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Philadelphia,PA 19121
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 7,219 sqft
Price per Sqft $207
Subdivision Philadelphia (Northwest)
MLS Listing ID PAPH2525170
Year Built 1915
Available Date 2025-08-29
Annual Tax Amount $5,189
Tax Year 2023
Lot Size 3,597 Sqft
Acres 0.08
Lot Dimensions 32.00 x 63.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
A trio of buildings completely renovated in 2023, this package consists of three side-by-side property lots boasting 8 units in all, with 7 two-bedrooms and a studio apartment. It is presently 75% occupied and generating $9,134/month in rental income, with potential to bring in $13,000-$14,000/month when fully rented. True turnkey passive income, a wonderful addition to any rental portfolio. This is a unique investment in an area blossoming all around with new construction and condo developments, and great tenants in place. Modern finishes, sleek designs, custom built by Karbon Architects, a trio of 3-story buildings such as this is rarely offered.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM 1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871542230
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional,Private
Listing Terms Cash,Conventional,Private
Financing Cash,Conventional,Private
Special Listing Condition Standard