Investor Alert | Value-Add Opportunity in Upper Kensington – 3048 B Street Position yourself ahead of the curve in one of Philadelphia’s evolving corridors. Welcome to 3048 B Street—an opportunity-packed asset in the heart of Upper Kensington, ideal for investors, landlords, and savvy buyers ready to unlock serious upside. This property already offers strong fundamentals: an open front porch, a traditional main level layout with living room, dining area, and kitchen, plus a private rear yard. The full-length basement provides substantial square footage ready to be capitalized on, while the second-floor features two well-proportioned bedrooms and a full bathroom. Where this deal stands out is in its transformation potential: * Reimagine the basement into a full suite with a bathroom—ideal for added living space or income optimization * Reconfigure the second floor to support two bedrooms and two full bathrooms, increasing functionality and value * Open up the main level to create a modern, flowing layout with a redesigned kitchen that today’s buyers and tenants' demand For investors executing the BRRRR Method, this is a textbook acquisition—acquire below market, renovate strategically, stabilize, and refinance to recycle capital. For owner-occupants, this is a prime candidate for an FHA 203(k) Loan, allowing you to customize your home while building equity from day one. Located within the footprint of ongoing redevelopment momentum and benefiting from proximity to designated Opportunity Zones, this asset is strategically positioned to capitalize on long-term appreciation, favorable tax advantages, and continued neighborhood transformation. Key Highlights: * High-upside value-add opportunity * Strong layout with expansion and reconfiguration potential * Ideal for investors, landlords, and first-time buyers alike * Generational upside in a transforming neighborhood * 24-hour notice required for all showings Seller is highly motivated and will consider all serious offers. Opportunities like this—where numbers, location, and vision align—do not sit. Create your strategy, run your numbers, and act decisively. The goal here is clear: position yourself to capture appreciation, cash flow, and long-term equity. Schedule your showing and submit your offer—before someone else does.
133 days
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158
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14
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Zillow last checked:
Listing updated:
Listed by:
Nestor Colon215-200-1089,
Eliakim Realty Inc2676262398
Source: Bright MLS,MLS#: PAPH2605018
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Basement
Area: 0
Heating
Forced Air, Natural Gas
Cooling
None
Appliances
Included: Electric Water Heater
Features
Basement: Full
Has fireplace: No
Interior area
Total structure area: 980
Total interior livable area: 980 sqft
Finished area above ground: 980
Finished area below ground: 0
Property
Parking
Parking features: None
Accessibility
Accessibility features: None
Features
Levels: Two
Stories: 2
Pool features: None
Lot
Size: 756 Square Feet
Dimensions: 14.00 x 54.00
Details
Additional structures: Above Grade, Below Grade
Parcel number: 071399000
Zoning: RSA5
Special conditions: Standard
Construction
Type & style
Home type: Townhouse
Architectural style: Straight Thru
Property subtype: Townhouse
Materials
Masonry
Foundation: Concrete Perimeter
Condition
Average
New construction: No
Year built: 1920
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: Kensington
HOA
Has HOA: No
Location
Region: Philadelphia
Municipality: PHILADELPHIA
Financial & listing details
Price per square foot: $82/sqft
Tax assessed value: $72,500
Annual tax amount: $1,014
Date on market: 4/7/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA 203(k),Private Financing Available