UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Parkside
MLS Listing ID PAPH2488802
Year Built 1915
Annual Tax Amount $4,290
Tax Year 2025
Lot Size 1,701 Sqft
Acres 0.04
Lot Dimensions 16.00 x 105.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s), Wall Unit
Flooring Engineered Wood, Laminated
Heat Source Electric
Exterior
Water Access N
Roof Type Asphalt,Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Septic
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 062170110
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard

"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. "
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