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Photo of 206 W Allegheny Avenue, Philadelphia PA
206 W Allegheny Avenue
Kensington
Philadelphia, PA 19133
Bedrooms
4
Full Baths
3
Acres
0.02
Interior SqFt
1,504
Age
105
Heating
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
1,304
Additional Details Below

Description

This property offers a singular investment opportunity. It is currently being utilized as a rooming house on the second floor (featuring 3 good size bedrooms), and an apartment on the first floor. The property's RM-1 zoning designation signifies its location in a residential area specifically zoned for multi-family dwellings. The seller previously operated a barber shop on the first floor, a use that is still permissible and potentially lucrative. The first floor features seven barber chairs that can be rented out individually, providing a substantial source of cash flow. Additionally, there is another apartment situated at the rear of the first floor. While the building does not feature a kitchen, one can be easily installed. The basement boasts a separate entrance at the front of the building and has the potential to be transformed into an additional apartment. Utilities are separate, with the exception of water and gas. The prime location offers easy access to public transportation, shops, hospitals, and supermarkets. Buyers will be pleased with this exceptional opportunity. The property is currently leased to responsible, long-term tenants.

Location

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Listing Details

Summary
Architectural Type

Traditional

Interior Features
Basement

Unfinished, Brick/Mortar

Exterior Features
Exterior Features

Masonry

Utilities
Cooling

Window Unit(s), Electric

Heating

Baseboard - Electric, Natural Gas

Hot Water

Electric

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 93,200
Zoning: Rm1
Lattitude : 39.998863
Longitude : -75.133629
MLS# : PAPH2529122
Views : 9
Listing Courtesy: Roberto Morales of Keller Williams Real Estate Tri-County

Notes

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Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

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