Patterson-Schwartz Real Estate2615 Latona Street, Philadelphia, PA 19146-3809 $539,000
Acreage: 0.01
Taxes: $1,612
Design/Type:
Interior Row/Townhouse
Description
An exceptional opportunity to own a legally zoned, new construction triplex in booming Grays Ferry/South Philadelphia. This property consists of two combined addresses—2615 and 2617 Latona Street—merged into one spacious legal triplex. This project is well underway — flooring installation has begun and will be completed by the current owner prior to sale. All prior inspections have passed, and the 10-year tax abatement is fully approved. The owner has HVAC and sprinkler in contract and will transfer to the new buyer. Property Breakdown: Unit 1: 4 bedrooms, spans the 1st floor and fully finished basement Unit 2: 2 bedrooms, smart layout ideal for long- or short-term rental Unit 3: 4 bedrooms, occupying the 3rd and 4th floors, full of natural light and skyline views Buyers have the rare advantage to step in and take over the contractor to finish the project according to their preferences or investment strategy. Perfect for investors seeking long-term cash flow or an owner-occupant looking to live in one unit and rent the others. Located on a quiet street with easy access to Center City, UPenn, CHOP, and I-76, this property checks all the boxes for a high-yield investment in one of Philly’s fastest-growing neighborhoods. Don’t miss this income-producing gem with major upside potential!
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Heating - None, None, None, None, Hot Water - None, Public Water, Public Sewer
Garage/Parking
None
Exterior
Concrete Perimeter Foundation, Fiberglass Roof, Brick Front Exterior, Concrete Exterior
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
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Public Elementary (122 schools)
Public Middle (18 schools)
Public High (56 schools)
Private (88 schools)
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This report is a detailed community overview for Philadelphia (19146), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 30
- Average salary of people in this community: $65,685
Community Summary
- Population Density (ppl / mile): 22,141
- Household Size (ppl): 2.26
- Households w/ Children: 35%
Housing Inventory
- Owned: 9,168 (45.4%)
- Rented: 8,032 (39.7%)
- Vacant: 3,011 (14.9%)
- Total: 20,211
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.6%
- Some High School: 5.4%
- High School Graduate: 22.9%
- Some College: 10.8%
- Associate Degree: 3.8%
- Bachelor's Degree: 26.7%
- Graduate Degree: 26.8%
Income by dollar range
Median Income: $69,305
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $978
- One Bedroom: $1,227
- Two Bedroom: $1,580
- Three Bedroom: $1,182
- Four Bedroom: $1,688
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-547-6598
Listing Courtesy of: Homelink Realty , (215) 535-0898, homelinkpa@usa.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 6/20/2025.
