Description
Prime investment opportunity in booming newbold – fully rented 6-unit building!
located just minutes from center city in the highly sought-after newbold neighborhood, this well-maintained multi-family property is a turnkey investment with strong, consistent cash flow. legally zoned for 6 units, the building includes one studio and five 1-bedroom + den, 1-bath units, all currently rented and generating a total of $6,625 per month in rental income.
each unit features its own dedicated hvac system and hot water tank, with separately metered electric and gas, ensuring easy management and reduced overhead for the owner. this low-maintenance property has been carefully maintained and is ideally situated in a rapidly appreciating area, just steps from transit, shops, and dining.
whether you're expanding your portfolio or looking for a stable income-producing asset in one of philadelphia’s hottest neighborhoods, this property delivers on every level.
don't miss out—schedule your showing today!
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
OtherAD ID
49702729
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C
- Heating: Other
- Cooling Fuel: Natural Gas
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1900
- Structure: Other
- New Construction: No
- Total Units: 4
- Built: 1900
- Construction Material: Masonry
- Architecture: Other
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 1,296
- Dimensions: 18.00 x 72.00
- Lot Size (Acres): 0.03
- Architectural Style: Other
- Main Square Feet: 1,296
Property Information
- SQ ft: 3,888
- SQ ft (Living Area): 3,888
- Total Lot SQ ft: 1,296
- Appx. Lot Dimensions: 18.00 x 72.00
- Total Acreage: 0.03
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: Subject to Existing Lease
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $6,999
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Subject to Existing Lease
Assessment Information
- Taxes Assessment Amount: $500,000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Homeowners Association Information
- Direction: GPS
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Natural Gas
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: GPS
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BuyOwner last updated this listing 05/15/2025 @ 03:57
- MLS: PAPH2480530
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 3,888 sqft, 1,296 sized lot, and 0 parking. are nearby neighborhoods.