1628 W LEHIGH AVE, Philadelphia, PA 19132

• 6 beds |
• 3 baths |
• 1,929 sqft

Property Description

FULL 2025 GUT RENOVATION Rare 6-Bedroom, 3-Bath home delivering immediate income and zero rehab risk. This tenant occupied property combines new build quality with day one cash flow: tenant lease in place at $2,639/month, tenant pays all utilities and will yield $1000 in monthly cash flow! Every system and finish is brand new including electrical, plumbing, HVAC, roof, windows, flooring, and fixtures. The layout flows across three levels with spacious bedrooms, modern bathrooms, quartz counters and stainless steel appliances. The exterior has been completely refreshed with new paint, fencing, and a private rear patio for low-maintenance outdoor space. Located minutes from Temple University, major transit lines, and North Broad redevelopment corridors, this property offers stability and appreciation potential. Ideal for turnkey investors, house-hackers, or 1031 buyers seeking predictable yield and modern construction. At the current rent, this asset performs above local multifamily averages, a rare 6-bedroom renovated product under $400K with an 8%+ gross cap rate. Schedule your appointment today.

Listing Status:

Active

Listing Office:

Keller Williams Main Line : 6105200100

Listing Agent:

Starr Smith : 2672521455

MLS ID:

PAPH2555402

Interior

• Laundry: Has Laundry
• Basement: Fully finished
• A/C: Central A/C
• Heating: Baseboard - ElectricCentral
• Disability Feature: 2+ Access Exits

Exterior

• General: Above GradeBelow Grade
• Style: Straight Thru

Construction

• General: Masonry3Brick/Mortar

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA5161325800

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Starr Smith, Keller Williams Main Line