$1,500,000

Estimated payment $9,159/month

Total Views 143,122
-- Bed
-- Bath
5,610 Sq Ft
$267 Price per Sq Ft

Highlights

  • Wood Flooring
  • Electric Baseboard Heater
  • Back Yard
  • Bathtub with Shower
  • Property is in excellent condition
  • 1-minute walk to Delancey Park

About This Home

Prime Investment Opportunity in Society Hill!

This turnkey 6-unit apartment building is extremely well maintained and is a perfect opportunity for investor’s looking to buy in the neighborhood and add more units to their rental portfolio. All six of the units are currently occupied. The six apartments are made up of (5) 1 bed 1 bath units and (1) 2 bed 2 bath unit. Unit 3A has 2 beds and 2 baths. With stable rental income, fantastic growth potential, and desirable amenities, this property is a rare find.

The building is currently grossing $8,741/month from the occupied units. The tenants pay all utilities other than water; the seller covers the water. There are also coin operated washers and dryers in the basement that generate extra income each month as well.

Each unit is fabulously maintained with hardwood floors throughout, well appointed kitchens with marble counter tops, historically tiled bathrooms, and ceiling fans in the living room and bedrooms for comfort and convenience. Each unit is heated by electric baseboard heating and has window units for cooling. Tenants also have access to on-site laundry which is located in the basement. Unit 3A has their own in unit laundry. Also in the basement is even more storage space which for the tenants to put their bikes and other items.

The property has solar panels on the roof to help reduce electricity costs and be more energy efficient.

Nestled in one of Philadelphia’s most historic and picturesque neighborhoods, Society Hill is celebrated for its quaint brick sidewalks, charming cobblestone alleys, and beautifully preserved architecture, offering a timeless appeal that attracts residents and investors alike. The property is also located just steps away from an Acme and CVS, there are bus stops on each corner adjacent to the property, and tons of amenities the neighbor hood has to offer. Not to mention the property is a short walk away from the Delaware River for those who love to be near water!

With an impressive Walk Score of 94, daily errands are a breeze—no car needed!

Boasting a Transit Score of 94, this area offers top-tier public transportation, making commuting super easy.

Cyclists will love the Bike Score of 85, highlighting excellent biking infrastructure.

A variety of dining options are just around the corner, including Fat Tuesday, Malbec Argentine Steakhouse, and Reef Restaurant & Lounge, among many others.

Families have access to well-rated schools such as General George A. McCall School, Benjamin Franklin High School, and William M. Meredith School.

For grocery shopping, nearby options include ACME Markets, Sue's Market, and South Street Market II.

Outdoor lovers will appreciate nearby green spaces like Three Bears Park, Thaddeus Kosciuszko National Memorial, and Magnolia Garden.

This income-producing property is a prime opportunity in one of the city’s most sought-after neighborhoods. MAJOR BONUS: SOLAR PANELS ON THE ROOF, ENHANCING ENERGY EFFICIENCY AND REDUCING ELECTRIC COSTS. Don’t miss out and schedule your visit today!

Listing Agent

Maria Quattrone

RE/MAX @ HOME License #RS281573 Listed on: 04/04/2025

RE/MAX @ HOME

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,998

Year Built

  • Built in 1859 | Remodeled in 2023

Lot Details

  • 1,995 Sq Ft Lot
  • Lot Dimensions are 21.00 x 95.00
  • Back Yard
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Bathtub with Shower
  • 5,610 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Location

