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711 W Thompson St , Philadelphia, PA 19122
$649,995
Est. Payment: $3,511.39/mo
6 Bed
3 Bath
3360 Sqft
0.03 Acres
Status: active | Days on site: 35
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OCFRLTY - 3224872
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House Description

**TURNKEY TRIPLEX IN OLDE KENSINGTON | COMPLETELY RENOVATED | SEPARATE UTILITIES | ADA ACCESSIBLE** Welcome to 711 W Thompson Street, a legally zoned triplex located in the heart of Olde Kensington, just one block from Girard Avenue and within walking distance of Northern Liberties. This exceptional 3-unit property offers approximately 3,400 square feet of living space and has been extensively renovated and rebuilt with functionality, quality, and long-term value in mind. The property was completely renovated and rebuilt in 2017 under the oversight of an architect (drawings and plans avail), and the seller has continued to invest in the property with a major 2026 renovation of the first- and second-floor units. Both units feature brand-new kitchens, bathrooms, HVAC systems, flooring, paint, doors and trim, plumbing, and electrical. The result is a truly move-in-ready property with the major work already completed. Each unit offers 2 bedrooms and 1 full bathroom, with each unit estimated to provide more than 1,000 square feet of living space. The first-floor unit is already wheelchair accessible and the property is ADA compliant, providing additional flexibility for an owner occupant or investor. Another major advantage is that the utilities are already separately metered, helping simplify management and significantly reducing the cost and complexity that can come with converting or separating utilities. Whether you're an investor looking to add a turnkey multifamily property to your portfolio or a first-time homeowner looking to live in one unit while generating rental income from the others, this property offers tremendous flexibility. With the renovations already completed, there is no need to take on a major rehab project. Bring your furniture, move in, and start enjoying the property. The location is equally impressive. Situated just one block from Girard Avenue, the property is within easy walking distance of Northern Liberties, public transportation, bus routes, and the Market-Frankford Line. Major roadways including I-76 and I-95 are also less than a five-minute drive away, providing convenient access throughout Philadelphia and the surrounding suburbs. This is your opportunity to acquire a renovated, income-producing multifamily property in one of Philadelphia's highly sought-after neighborhoods without the headaches and expense of a major renovation.

Highlights

Listed by Jahlil N Edwards , 2678082653 OCF Realty LLC - Philadelphia , 2157357368. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.03

Year Built

1900

County

Philadelphia

Area

19122 (19122)

Neighborhood

Olde Kensington

School District

Philadelphia City

Listing ID

PAPH2678550

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Range Hood, Oven/Range - Electric, Exhaust Fan, Washer, Water Heater, Negotiable
Air Cond:Central A/C
Fireplaces:
Floor:Engineered Wood,Hardwood,Wood
Above Ground Sq Ft:3360
Basement:Full,Unfinished,Sump Pump
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:Legally zoned triplex.
Roof:Flat
Others:
  • ▪ Additional:Excellent
Sewer:Public Septic
Parking Features:On Street
Principal Interest
$3,511
Taxes
$709

Home Price

$649,995

Loan Details

30 yrs
7.148%

Down Payment

20%
$129,999
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:
$3,511.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,511.39 $708.50 $0.00 $4,219.89
Yearly $42,136.63 $8,502.00 $0.00 $50,638.63
Total $1,264,098.78 $255,060.00 $0.00 $1,519,158.78
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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: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS