For Sale Triplex MLS# PAPH2678550

711 W THOMPSON ST

PHILADELPHIA, PA 19122

$675,000

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About 711 W THOMPSON ST

**TURNKEY TRIPLEX IN OLDE KENSINGTON | COMPLETELY RENOVATED | SEPARATE UTILITIES | ADA ACCESSIBLE**

Welcome to 711 W Thompson Street, a legally zoned triplex located in the heart of Olde Kensington, just one block from Girard Avenue and within walking distance of Northern Liberties. This exceptional 3-unit property offers approximately 3,400 square feet of living space and has been extensively renovated and rebuilt with functionality, quality, and long-term value in mind.

The property was completely renovated and rebuilt in 2017 under the oversight of an architect (drawings and plans avail), and the seller has continued to invest in the property with a major 2026 renovation of the first- and second-floor units. Both units feature brand-new kitchens, bathrooms, HVAC systems, flooring, paint, doors and trim, plumbing, and electrical. The result is a truly move-in-ready property with the major work already completed.

Each unit offers 2 bedrooms and 1 full bathroom, with each unit estimated to provide more than 1,000 square feet of living space. The first-floor unit is already wheelchair accessible and the property is ADA compliant, providing additional flexibility for an owner occupant or investor.

Another major advantage is that the utilities are already separately metered, helping simplify management and significantly reducing the cost and complexity that can come with converting or separating utilities.

Whether you're an investor looking to add a turnkey multifamily property to your portfolio or a first-time homeowner looking to live in one unit while generating rental income from the others, this property offers tremendous flexibility. With the renovations already completed, there is no need to take on a major rehab project. Bring your furniture, move in, and start enjoying the property.

The location is equally impressive. Situated just one block from Girard Avenue, the property is within easy walking distance of Northern Liberties, public transportation, bus routes, and the Market-Frankford Line. Major roadways including I-76 and I-95 are also less than a five-minute drive away, providing convenient access throughout Philadelphia and the surrounding suburbs.

This is your opportunity to acquire a renovated, income-producing multifamily property in one of Philadelphia's highly sought-after neighborhoods without the headaches and expense of a major renovation.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1900
Living area
3,360 sqft
Price / sqft
$201
Lot
0.03
Original price
$675,000
MLS #
PAPH2678550

Interior

Features
Central A/C, true, Wall Unit, Zoned, Forced Air, Central, 90% Forced Air, Electric, Full, Unfinished, Sump pump, Engineered wood, Hardwood, Wood, Other, Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Range Hood, Oven/Range - Electric, Exhaust Fan, Washer, WaterHeater, 2+ Access Exits
Appliances
Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Range Hood, Oven/Range - Electric, Exhaust Fan, Washer, WaterHeater
Flooring
Engineered wood, Hardwood, Wood, Other
Heating
true, Wall Unit, Zoned, Forced Air, Central, 90% Forced Air
Cooling
Central A/C

Exterior & lot

Features
Converted Dwelling, Dwelling with Rental, Side-by-Side, Traditional, Straight Thru, Above Grade, Below Grade
Construction
Masonry, Brick/Mortar, Flat
Roof
Flat
Foundation
Brick/Mortar
Lot
RM1, 141453020

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Septic, Public, Natural gas available, Water available, Sewer available
Water
Public
Sewer
Public Septic

Financial

Financial
BRIGHT_MAIN
Annual tax
$8,502
Tax year
2026
Parcel
141453020

Location

Subdivision
OLDE KENSINGTON
Area
19122 (19122)
County
PHILADELPHIA-PA
Neighborhood
Ludlow
Community
PHILADELPHIA-PA, BRIGHT_MAIN, PHILADELPHIA CITY
Directions
Please use GPS

Location

Neighborhood
Ludlow
Subdivision
OLDE KENSINGTON
School district
Philadelphia City School District

Ask about this property

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Listed by Jahlil N Edwards, OCF Realty LLC - Philadelphia

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.