Turnkey Section 8 Investment Opportunity | 62 N Farson Street, Philadelphia, PA 19139 Excellent opportunity to acquire a fully occupied, income-producing investment property in the heart of West Philadelphia. This 3-bedroom, 1.5-bathroom row home is currently rented through the Section 8 Housing Choice Voucher Program for $1,800 per month, providing dependable cash flow and strong rental demand. The property features a functional layout with three spacious bedrooms, one full bathroom, a convenient half bath, and comfortable living areas designed to attract and retain long-term tenants. With an established tenant already in place, investors can benefit from immediate income generation and avoid the costs and uncertainty associated with vacancy and lease-up. Strategically located in the Haddington neighborhood of West Philadelphia, the property offers convenient access to public transportation, major roadways, shopping, schools, and employment centers. Its proximity to Center City, University City, and numerous redevelopment projects throughout West Philadelphia continues to support strong rental demand and long-term investment potential. Property Highlights: • 3 Bedrooms, 1.5 Bathrooms • Tenant Occupied • Section 8 Rental Property • Current Rent: $1,800 Per Month • Annual Gross Income: $21,600 • Immediate Cash Flow • Strong West Philadelphia Rental Market • Convenient Access to SEPTA, Market Street, and Major Transportation Routes • Ideal Turnkey Investment Opportunity Whether you're adding to an established portfolio or seeking your first investment property, 62 N Farson Street offers stable income, reliable tenancy, and long-term appreciation potential in one of Philadelphia's most active rental markets. Contact listing agent for lease information, financial details, and showing instructions.
For sale
Price cut: $14.5K (9/1)
$155,000
62 N Farson St, Philadelphia, PA 19139
3beds
1,248sqft
Townhouse
Built in 1925
773 Square Feet Lot
$153,400 Zestimate®
$124/sqft
$-- HOA
What's special
Three spacious bedroomsConvenient half bathFunctional layout
- 91 days
- 155
- 7
Zillow last checked:
Listing updated:
Listed by:
Robert Stranix 610-331-2027,
Premier Property Management & Realty LLC (610) 924-7284
Source: Bright MLS,MLS#: PAPH2640522
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,248
- Total interior livable area: 1,248 sqft
- Finished area above ground: 1,248
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 773 Square Feet
- Dimensions: 15.00 x 52.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 441076200
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Stone
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $109,600
- Annual tax amount: $1,534
- Date on market: 7/1/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$153,400
$146,000 - $161,000
$1,922/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $155,000-8.6%$124/sqft |
Source: | ||
| 8/3/2026 | Price change | $169,500-3.1%$136/sqft |
Source: | ||
| 7/1/2026 | Listed for sale | $175,000+75%$140/sqft |
Source: | ||
| 10/12/2021 | Sold | $100,000-9.9%$80/sqft |
Source: Public Record Report a problem | ||
| 6/16/2021 | Pending sale | $111,000$89/sqft |
Source: | ||
| 6/4/2021 | Listed for sale | $111,000+48%$89/sqft |
Source: | ||
| 4/28/2018 | Listing removed | $1,200$1/sqft |
Source: Onyx Management Group Report a problem | ||
| 4/17/2018 | Listed for rent | $1,200$1/sqft |
Source: Onyx Management Group Report a problem | ||
| 11/3/2017 | Sold | $75,000-11.8%$60/sqft |
Source: Public Record Report a problem | ||
| 9/8/2017 | Price change | $85,000-5.5%$68/sqft |
Source: RE/MAX Fine Homes #7049469 Report a problem | ||
| 8/12/2017 | Price change | $89,900-5.3%$72/sqft |
Source: RE/MAX Fine Homes #6987535 Report a problem | ||
| 5/22/2017 | Price change | $94,900-5%$76/sqft |
Source: RE/MAX Fine Homes #6987535 Report a problem | ||
| 3/29/2017 | Listed for sale | $99,900+122%$80/sqft |
Source: RE/MAX Fine Homes #6952493 Report a problem | ||
| 7/28/2016 | Sold | $45,000-16.5%$36/sqft |
Source: Public Record Report a problem | ||
| 3/12/2016 | Listing removed | $53,900$43/sqft |
Source: RE/MAX Services #6229260 Report a problem | ||
| 5/5/2014 | Listed for sale | $53,900$43/sqft |
Source: RE/MAX Services #6229260 Report a problem | ||
| 3/23/2014 | Listing removed | $53,900$43/sqft |
Source: RE/MAX Services #6229260 Report a problem | ||
| 6/5/2013 | Listed for sale | $53,900$43/sqft |
Source: RE/MAX Services #6229260 Report a problem | ||
| 10/21/2012 | Listing removed | $53,900$43/sqft |
Source: RE/MAX SERVICES #5937903 Report a problem | ||
| 8/24/2011 | Listed for sale | $53,900$43/sqft |
Source: RE/MAX SERVICES #5937903 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,534 +41.1% | $109,600 +41.1% |
| 2024 | $1,088 | $77,700 |
| 2023 | $1,088 +42.8% | $77,700 |
| 2022 | $761 | -- |
| 2021 | $761 +3.8% | -- |
| 2018 | $734 -87.6% | -- |
| 2017 | $5,921 +1549% | -- |
| 2016 | $359 -93.9% | -- |
| 2015 | $5,921 | -- |
| 2014 | $5,921 +80680.8% | $60,600 +902% |
| 2012 | $7 | $6,048 |
| 2011 | -- | $6,048 |
| 2010 | -- | $6,048 |
| 2009 | -- | $6,048 |
| 2008 | -- | $6,048 |
| 2007 | -- | $6,048 +7.4% |
| 2006 | -- | $5,632 |
| 2005 | -- | $5,632 |
| 2004 | -- | $5,632 |
| 2003 | -- | $5,632 |
| 2002 | -- | $5,632 +10% |
| 2000 | -- | $5,120 |
| 1999 | -- | $5,120 |
Find assessor info on the county website
Monthly payment
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