Bought with Denise A Frazier • Elite Level Realty
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Key Details
Sold Price $770,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,445 sqft
Price per Sqft $314
MLS Listing ID PAPH2458158
Sold Date 05/30/25
Year Built 1915
Annual Tax Amount $7,698
Tax Year 2024
Lot Size 1,159 Sqft
Acres 0.03
Lot Dimensions 17.00 x 68.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
A sound investment awaits on tree-lined 26th Street in the highly desirable Art Museum area. This five-unit multi-family property has been fully occupied consistently for years and features the added benefit of an optional owner's suite on the ground level.
This three-story building boasts a beautiful brick facade, exuding curb appeal. Inside, a charming vestibule greets you on entry, as hardwood floors guide you from and through the common areas and interior units.
This building houses five furnaces in total, with several having been completely replaced along with their condensers to ensure efficient and reliable heating and cooling. All gas water heaters have been updated, offering a consistent hot water supply across all units. Unit 5 features a brand-new refrigerator that was installed in 2024.
Common spaces were recently updated throughout the building. New light fixtures and emergency lighting were installed in 2024, enhancing both aesthetics and safety. Each unit door was painted, and new unit door tags were affixed the same year. The vestibule floor underwent a complete renovation down to the floor joists, with new plywood and tile installed in 2025. The basement ceiling rafters were repaired and re-supported where needed, ensuring structural integrity. Additionally, the washers and dryers were upgraded, with Caleco providing supply, installation, and trusted maintenance services.
This property has proven highly desirable to tenants year over year. It is a turnkey building with the opportunity to be taken to the next level. Don't miss your chance to add this multi-family property to your real estate portfolio and schedule your tour today!
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RM1
Interior
Hot Water Electric
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881809817
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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