359 Lyceum Ave Philadelphia, PA 19128
Roxborough NeighborhoodEstimated payment $6,283/month
Highlights
- City View
- Traditional Architecture
- Central Heating and Cooling System
- 0.13 Acre Lot
- Wood Flooring
- 2-minute walk to Fairview Park
About This Home
359 Lyceum is a light value-add 5-plex (5 units) apartment building located in Roxborough — a thriving submarket in NWPHL (Northwest Philadelphia) experiencing surging rental demand for its bucolic nature, access to amenities and parks, and connectivity to Philly's urban core. Also available with 4381 Pechin (one block away - 5 units) and 401 Lyceum (5 units - one block away) — for a total of 15 units for $2,549,000. 359 Lyceum is comprised of three (3) 1bd x 1ba apartments, one (1) 2bd x 1ba apartment and one (1) 2bd x 2ba apartment in a handsome 3-storey, ±4670 SF structure with a private driveway for 1:1 tenant parking and private auxiliary unit/ADU. Invest in a Top-10 USA MSA with this 7.85% CAP multifamily real estate acquisition from How Properties, one of Philly's leading full-service real estate firms. Buy one, two, or all three buildings. Tangible financial upside exists via rent growth and OPEX minimization. Enquire within for financials.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,586
Year Built
- Built in 1900
Lot Details
- 5,850 Sq Ft Lot
- Lot Dimensions are 39.00 x 150.00
- Property is in good condition
Home Design
- Traditional Architecture
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 4,670 Sq Ft Home
- Wood Flooring
- City Views
- Finished Basement
Parking
- 5 Parking Spaces
- 5 Driveway Spaces
- 5 Assigned Parking Spaces
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Hot Water Heating System
- Natural Gas Water Heater
- Private Sewer
Community Details
- 4 Units
- 3-Story Building
- Roxborough Subdivision
Listing and Financial Details
- Tax Lot 43
- Assessor Parcel Number 212098600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,909 | $756,300 | $151,200 | $605,100 |
| 2024 | $7,909 | $756,300 | $151,200 | $605,100 |
| 2023 | $7,909 | $565,000 | $113,000 | $452,000 |
| 2022 | $7,024 | $565,000 | $113,000 | $452,000 |
| 2021 | $7,024 | $0 | $0 | $0 |
| 2020 | $7,024 | $0 | $0 | $0 |
| 2019 | $6,212 | $0 | $0 | $0 |
| 2018 | $4,293 | $0 | $0 | $0 |
| 2017 | $4,293 | $0 | $0 | $0 |
| 2016 | $4,293 | $0 | $0 | $0 |
| 2015 | $4,110 | $0 | $0 | $0 |
| 2014 | -- | $306,700 | $107,523 | $199,177 |
| 2012 | -- | $48,000 | $9,360 | $38,640 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $999,000 | -- | $214 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $303,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,350,000 | Future Advance Clause Open End Mortgage | |
| Closed | $1,000,000 | Future Advance Clause Open End Mortgage | |
| Closed | $440,000 | Commercial | |
| Previous Owner | $175,000 | Credit Line Revolving |
Source: Bright MLS
MLS Number: PAPH2518572
APN: 212098600
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