2315 PIERCE ST Philadelphia, PA 19145 New

UPDATED: 03/12/2026 03:44 PM ON MARKET: 5 days on market

$245,000

3 Beds1 Bath670 Sqft Lot

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision Newbold

MLS Listing ID PAPH2593280

Style Traditional

Bedrooms 3

Full Baths 1

HOA Y/N N

Year Built 1925

Annual Tax Amount $831

Tax Year 2018

Lot Size 670 Sqft

Acres 0.02

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Turnkey 3-Property Investment Portfolio – $56,880 Annual Income

Rare opportunity to acquire a cash-flowing 3-property rental portfolio in Philadelphia featuring 2315 Pierce St, 2235 E Ann St, and 2271 E Cambria St. The seller prefers to sell all three properties together for $675,000, creating an ideal opportunity for investors looking to acquire multiple performing assets in one transaction.

The portfolio is currently fully occupied with long-term tenants and generates $56,880 annually in rental income, providing immediate and stable cash flow from day one.

All three homes have been updated with renovated kitchens and bathrooms, including modern cabinetry, updated fixtures, and refreshed finishes that appeal to today's renters while helping minimize near-term capital expenditures. These improvements make the portfolio a true turnkey investment requiring minimal upfront work.

Properties with existing tenants, recent upgrades, and stable income are increasingly difficult to find in Philadelphia, making this an attractive acquisition for both local and out-of-area investors seeking reliable cash flow.

2315 Pierce St is being offered individually at $245,000, however the seller strongly prefers a portfolio sale including:

• 2315 Pierce St
• 2235 E Ann St
• 2271 E Cambria St

Portfolio Price: $675,000

Investor-friendly opportunity with potential for future rental increases as leases renew.

Whether you are expanding an existing rental portfolio or entering the Philadelphia market, this offering provides immediate income, updated properties, and long-term tenant stability in a single acquisition.