  • Urban Location

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 881500600

Community Details

Overview

  • 4 Units
  • 4-Story Building
  • Society Hill Subdivision

Building Details

  • Gross Income $104,892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,998

Year Built

Built in 1859 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenant's belongings
  • Historic: No
  • Inclusions: Refrigerator, Oven/Range-Gas, Dishwasher, Range Hood, Built-In Microwave
  • New Construction: No
  • Expected On Market: 4/4/2025 12:00:00 AM
  • Year Built: 1859
  • Year Renovated: 2023
  • Remarks Public: Prime Investment Opportunity in Society Hill! This turnkey 6-unit apartment building is extremely well maintained and is a perfect opportunity for investor’s looking to buy in the neighborhood and add more units to their rental portfolio. All six of the units are currently occupied. The six apartments are made up of (5) 1 bed 1 bath units and (1) 2 bed 2 bath unit. Unit 3A has 2 beds and 2 baths. With stable rental income, fantastic growth potential, and desirable amenities, this property is a rare find. The building is currently grossing $8,741/month from the occupied units. The tenants pay all utilities other than water; the seller covers the water. There are also coin operated washers and dryers in the basement that generate extra income each month as well. Each unit is fabulously maintained with hardwood floors throughout, well appointed kitchens with marble counter tops, historically tiled bathrooms, and ceiling fans in the living room and bedrooms for comfort and convenience. Each unit is heated by electric baseboard heating and has window units for cooling. Tenants also have access to on-site laundry which is located in the basement. Unit 3A has their own in unit laundry. Also in the basement is even more storage space which for the tenants to put their bikes and other items. The property has solar panels on the roof to help reduce electricity costs and be more energy efficient. Nestled in one of Philadelphia’s most historic and picturesque neighborhoods, Society Hill is celebrated for its quaint brick sidewalks, charming cobblestone alleys, and beautifully preserved architecture, offering a timeless appeal that attracts residents and investors alike. The property is also located just steps away from an Acme and CVS, there are bus stops on each corner adjacent to the property, and tons of amenities the neighbor hood has to offer. Not to mention the property is a short walk away from the Delaware River for those who love to be near water! With an impressive Walk Score of 94, daily errands are a breeze—no car needed! Boasting a Transit Score of 94, this area offers top-tier public transportation, making commuting super easy. Cyclists will love the Bike Score of 85, highlighting excellent biking infrastructure. A variety of dining options are just around the corner, including Fat Tuesday, Malbec Argentine Steakhouse, and Reef Restaurant & Lounge, among many others. Families have access to well-rated schools such as General George A. McCall School, Benjamin Franklin High School, and William M. Meredith School. For grocery shopping, nearby options include ACME Markets, Sue's Market, and South Street Market II. Outdoor lovers will appreciate nearby green spaces like Three Bears Park, Thaddeus Kosciuszko National Memorial, and Magnolia Garden. This income-producing property is a prime opportunity in one of the city’s most sought-after neighborhoods. MAJOR BONUS: SOLAR PANELS ON THE ROOF, ENHANCING ENERGY EFFICIENCY AND REDUCING ELECTRIC COSTS. Don’t miss out and schedule your visit today!
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Microwave, Range Hood, Oven/Range - Gas, Refrigerator
  • Flooring Type: Wood, Carpet, Tile/Brick
  • Interior Amenities: Bathroom - Tub Shower
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 5610
  • Living Area Sq Ft: 5610
  • Price Per Sq Ft: 267.38
  • Above Grade Finished Sq Ft: 5610
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 330

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: CA0
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.05
  • Lot Dimensions: 21.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1995.00
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 104892.00
  • Units Leased Count: 6
  • Vacation Rental: No

Tax Info

  • School Tax: 7839.00
  • Tax Annual Amount: 13998.00
  • Assessor Parcel Number: 881500600
  • Tax Lot: 54
  • Tax Total Finished Sq Ft: 5610
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Gross Income: 104892.00
  • Gross Scheduled Income: 104892.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $1,500,000 -- $267 / Sq Ft
Source: Bright MLS

About the Listing Agent

Maria Quattrone

RE/MAX @ HOME

(844) 638-4694

Section Image

Born and raised in Philadelphia, Temple University graduate and CEO of RE/MAX @ HOME, Maria Quattrone has over ten years experience serving people’s needs in the Philadelphia real estate market. In 2005 she founded Maria Quattrone Real Estate Experts, providing quality, customer-driven service throughout the Philadelphia area. Maria grew her company into one of the most successful real estate teams in the city, having helped her clients buy and sell more than 1,000 properties totaling over $250

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Source: Bright MLS

MLS Number: PAPH2460584

Bright MLS