Homes for sale - 4147 PAUL ST, Philadelphia, PA 19124

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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by David Guido • EXP Realty, LLC

$400,000

Est. payment - /mo

1,809 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,809 sqft

Price per Sqft $221

Subdivision Frankford

MLS Listing ID PAPH2457536

Style Dwelling with Rental

Abv Grd Liv Area 1,809

Year Built 1925

Annual Tax Amount $2,546

Tax Year 2025

Lot Size 2,000 Sqft

Acres 0.05

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Multi-Family Investment Opportunity – Fully Occupied Except One Unit! This well-maintained multi-family property is an excellent investment opportunity, offering steady rental income with significant potential for increased returns. Conveniently located, the building features four units, three of which are currently occupied by reliable tenants. Here's what makes this property a must-see: 1st Floor Unit Spacious 2-bedroom apartment with access to a private yard. Long-term tenant (6 years) paying $800/month – well below market value, presenting an opportunity to increase rent upon lease renewal. Meticulously cared for by the tenant, with original hardwood floors adding character and charm. 2nd Floor Units Back Unit: Renovated 1-bedroom apartment with updated finishes throughout (except the shower stall), rented at $800/month. Front Unit: Efficiency unit rented at $700/month. Clean and functional, but offers an opportunity for a cosmetic facelift to increase rental value. 3rd Floor Unit 1-bedroom apartment fully renovated in 2019, featuring fresh paint and updated light fixtures. Currently vacant, offering immediate rental potential or an option to convert into a 2-room unit to maximize income. Key Features: Consistent rental income from long-term tenants. Renovation potential to boost rents and overall property value. Flexibility to adjust layouts and maximize returns. This property combines stable cash flow with opportunities for value-add improvements. Don't miss your chance to capitalize on this income-generating asset!

Location

State PA

County Philadelphia

Area 19124 (19124)

Zoning RM1

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Hot Water & Baseboard - Electric

Cooling Window Unit(s)

Flooring Carpet, Luxury Vinyl Plank

Fireplace N

Heat Source Electric

Exterior

Utilities Available Cable TV, Phone

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Dwelling with Rental

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 232226700

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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4147 PAUL ST Philadelphia, PA 19124