Ludlow Real Estate

2 story, 1 bedroom, 1 bath condo located in Olde Kensington. 1st floor features living room and an eat in kitchen with brand-new stainless-steel appliances including dishwasher and microwave and granite countertops. Hardwood floors throughout, high ceilings, large windows and your very own oversize balcony. 2nd floor features, 1 bedroom with beautiful skylights, well sized closets and a full bath with ceramic tiles and a beautiful modern shower with glass doors and oversized soaking tub bathtub. This property is a great opportunity for either an investor or an owner-occupied, and the lease expires on October 31, 2027. Please note: The pictures shown were taken from previous listing and may not reflect the current condition or exact appearance . Please contact me for more details or to schedule an appointment to view the property.

1309 N 6th St Unit #2R, Philadelphia

Listing courtesy of Onyx Real Estate LLC. Contact: 2159530500

$349,900

3 Beds ⋅ 3 Baths

Welcome to 540 Edgley St, a beautifully designed newer construction home located in the rapidly developing Norris Square / Ludlow corridor of Philadelphia. This modern residence presents an exceptional opportunity for both homeowners and investors seeking strong long-term upside in one of the city’s most active growth markets. Surrounded by ongoing redevelopment, increasing rental demand, and continued neighborhood appreciation, the property is ideally positioned just minutes from Temple University, where the surrounding area continues to see consistent demand from students, young professionals, and renters seeking modern housing close to campus, transit, and Center City. Offering approximately 1,400 square feet of thoughtfully designed living space, the home features the flexibility for three full bedrooms, including a fully finished basement that can easily function as an additional bedroom suite with its own en-suite bathroom. The main living level features an open-concept layout with spacious living and dining areas flowing seamlessly into a modern chef’s kitchen, creating an ideal setup for both entertaining and everyday living. The property includes two full bathrooms and one half bathroom, along with custom closet solutions throughout the home for added functionality and convenience. Outdoor living is another standout feature, with both a private rear yard and a spacious roof deck perfect for entertaining, relaxing, or enjoying skyline views. Additional highlights include dual-zone HVAC systems for year-round comfort and ample nearby street parking. For investors, this property is especially attractive due to the new full 10-year tax abatement with a little over six years remaining, significantly reducing ownership expenses and enhancing overall cash flow potential. The property is currently occupied by a PHA-backed tenant paying $2,061 per month while also covering all utilities, providing stable, government-backed income with minimal landlord expense responsibility. Combined with strong rental demand driven by nearby Temple-area housing needs and continued investment throughout Norris Square and Ludlow, 540 Edgley St offers a rare opportunity to acquire a modern, low-maintenance asset positioned for long-term appreciation and stable rental performance in one of Philadelphia’s fastest-growing residential corridors.

540 Edgley St, Philadelphia

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005

$1,370,000

Philly CRE is pleased to present 1230 N Marshall Street, a newly constructed, fully occupied six-unit multifamily asset in the heart of Olde Kensington, just steps from Girard Avenue and moments from Fishtown and Northern Liberties. Built in 2024, this boutique property offers investors a rare opportunity to acquire a stabilized, low-maintenance asset with high in-place income and long-term appreciation potential in one of Philadelphia’s fastest-growing corridors. The property is ideally positioned within walking distance to Girard Station on the Market-Frankford Line and surrounded by multiple SEPTA bus routes along Girard Avenue, providing seamless access to Center City, University City, and beyond. Residents benefit from a highly walkable location with immediate access to the vibrant dining, retail, and nightlife scenes of Olde Kensington, Fishtown, and Northern Liberties, driving consistent rental demand from young professionals. The unit mix includes two studio units, three one-bedroom units, and one two-bedroom, two-bathroom unit, all thoughtfully designed with modern layouts that maximize efficiency and tenant appeal. Unlike many competing multifamily assets in the area, the property is fully occupied with strong in-place market-rate tenancy and no PHA-backed leases, offering investors a traditional private-pay tenant profile with significant long-term rental upside and flexibility. Constructed with high-end finishes throughout, each unit features modern kitchens, updated bathrooms, and well-proportioned layouts tailored to today’s renter. All units are separately metered and equipped with individual mechanical systems, allowing for streamlined management and reduced landlord expenses, and each unit includes an in-unit washer and dryer to further enhance tenant convenience and retention. Further strengthening the investment profile, the property benefits from its original full ten-year tax abatement with approximately eight years remaining, significantly reducing operating expenses and boosting overall returns. At the current asking price of $1,370,000, the asset delivers a 7.08 percent cap rate, a 4.99 percent cash-on-cash return, and a DSCR of 1.21 based on in-place income, with an NOI of $97,049 and projected annual cash flow after debt of $17,077, positioning investors for immediate yield with additional upside as rents continue to grow in this evolving submarket. Located within a Qualified Opportunity Zone, 1230 N Marshall Street may also provide additional tax advantages for investors focused on long-term wealth creation. This is an exceptional opportunity to acquire a turnkey, income-producing asset in one of Philadelphia’s strongest and fastest-appreciating rental markets.

