4400 LANCASTER AVE, Philadelphia, PA 19104
- 6,142 sqft
Multi-Family Home
Built in 1920
2,178sqft lot
—— car garage
$114/sqft
Listed 2 days ago
Property Description
4400 Lancaster Ave, Philadelphia, PA. Don’t miss this unique mixed-use 5-unit corner property in Philadelphia, grossing $6,474/month in rental income. Each unit offers strong cash flow: Unit 1 ($2,500/month, a 3,100+ sq ft commercial unit) | Unit 2 ($1,135/month) | Unit 3 ($960/month) | