added to Site: 113 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 7
- Bedrooms Upper: 5
- Bedrooms-Up2: 3
- Bedrooms Main & Up: 2
Parking
- Parking Type: On Street
Location
- Area: 19134 (19134)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: PORT RICHMOND
- Cross Streets: Mercer
- Driving Directions: Please use GPS
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiant
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Dwelling w/Separate Living Area, Straight Thru, Unit/Flat, Other
- Structure Type: End of Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Full, Improved, Poured Concrete
- Foundation: Brick/Mortar
- Stories Description: Main, Upper 1, Upper 2
- Square Feet: 2,189
- Sq. Ft. Source: Assessor
- Living Area: 2,189 Sq. Ft.
- Finished Above Grnd: 2,189 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 1,008
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 64.00
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $228.41
- Assessment Year: 2026
- School Tax: $2,223
- City/TownTax: $1,747
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $283,700
- Tax Amount: $3,971
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2189
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 36
Listed by KW Empower, Bogumila Jochim-Zajac
Sold by BHHS Fox & Roach-Chestnut Hill, Seth J Lamb
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Schools
Schools serving 2617 E Allegheny Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Richmond School 2944 Belgrade Street, Philadelphia, PA 19134 | K-5 | 0.4 mi |
Kensington HS 2501 Coral Street, Philadelphia, PA 19125 | 9-12 | 1.3 mi |
Kensington Culinary Arts 2463 Emerald Street, Philadelphia, PA 19125 | 9-12 | 1.3 mi |
Kensington Creative & Performing Arts High School 1901 North Front Street, Philadelphia, PA 19122 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2617 E Allegheny Ave
Date
Details
Price
Change
Source
8/31/2026
Sold
$460,000
-8%
MLS
6/22/2026
Listed
$499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2617 E Allegheny Avenue, Philadelphia, PA 19134 (MLS# PAPH2640060) is a Townhouse property that was sold at $460,000 on August 31, 2026. Want to learn more about 2617 E Allegheny Avenue? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

