2617 E Allegheny Avenue • Philadelphia, PA 19134

$499,999 Beds: 7 • Baths: 3 full • Sq. Feet: 2189 • MLS ID: PAPH2640060 • Subdivision: PORT RICHMOND • School Dist: PHILADELPHIA CITY
High-Yield Turnkey Investment: 8-Unit Boarding House in Prime Port Richmond Excellent income-producing investment property featuring 7 rentable boarding units and one commercial unit in a convenient location with strong rental demand. The property offers individual furnished or unfurnished rooms, shared common areas, and a functional layout designed for efficient management and tenant comfort. This well-maintained building provides investors with multiple income streams and the potential for stable cash flow. Features include common areas, multiple bathrooms, on-site laundry access, and ample storage. Conveniently located near public transportation, shopping, employment centers, and major roadways, making it attractive to long-term tenants. Whether you're expanding your investment portfolio or seeking a turnkey income property, this 8-unit boarding house presents a unique opportunity with strong occupancy potential and upside for future growth. Buyer to conduct their own due diligence regarding zoning, licensing, and intended use. View this listing at: http://www.gretchenraad.com/mls=PAPH2640060

Property Features

  • Taxes: $3,971
  • Basement: Yes
  • Exterior: Masonry
  • Lot Size: 0.02 Acres
  • Lot Dimensions: 0.02 Acre(S)
  • Heating: Radiant
  • Fuel Type: Natural Gas
  • Cooling: Window Unit(s)
  • Year Built: 1920
  • Water: Public
  • Sewer: Public Sewer
  • Stories: 3.0
  • Municipality: PHILADELPHIA
  • Additional Structures: Above Grade,Below Grade
  • Structure Type: End of Row/Townhouse
  • Basement: Full,Improved,Poured Concrete
  • SQFT Total Finished: 2189
  • SQFT Above Finished: 2189

School Information

  • School District: PHILADELPHIA CITY
Printed June 24, 2026


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Agent License Information: 
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Gretchen Raad 

215 S. Centerville Road, Lancaster, PA 17603
717-393-0100