3048 B ST Philadelphia, PA 19134
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 980 sqft
Price per Sqft $81
Subdivision Kensington
MLS Listing ID PAPH2605018
Style Straight Thru
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 980
Year Built 1920
Annual Tax Amount $1,014
Tax Year 2025
Lot Size 756 Sqft
Acres 0.02
Lot Dimensions 14.00 x 54.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
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.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning RSA5
Rooms
Basement Full
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Concrete Perimeter
Above Ground Finished SqFt 980
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 071399000
Ownership Fee Simple
SqFt Source 980
Acceptable Financing Cash, Conventional, FHA 203(k), Private
Listing Terms Cash, Conventional, FHA 203(k), Private
Financing Cash,Conventional,FHA 203(k),Private
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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Zack Grimmer
Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer | License ID: RS346782 | 1973175 | BK359849