$825,000

Estimated payment $4,847/month

Total Views 868
-- Bed
-- Bath
5,982 Sq Ft
$138 Price per Sq Ft

Highlights

  • 0.41 Acre Lot
  • Victorian Architecture
  • Radiator

About This Home

8.15% Cap Rate. Stunning Victorian 7 Unit Apartment building, Investment Opportunity in Germantown! Step into the timeless elegance of this beautiful Victorian single, built circa 1863, and legally zoned for seven apartments. This well-maintained property boasts original details, soaring 12' ceilings, and gorgeous hardwood floors, creating a unique blend of historic charm and modern convenience. Featuring three spacious 2-bedroom apartments and four charming 1-bedroom units, this income-producing gem is perfect for an owner-occupant or investor. Each apartment is thoughtfully designed with oversized bedrooms, abundant natural light, and ample closet space. Decorative fireplaces and mantels add an elegant touch, while upgraded kitchens feature newer appliances, dishwashers, and over-the-range microwaves. A sunny enclosed patio provides a peaceful retreat for tenants to enjoy. The property is fully equipped with separate gas boilers for radiant heat and individual electric meters and sub-panels. Tenants pay for heat, cooking gas, and electricity, while the owner covers water. A city-code-compliant fire alarm system ensures safety and peace of mind. Plus, there’s ample off-street parking with room for seven vehicles in the driveway/parking lot. There is also a 20x20' garage on site that could be used for future upside potential. It is not currently rented. This is a rare opportunity to own a highly desirable, income-generating property in a sought-after neighborhood. Don’t miss out—call today for the pro-forma and to schedule your private showing!

Listing Agent

Mark Malfara

BHHS Fox & Roach-Blue Bell License #RS280250 Listed on: 09/02/2025

BHHS Fox & Roach-Blue Bell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,636

Year Built

  • Built in 1900

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 90.00 x 197.00

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Masonry

Parking

  • 7 Parking Spaces
  • 7 Driveway Spaces
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 881056028

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $6,000
  • Maintenance Expense $4,494
  • Manager Expense $4,494
  • Operating Expense $25,098
  • Gross Income $92,340
  • Net Operating Income $67,242

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,636

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: 8.15% Cap Rate. Stunning Victorian 7 Unit Apartment building, Investment Opportunity in Germantown! Step into the timeless elegance of this beautiful Victorian single, built circa 1863, and legally zoned for seven apartments. This well-maintained property boasts original details, soaring 12' ceilings, and gorgeous hardwood floors, creating a unique blend of historic charm and modern convenience. Featuring three spacious 2-bedroom apartments and four charming 1-bedroom units, this income-producing gem is perfect for an owner-occupant or investor. Each apartment is thoughtfully designed with oversized bedrooms, abundant natural light, and ample closet space. Decorative fireplaces and mantels add an elegant touch, while upgraded kitchens feature newer appliances, dishwashers, and over-the-range microwaves. A sunny enclosed patio provides a peaceful retreat for tenants to enjoy. The property is fully equipped with separate gas boilers for radiant heat and individual electric meters and sub-panels. Tenants pay for heat, cooking gas, and electricity, while the owner covers water. A city-code-compliant fire alarm system ensures safety and peace of mind. Plus, there’s ample off-street parking with room for seven vehicles in the driveway/parking lot. There is also a 20x20' garage on site that could be used for future upside potential. It is not currently rented. This is a rare opportunity to own a highly desirable, income-generating property in a sought-after neighborhood. Don’t miss out—call today for the pro-forma and to schedule your private showing!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Stone, Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 6982
  • Living Area Sq Ft: 5982
  • Price Per Sq Ft: 137.91
  • Above Grade Finished Sq Ft: 5982
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5313

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
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 7

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 4494.00

Schools

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

Lot Info

  • Lot Size Acres: 0.41
  • Lot Dimensions: 90.00 x 197.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17730.00
  • Zoning: MULTI UNIT

Rental Info

  • Rent Control: No
  • Total Actual Rent: 92340.00
  • Units Leased Count: 7
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4636.00
  • Assessor Parcel Number: 881056028
  • Tax Year: 2024

Multi Family

  • Gross Income: 92340.00
  • Gross Scheduled Income: 92340.00
  • Operating Expense: 25098.00

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/02/2025 09/02/25 For Sale $825,000 -- $138 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2532896

Bright MLS

APN: 12-2-1498-00