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Key Facts

Type Quadruplex
Levels Residential Income
Size 6142 sqft
Garage No
Taxes $1,246
Days Active 2
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $113
MLS® Number PAPH2523202

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

4400 Lancaster Ave, Philadelphia, PA. Don’t miss this unique mixed-use 5-unit corner property in Philadelphia, grossing $6, 474/month in rental income. Each unit offers strong cash flow: Unit 1 ($2, 500/month, a 3, 100+ sq ft commercial unit) | Unit 2 ($1, 135/month) | Unit 3 ($960/month) | Unit 4 ($1, 025/month, vacant on 9/30/2025) | Unit 5 ($945/month estimated, vacant). This turnkey investment was gut-renovated in 2017 with central air, hardwood floors, and granite countertops. The property is certified lead *free*, and has 3x common coin-operated washers & dryers for extra income, with off-street parking in the rear. Building is fully sprinklered with fire alarm panel. Semi-private community garden on the block. Extremely low taxes currently with tax abatement ($1, 246/yr), the property is legally zoned for its current use, and owned by a licensed real estate agent. Situated on a prominent corner lot with high visibility and access to public transportation, this property is ideal for any investor looking to add a well-performing asset to their portfolio. This is a neighborhood currently booming with new construction and more construction planned for the near future. Make your appointment today! Showings of commercial space are only allowed with a signed offer, to avoid tenant business disruption. ***Strong preference will be given to offers that include both contiguous parcels at 4400 Lancaster Ave & 866-870 N 44th St.***Show Description
MLS® NumberPAPH2523202
Laundry Level
Central VacNo
FireplaceNo
Acreage0.05
Exterior
GarageNo
Approx. Age1920
BasementUnfinished
DrivewayDriveway
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral A/C, Electric
Heating Fuel

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