UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,450 sqft
Price per Sqft $123
MLS Listing ID PAPH2526404
Style Traditional
Abv Grd Liv Area 3,450
Year Built 1940
Annual Tax Amount $5,081
Tax Year 2025
Lot Size 2,205 Sqft
Acres 0.05
Lot Dimensions 19.00 x 115.00
Property Sub-Type Triplex
Source BRIGHT
Property Description
Rare opportunity to acquire a fully occupied 6-unit multifamily portfolio in a prime, high-demand rental location just steps from University City and Clark Park. The property consists of a mix of well-maintained units, several featuring private outdoor space, in-unit laundry, and long-term tenants providing reliable income. Recently brought to 100% occupancy with two newly leased units, the buildings generate a combined rent roll of $6,900/month ($82,800/year).
All tenants pay their own gas and electric, keeping operating expenses low. This location offers unmatched walkability to restaurants, cafés, shops, and public transit, appealing to both students and professionals. Strong value-add potential exists through gradual rent increases and interior upgrades. An ideal choice for investors seeking stable cash flow with upside in one of Philadelphia's most vibrant submarkets.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Central A/C
Inclusions All Appliances
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 273151100
Ownership Fee Simple
SqFt Source Estimated
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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