This is a rare opportunity to own a FULLY RENOVATED, four-unit building located in the highly sought-after Queen Village neighborhood. The property is ideally situated in the heart of the area, offering both excellent foot traffic and a vibrant community atmosphere. The first floor features a WELL-ESTABLISHED hair salon helping to provide a steady stream of income.The remaining three units consist of two spacious 1-bedroom apartments and one 2-bedroom apartment, each designed to appeal to today’s renters with modern finishes, ample natural light, and attractive layouts. These units are highly marketable, making them ideal for generating consistent rental income.With a GROSS ANNUAL CASH FLOW OF OVER $93,000, this property presents a fantastic investment opportunity. Whether you’re looking for a HIGH-PERFORMING addition to your real estate portfolio, seeking a prime location, or looking to JUMP INTO THE REAL ESTATE BUSINESS, and enjoying a steady stream of rental income, this building offers both versatility and FINANCIAL UPSIDE.
MLS # | PAPH2439066 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active-bright |
Year | 1900 |
Days On Site | 148 |
Listing Provided By | MAXWELL REALTY COMPANY | Nancy L Alperin |
Units | 4 |
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Zoning | CMX1 |
Acreage | 0.03 |
Water Front | Yes |
Cooling | Central A/C, Ceiling Fan(s) |
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Heating Yes / No | Yes |
Heating | Central |
Construction Materials | Masonry |
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Garage Yes / No | No |
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State | PA |
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County | PHILADELPHIA PA |
City | PHILADELPHIA |
Zip Code | 19147 |
Area | 19147 (19147) |
Community Name | PHILADELPHIA (SOUTH) |
School District | THE SCHOOL DISTRICT OF PHILADELP |
Listing VS Median (in PHILADELPHIA (SOUTH)) | |
Price: $1,100,000 low | high Med: $260,000 On site: 148 low | high Med: 34.000000 |
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