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.
For sale
$80,000
3048 B St, Philadelphia, PA 19134
2beds
980sqft
Townhouse
Built in 1920
756 Square Feet Lot
$-- Zestimate®
$82/sqft
$-- HOA
What's special
- 86 days |
- 190 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Nestor Colon 215-200-1089,
Eliakim Realty Inc 2676262398
Source: Bright MLS,MLS#: PAPH2605018
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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
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,248/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Listed for sale | $80,000-20%$82/sqft |
Source: | ||
| 1/22/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/24/2025 | Listed for sale | $100,000+566.7%$102/sqft |
Source: Owner Report a problem | ||
| 1/17/1995 | Sold | $15,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,015 +10.9% | $72,500 +10.9% |
| 2024 | $915 | $65,400 |
| 2023 | $915 +161.6% | $65,400 |
| 2022 | $350 | -- |
| 2021 | $350 -23.8% | -- |
| 2018 | $459 | -- |
| 2017 | $459 -26.6% | -- |
| 2016 | $626 | -- |
| 2015 | $626 | -- |
| 2014 | $626 -4.1% | $48,700 +1629.4% |
| 2012 | $653 | $2,816 |
| 2011 | -- | $2,816 |
| 2010 | -- | $2,816 |
| 2009 | -- | $2,816 |
| 2008 | -- | $2,816 |
| 2007 | -- | $2,816 +7.3% |
| 2006 | -- | $2,624 |
| 2005 | -- | $2,624 |
| 2004 | -- | $2,624 +13.9% |
| 2003 | -- | $2,304 -39.5% |
| 2002 | -- | $3,808 |
| 2000 | -- | $3,808 +40% |
| 1999 | -- | $2,720 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Upper Kensington
Nearby schools
GreatSchools rating
- 6/10John B Stetson Middle SchoolGrades: 5-8Distance: 0.2 mi
- 3/10Edison Hs/Fareira SkillsGrades: 9-12Distance: 1.1 mi
- 3/10Elkin Lewis SchoolGrades: K-4Distance: 0.3 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local lender can help you make sure your offer is ready when you are.





