$1,000,000

Estimated payment $5,627/month

Total Views 388
-- Bed
-- Bath
3,172 Sq Ft
$315 Price per Sq Ft

About This Home

– Available Individually or as a Portfolio –

INTRODUCING: The West Philly Park Portfolio — a rare opportunity to acquire up to thirty-nine (39) total units offering an in-place 9.5% stabilized cap rate, located just outside of University City — one of the most dynamic growth corridors in the United States. Situated within a Top-10 MSA for both population and life sciences, this portfolio lies in the heart of Philadelphia’s renowned “Eds & Meds” economy, surrounded by billions of dollars in active development. Nearby anchors include Schuylkill Yards, the Science Center, CHOP, HUP, and Amtrak’s 30th Street Station.

The portfolio spans ten (10) properties totaling approximately ±35,000 square feet, concentrated within a walkable five-block stretch along the high-traffic 52nd Street corridor, between Market Street and Larchwood Avenue. Each building features a mix of ground-floor commercial units with residential apartments above, many of which were comprehensively renovated in the early 2020s. Upgrades include LVP flooring, shaker cabinetry, granite countertops, in-unit washer/dryers, modern fire and sprinkler systems, central air, and contemporary finishes throughout.

The offering includes multiple park-front, corner, and contiguous parcels, with strong tenant demand driven by proximity to the University of Pennsylvania, Drexel University, and leading healthcare and innovation institutions. This is a rare chance to acquire turnkey assets in one of Philadelphia’s most promising submarkets.

Detailed financials available upon request.

Listing Agent

Ryan McManus

Keller Williams Liberty Place Listed on: 07/23/2025

Co-Listing Agent

Brandon Ribeiro

Keller Williams Liberty Place

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1925

Lot Details

  • 1,392 Sq Ft Lot
  • Lot Dimensions are 16.00 x 87.00

Home Design

  • 3,172 Sq Ft Home
  • Masonry

Utilities

  • Heating Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 871254700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,584

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: – Available Individually or as a Portfolio – INTRODUCING: The West Philly Park Portfolio — a rare opportunity to acquire up to thirty-nine (39) total units offering an in-place 9.5% stabilized cap rate, located just outside of University City — one of the most dynamic growth corridors in the United States. Situated within a Top-10 MSA for both population and life sciences, this portfolio lies in the heart of Philadelphia’s renowned “Eds & Meds” economy, surrounded by billions of dollars in active development. Nearby anchors include Schuylkill Yards, the Science Center, CHOP, HUP, and Amtrak’s 30th Street Station. The portfolio spans ten (10) properties totaling approximately ±35,000 square feet, concentrated within a walkable five-block stretch along the high-traffic 52nd Street corridor, between Market Street and Larchwood Avenue. Each building features a mix of ground-floor commercial units with residential apartments above, many of which were comprehensively renovated in the early 2020s. Upgrades include LVP flooring, shaker cabinetry, granite countertops, in-unit washer/dryers, modern fire and sprinkler systems, central air, and contemporary finishes throughout. The offering includes multiple park-front, corner, and contiguous parcels, with strong tenant demand driven by proximity to the University of Pennsylvania, Drexel University, and leading healthcare and innovation institutions. This is a rare chance to acquire turnkey assets in one of Philadelphia’s most promising submarkets. Detailed financials available upon request.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Total Sq Ft: 3172
  • Living Area Sq Ft: 3172
  • Price Per Sq Ft: 315.26
  • Above Grade Finished Sq Ft: 3172
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 446

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 87.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1392.00
  • Year Assessed: 2025
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2007.00
  • Tax Annual Amount: 3584.00
  • Assessor Parcel Number: 871254700
  • Tax Lot: 111
  • Tax Total Finished Sq Ft: 3172
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

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

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 $2,441 $256,100 $51,220 $204,880
2024 $2,441 $256,100 $51,220 $204,880
2023 $2,441 $174,400 $34,800 $139,600
2022 $1,694 $174,400 $34,800 $139,600
2021 $1,694 $0 $0 $0
2020 $1,694 $0 $0 $0
2019 $1,678 $0 $0 $0
2018 $1,631 $0 $0 $0
2017 $1,513 $0 $0 $0
2016 $1,513 $0 $0 $0
2015 $1,434 $0 $0 $0
2014 -- $108,100 $20,900 $87,200
2012 -- $16,000 $3,200 $12,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $1,000,000 -- $315 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $390,000 First American Title Ins Co
Deed $180,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $735,000 Construction
Previous Owner $126,000 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $80,000 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2519550

Bright MLS

APN: 871254700