Located in the up-and-coming Parkside section of West Philadelphia (ZIP Code 19104), this recently updated five-unit apartment building offers a prime opportunity for investors. Just a few blocks from the Philadelphia Zoo and close to Fairmount Park, this property is ideally positioned near major city attractions. Commuting is effortless, with the Centennial Village train station just five blocks away-placing you in Center City in under 15 minutes-and the SEPTA 15 and 40 trolleys less than a block from your doorstep.Each unit features separate utilities (except water). With a current cap rate of over 7% and a potential cap rate of 14% if the new owner chooses Section 8 tenancy, this building offers outstanding current income and significant future upside/value added. Don't miss your chance to own a well-maintained, income-generating property in a vibrant and growing neighborhood!
| MLS # | PAPH2648456 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 100 |
| Listing Provided By | Best City Homes Inc | Richard B Moore |
| Zoning | RM1 |
|---|---|
| Acreage | 0.04 |
| Cooling | Window Unit(s), Wall Unit |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
| Roof | Asphalt, Flat |
|---|---|
| Construction Materials | Masonry |
| Foundation Details | Stone |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 4290 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| Community Name | PARKSIDE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in PARKSIDE) | |
Price: $499,500 low | high Med: $149,950 On site: 100 low | high Med: 254.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| Community Name | PARKSIDE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in PARKSIDE) | |
Price: $499,500 low | high Med: $149,950 On site: 100 low | high Med: 254.5 | |