$400,000

4147 PAUL STREET, Philadelphia, PA 19124

  • 1,809 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $221/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Multi-Family Investment Opportunity – Fully Occupied Except One Unit! This well-maintained multi-family property is an excellent investment opportunity, offering steady rental income with significant potential for increased returns. Conveniently located, the building features four units, three of which are currently occupied by reliable tenants. Here’s what makes this property a must-see: 1st Floor Unit Spacious 2-bedroom apartment with access to a private yard. Long-term tenant (6 years) paying $800/month – well below market value, presenting an opportunity to increase rent upon lease renewal. Meticulously cared for by the tenant, with original hardwood floors adding character and charm. 2nd Floor Units Back Unit: Renovated 1-bedroom apartment with updated finishes throughout (except the shower stall), rented at $800/month. Front Unit: Efficiency unit rented at $700/month. Clean and functional, but offers an opportunity for a cosmetic facelift to increase rental value. 3rd Floor Unit 1-bedroom apartment fully renovated in 2019, featuring fresh paint and updated light fixtures. Currently vacant, offering immediate rental potential or an option to convert into a 2-room unit to maximize income. Key Features: Consistent rental income from long-term tenants. Renovation potential to boost rents and overall property value. Flexibility to adjust layouts and maximize returns. This property combines stable cash flow with opportunities for value-add improvements. Don’t miss your chance to capitalize on this income-generating asset!

Listing Status:
Active
Date Added:
March 15, 2025 at 05:00AM
Listing Office:
EXP Realty, LLC : 8883977352
Listing Agent:
David Guido : 2157609196
MLS ID:
PAPH2457536
  • Basement: Unfinished
  • Flooring: CarpetLuxury Vinyl Plank
  • A/C: Window Unit(s)
  • Heating: YHot Water & Baseboard - ElectricElectric
  • Disability Feature: None

This listing courtesy of David Guido, EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Allen M. Stearne School

1655 Unity St, Philadelphia, PA, 19124

Grades KG-8

0.35 miles away

A

Allen M. Stearne School

1655 Unity St, Philadelphia, PA, 19124

Grades KG-8

0.35 miles away

F

Frankford High School

5000 Oxford Ave, Philadelphia, PA, 19124

Grades 9-12

0.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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