1230 N Marshall St, Philadelphia

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005

$1,370,000

Philly CRE is pleased to present 1230 N Marshall Street, a newly constructed, fully occupied six-unit multifamily asset in the heart of Olde Kensington, just steps from Girard Avenue and moments from Fishtown and Northern Liberties. Built in 2024, this boutique property offers investors a rare opportunity to acquire a stabilized, low-maintenance asset with high in-place income and long-term appreciation potential in one of Philadelphia’s fastest-growing corridors. The property is ideally positioned within walking distance to Girard Station on the Market-Frankford Line and surrounded by multiple SEPTA bus routes along Girard Avenue, providing seamless access to Center City, University City, and beyond. Residents benefit from a highly walkable location with immediate access to the vibrant dining, retail, and nightlife scenes of Olde Kensington, Fishtown, and Northern Liberties, driving consistent rental demand from young professionals. The unit mix includes two studio units, three one-bedroom units, and one two-bedroom, two-bathroom unit, all thoughtfully designed with modern layouts that maximize efficiency and tenant appeal. Unlike many competing multifamily assets in the area, the property is fully occupied with strong in-place market-rate tenancy and no PHA-backed leases, offering investors a traditional private-pay tenant profile with significant long-term rental upside and flexibility. Constructed with high-end finishes throughout, each unit features modern kitchens, updated bathrooms, and well-proportioned layouts tailored to today’s renter. All units are separately metered and equipped with individual mechanical systems, allowing for streamlined management and reduced landlord expenses, and each unit includes an in-unit washer and dryer to further enhance tenant convenience and retention. Further strengthening the investment profile, the property benefits from its original full ten-year tax abatement with approximately eight years remaining, significantly reducing operating expenses and boosting overall returns. At the current asking price of $1,370,000, the asset delivers a 7.08 percent cap rate, a 4.99 percent cash-on-cash return, and a DSCR of 1.21 based on in-place income, with an NOI of $97,049 and projected annual cash flow after debt of $17,077, positioning investors for immediate yield with additional upside as rents continue to grow in this evolving submarket. Located within a Qualified Opportunity Zone, 1230 N Marshall Street may also provide additional tax advantages for investors focused on long-term wealth creation. This is an exceptional opportunity to acquire a turnkey, income-producing asset in one of Philadelphia’s strongest and fastest-appreciating rental markets.

1230 N Marshall St, Philadelphia

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005

$350,000

2 Beds ⋅ 2 Baths

Experience modern city living at its finest in this stunning luxury condo located just minutes from Fishtown and Northern Liberties. Enjoy easy access to some of North Philadelphia’s best restaurants, cafés, and shops right at your doorstep. This beautifully designed residence features an open-concept floor plan filled with natural light, showcasing a gorgeous wrap-around kitchen that flows effortlessly into a spacious living area, perfect for entertaining or relaxing at home. The gourmet kitchen offers sleek cabinetry, a breakfast bar, and high-end finishes throughout. Upstairs, you’ll find two large bedrooms with generous closets and two modern full baths with designer details. Additional highlights include 9-foot ceilings, oversized windows, in-unit laundry, and access to a private backyard.

1407 N 8th St Unit #A1, Philadelphia

Listing courtesy of Elite Realty Group Unl. Inc.. Contact: 2153284800

$775,000

Welcome to 1325 N Franklin Street — a true gem in the heart of Ludlow / Olde Kensington, one of Philadelphia’s most desirable and fast-growing neighborhoods! This quadruplex offers an incredible blend of comfort, income potential, and long-term appreciation surrounded by million-dollar new construction and vibrant city life. Step inside to discover four spacious units that all feel like home. The first-floor unit spans the full length of the property and features 3 bedrooms, 2 full baths, and a bright, open layout that feels more like a single-family home. Upstairs, you’ll find two stylish 2-bedroom, 1-bath units and a unique bi-level 2-bedroom, 2-bath unit that faces the front of the building (currently the only unit rented for $1,600/month)—each filled with natural light, high ceilings, and warm character. All units feature granite countertops, central air, and separate utilities, ensuring easy management and modern comfort. The basement provides shared laundry and even has the potential to be converted into another unit or studio space—offering even more upside for the savvy investor. The property recently received new star bolts, ensuring long-term structural security and peace of mind. Here’s where it gets exciting: this property has incredible income potential, with market rents in this zip code reaching approximately $2,850/month for the 3-bedroom and $2,350/month for the 2-bedrooms — a potential $9,900 per month in gross rental income! Two tenants are currently below market, giving the next owner a golden opportunity to maximize cash flow or add value through updates. Whether you’re looking to live in one unit and let the others pay your mortgage, operate as an Airbnb, or even convert into individual condos (with nearby units selling for $300K+ each), the possibilities here are limitless. Located minutes from Temple University, Northern Liberties, Fishtown, and Center City, 1325 N Franklin offers the best of both worlds—urban accessibility and a neighborhood vibe that continues to rise in value. Walk to local favorites like ReAnimator Coffee, Laser Wolf, and Stateside Vodka, or hop on public transportation for an easy city commute to Center City, Northern Liberties or Fishtown. With strong rental demand, long-term appreciation, and multiple exit strategies, 1325 N Franklin St is more than a property—it’s an opportunity to create wealth, stability, and freedom.

1325 N Franklin St, Philadelphia

Listing courtesy of Real of Pennsylvania. Contact: 8554500442

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