Listed by Tracy Siler • Keller Williams Real Estate-Langhorne
Bought with Fatjon Brahimi • KW Empower

$325,000

$350,000 7.1%

Est. payment - /mo

3,444 SqFt

UPDATED:

Key Details

Sold Price $325,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,444 sqft

Price per Sqft $94

MLS Listing ID PAPH2581518

Sold Date 06/12/26

Style Traditional

Abv Grd Liv Area 3,444

Year Built 1920

Annual Tax Amount $7,845

Tax Year 2025

Lot Size 3,105 Sqft

Acres 0.07

Lot Dimensions 35.00 x 90.00

Property Sub-Type Other

Source BRIGHT

Property Description

Calling all investors looking to expand their portfolio. This multi-family property offers immediate income potential. Located the high demand Philadelphia neighborhood of Port Richmond, this property provides consistent rental income and all six apartments are currently fully leased. There are also three storage sheds that could bring in an additional estimated $225-$300 per month. Solid bones and a desirable location make this an attractive opportunity for the right buyer. The property is currently configured as six units with a cap rate of 14.4%, however it is zoned for two apartments and is being sold AS IS. Buyers are encouraged to perform their own due diligence, seller and seller's agent makes no guarantee that the buyer will be able to obtain a variance from the city.

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning RSA5

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Above Ground Finished SqFt 3444

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 251423229

Ownership Fee Simple

SqFt Source 3444

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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NEARBY SCHOOL & BUSINESS

John Davison

+1(484) 986-7388 | john@digz.house

3029-31 CEDAR ST Philadelphia, PA 19134