UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,420 sqft
Price per Sqft $226
MLS Listing ID PAPH2538328
Style Straight Thru
Abv Grd Liv Area 3,420
Year Built 1915
Annual Tax Amount $9,924
Tax Year 2025
Lot Size 2,091 Sqft
Acres 0.05
Lot Dimensions 25.00 x 85.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Well Maintained 4-unit multi-family property in Old Kensington
Fantastic investment opportunity in one of the city's fastest-growing neighborhoods. This tastefully renovated and well-maintained quadraplex offers four occupied units with leases in place, generating a total monthly income of $4,542. All units are currently rented below market value, leaving strong potential for increased returns.
The property features a charming first-floor studio with a lofted sleeping area, a spacious bi-level two-bedroom unit on the first and second floors with direct backyard access from the kitchen, a one-bedroom unit on the front of the second floor, and another bi-level two-bedroom unit spanning the second and third floors. A coin-operated washer and dryer room is also located on the second floor, offering added convenience for tenants and additional income potential.
Tenants are happy and looking to stay, providing stability for a new owner. The surrounding area has seen tremendous development with new townhomes, multi-unit buildings, shops, and restaurants, including the newly opened spot at 7th & Girard Avenue. The U.S. Post Office is just steps away, and Northern Liberties is right across Girard, offering even more dining, shopping, and entertainment.
Perfect for investors seeking strong rental upside, or for an owner-occupant looking to live in one unit while building equity. Conveniently close to public transportation and neighborhood amenities, this property sits at the heart of an exciting, rapidly developing community.
Don't miss out, schedule your appointment today!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Interior
Hot Water Electric
Heating Radiator, Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 141055800
Ownership Fee Simple
SqFt Source 3420
Special Listing Condition Standard
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