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Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees $1,961
Taxes $4,290
Days Active 30
Approx. Age 1915
MLS® Number PAPH2488802

Property Address: 

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

Description

Located in the up-and-coming Parkside section of West Philadelphia (ZIP Code 19104), this recently updated five-unit apartment building offers a prime opportunity for investors. Just a few blocks from the Philadelphia Zoo and close to Fairmount Park, this property is ideally positioned near major city attractions. Commuting is effortless, with the Centennial Village train station just five blocks away—placing you in Center City in under 15 minutes—and the SEPTA 15 and 40 trolleys less than a block from your doorstep. Each unit features separate utilities (except water), and tenants have access to a coin operated washer and dryer in the basement. With a current cap rate of over 7% and a potential cap rate of over 14% if the new owner chooses Section 8 tenancy, this building offers outstanding current income and significant future upside. Don’t miss your chance to own a well-maintained, income-generating property in a vibrant and growing neighborhood!Show Description
MLS® NumberPAPH2488802
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1915
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard - Electric, Electric
A/CWindow Unit(s), Wall Unit
Heating Fuel

Extras

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