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1940 W Erie Ave , Philadelphia, PA 19140
$300,000
Est. Payment: $1,620.65/mo
4 Bed
2400 Sqft
0.04 Acres
Status: active | Days on site: 49
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55719 - 3186245
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Great Investment Opportunity on a Large Corner Property! Add this substantial corner property to your investment portfolio. Located at 1940 W. Erie Avenue, this approximately 2,400-square-foot property is currently configured as two 2-bedroom units and two studio units, offering investors the opportunity to explore its potential. Please note that the current configuration has been determined to be not a currently permitted use. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, and any required approvals. The property is being sold “as is.” Explore the possibilities and envision the potential this large corner property has to offer. Schedule your appointment today to see the potential 1940 W. Erie Avenue offers!
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Highlights

Listed by April M Scott-Street , 2672655401 Main Line Investors Group , 6104491919. Bright MLS

Property Type

Multi-Family
Lot/Acreage
0.04

Year Built

1915

County

Philadelphia

Area

19140 (19140)

 School District

Philadelphia City

Listing ID

PAPH2670162

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
Above Ground Sq Ft:2400
Basement:Full
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:16.00 x 113.00
Zoning:RSA5
Sewer:Public Sewer
Principal Interest
$1,621
Taxes
$247

Home Price

$300,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$60,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,620.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,620.65 $247.00 $0.00 $1,867.65
Yearly $19,447.82 $2,964.00 $0.00 $22,411.82
Total $583,434.69 $88,920.00 $0.00 $672,354.69
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T03:13:49.000Z

© 2026 Bright MLS