427 N Simpson St

FOR SALE: 427 N Simpson St, Philadelphia, PA 19151 Asking Price: $329,000 Huge Investment Opportunity or Perfect Owner-Occupant Triplex! Unlock the potential of this massive, legally zoned triplex in the heart of the 19151 zip code. Whether you are looking for a high-yield addition to your portfolio or a way to "house hack" by living in one unit and letting the other two pay your mortgage, this property is a rare find. It is also an ideal setup for generational housing, providing independent living spaces under one roof. Unit Breakdown: * 2nd Floor – Modern & Turnkey: Fully renovated in 2019, this unit features contemporary finishes throughout. Highlights include engineered high-gloss flooring, updated cabinetry, and stylish butcher block countertops. Perfect for a mid moderate rental or owner’s suite. * 1st Floor – Spacious & Updated: A large 1-bedroom footprint (approx. 888 sq ft) with a functional layout. Features newer updates including brand-new carpeting and a recently replaced water heater, ensuring lower maintenance costs for the new owner. * Basement Apartment – Value-Add Potential: Currently undergoing renovations. This unit is being transformed into a modern 1-bedroom, open-concept living space. All the "heavy lifting" is being done for you: * updated electric * New tile shower * update heating and A/C * In-unit washer/dryer hookups Key Features & Highlights: * Zoning: Legal Triplex. * Mechanicals: Significant upgrades to the basement unit infrastructure provide long-term peace of mind. * Flexibility: Deliver vacant or rent out immediately upon completion of renovations. * Location: Situated on a quiet block with easy access to public transit, local shopping, and the amenities of West Philadelphia and Overbrook. Note: Renovations on the basement unit are currently in progress. More pictures are forthcoming as work continues. Don't miss out on this 2,550+ sq ft powerhouse. Schedule your showing today and see the value for yourself!