Philadelphia Homes under $700,000

Philadelphia Homes under $700,000

Welcome to Philadelphia, a city where rich history meets vibrant culture and modern living! Known as the "City of Brotherly Love," Philadelphia boasts a diverse array of neighborhoods, each with its own unique charm and character. From the iconic Liberty Bell to the bustling streets of South Street, this city offers an unparalleled blend of history, art, and culinary delights.

For those seeking a home in this dynamic city, you’ll be delighted to know that there are fantastic options available under $700,000. Whether you’re a first-time homebuyer, a growing family, or looking to invest, Philadelphia's real estate market offers a variety of properties that cater to different lifestyles and preferences. You can find charming row homes in historic districts, modern condos with stunning city views, or spacious single-family homes in family-friendly neighborhoods.

Living in Philadelphia means enjoying a rich tapestry of experiences. Take a stroll through Fairmount Park, savor a cheesesteak at a local eatery, or immerse yourself in the arts at the Philadelphia Museum of Art. With excellent schools, vibrant community events, and a robust public transportation system, Philadelphia is not just a place to live; it’s a place to thrive.

Explore the possibilities of calling this remarkable city home. With homes under $700,000, your dream of living in Philadelphia is closer than you think. Discover the neighborhoods, embrace the culture, and find the perfect property that fits your lifestyle in this enchanting city!

Newest Philadelphia Homes under $700,000

4225 Filbert St, Philadelphia
$265,000
2 Beds ⋅ 1 Baths
We are pleased to present a turnkey, fully leased investment opportunity in the highly desirable University City section of Philadelphia on a cul de sac street. This purpose-built young professional housing building comprises of 1 unit with 2 bedrooms and 1 bathroom. Currently generating about $1,850 in monthly rental income with low expenses and maintenance, this investment boasts a 5.7% cap rate. This property has always been 100% leased with 0% vacancy and is leased until the end of the school year 2027. This property has primarily attracted grad students from both Drexel and UPenn, medical staff and young professionals working in the local hospitals. The building has been impeccably maintained, and everything is up to date. The generously sized units feature high-end finishes, including a premium kitchen and bathroom fixtures. These attributes make the properties highly competitive compared to nearby options, ensuring that it will be easy to rent for years to come. Additional amenities include in-unit laundry, high ceilings, large closets, luxury vinyl flooring, quartz countertops with stainless steel appliances, rooftop decks with skyline views, outdoor backyards, roof deck and more. This investment represents a tremendous opportunity to acquire strong-performing, never-vacant, and low-maintenance asset in a well-known, walkable, and bike-friendly neighborhood experiencing significant growth and expansion with major projects underway featuring over 33 million square feet of lab, residential, institutional, office, and public space in the pipeline at major developments like uCity Square and Schuylkill Yards, plus individual projects throughout the district.(ask us for more details on this). Conveniently located within walking distance to world-class universities, medical facilities, 30th Street Station, and the Art Museum, these properties also offer easy access to local highways. The Owner and Manager had built this property and maintained it to keep for many years.

4225 Filbert St, Philadelphia

Listing courtesy of Main Line Executive Realty. Contact:

313 Green St, Philadelphia
$650,000
Welcome to 313 Green Street, a well-maintained triplex in the heart of Northern Liberties! Featuring three one-bedroom, one-bathroom apartments, each with its own washer and dryer, this property offers a fantastic opportunity for an owner-occupant or investor. The first-floor apartment is ideal for someone looking to live in one unit while collecting rental income from the two apartments above. This unit features a bonus room perfect for a home office, basement access, and a private rear patio with outdoor space for entertaining or relaxing. Another exciting feature is the potential for off-street parking, a highly desirable amenity in Northern Liberties. A documented rear easement provides vehicular access from N. Galloway Street, which neighboring properties already utilize for parking. The rear patio offers the possibility of conversion to a private parking space, giving an owner-occupant the convenience of dedicated parking or an investor the opportunity to generate additional monthly rental income by leasing the space separately. Any conversion or rental use would be subject to buyer verification and applicable approvals. Enjoy a neighborhood known for its proximity to dining, and entertainment. Explore the restaurants and boutiques along 2nd Street, grab brunch at Honey's Sit 'N Eat, visit the shops and events at The Piazza, enjoy an evening at North Bowl or Standard Tap, or spend time outdoors at Liberty Lands. With convenient access to the Spring Garden SEPTA station, Center City, Old City, and major highways, the location offers the best of city living. Whether you're looking for a home with rental income to help offset your expenses or a multifamily investment with additional income potential in one of Philadelphia's most desirable neighborhoods, 313 Green Street is an opportunity worth exploring. Schedule your showing today!

313 Green St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

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