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sales rep | Brivity IDX

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62 N Farson St , Philadelphia, PA 19139
$150,000
Est. Payment: $810.33/mo
3 Bed
2 Bath
1248 Sqft
0.02 Acres
Status: active | Days on site: 133
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PPM&RLLC - 3311168
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House Description

Turnkey Section 8 Investment Opportunity | 62 N Farson Street, Philadelphia, PA 19139 Excellent opportunity to acquire a fully occupied, income-producing investment property in the heart of West Philadelphia. This 3-bedroom, 1.5-bathroom row home is currently rented through the Section 8 Housing Choice Voucher Program for $1,800 per month, providing dependable cash flow and strong rental demand. The property features a functional layout with three spacious bedrooms, one full bathroom, a convenient half bath, and comfortable living areas designed to attract and retain long-term tenants. With an established tenant already in place, investors can benefit from immediate income generation and avoid the costs and uncertainty associated with vacancy and lease-up. Strategically located in the Haddington neighborhood of West Philadelphia, the property offers convenient access to public transportation, major roadways, shopping, schools, and employment centers. Its proximity to Center City, University City, and numerous redevelopment projects throughout West Philadelphia continues to support strong rental demand and long-term investment potential. Property Highlights: • 3 Bedrooms, 1.5 Bathrooms • Tenant Occupied • Section 8 Rental Property • Current Rent: $1,800 Per Month • Annual Gross Income: $21,600 • Immediate Cash Flow • Strong West Philadelphia Rental Market • Convenient Access to SEPTA, Market Street, and Major Transportation Routes • Ideal Turnkey Investment Opportunity Whether you're adding to an established portfolio or seeking your first investment property, 62 N Farson Street offers stable income, reliable tenancy, and long-term appreciation potential in one of Philadelphia's most active rental markets. Contact listing agent for lease information, financial details, and showing instructions.

Highlights

Listed by Robert Stranix , 6103312027 Premier Property Management & Realty LLC , 6109247284. Bright MLS

Property Type

Townhome

Lot/Acreage
0.02

Year Built

1925

County

Philadelphia

Area

19139 (19139)

Neighborhood

None Available

School District

Philadelphia City

Listing ID

PAPH2640522

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:1
  • ▪ 1/2 Bathrooms:1
Above Ground Sq Ft:1248
Basement:Partially Finished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:15.00 x 52.00
Zoning:RSA5
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$810
Taxes
$128

Home Price

$150,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$30,000
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:
$810.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $810.33 $127.83 $0.00 $938.16
Yearly $9,723.91 $1,534.00 $0.00 $11,257.91
Total $291,717.35 $46,020.00 $0.00 $337,737.35
Lender profile image
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: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS