1628 W Lehigh Ave, PHILADELPHIA, PA

$379,000

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6

Beds

3

Baths

1,929

Square feet

0.02

Acres

About 1628 W Lehigh Ave

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.

Features of 1628 W Lehigh Ave

MLS® # PAPH2555402
Price $379,000
Bedrooms 6
Bathrooms 3.00
Full Baths 3
Square Footage 1,929
Acres 0.02
Year Built 1915
Type Residential
Sub-Type Detached
Style Straight Thru
Status Active

Community Information

Address 1628 W Lehigh Ave
Area 19132
Subdivision ALLEGHENY WEST
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19132

Amenities

Is Waterfront No

Interior

Heating Baseboard - Electric
Cooling Central A/C
Has Basement Yes
Basement Fully Finished
Fireplace No
# of Stories 3
Stories 3

Exterior

Foundation Brick/Mortar

School Information

District PHILADELPHIA CITY

Additional Information

Date Listed November 3rd, 2025
Days on Market 2
Zoning RSA5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Main Line
Contact Info6105200100

Listing Map

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