Excellent investment opportunity in South Philadelphia! This fully occupied 5-unit apartment building features five efficiency-style studio apartments and an active 5-unit rental license. The property offers a strong in-place income stream and an attractive basis for an investor seeking a stabilized, income-producing asset. Each unit is currently occupied, providing immediate rental income from day one. The property also features shared laundry with a washer and dryer located in the basement. Conveniently located in South Philadelphia with easy access to Broad Street, major roadways, public transportation, shopping, dining, and neighborhood amenities.
| MLS # | PAPH2667988 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 43 |
| Listing Provided By | Long & Foster Real Estate, Inc. | Jonathan Joseph Carrozza |
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Units | 5 |
| Zoning | RSA5 |
| Acreage | 0.02 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
| Roof | Flat |
|---|---|
| Construction Materials | Brick, Masonry |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 5218 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19145 |
| Area | 19145 (19145) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19145) | |
Price: $569,000 low | high Med: $240,000 On site: 43 low | high Med: 58 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19145 |
| Area | 19145 (19145) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19145) | |
Price: $569,000 low | high Med: $240,000 On site: 43 low | high Med: 58 | |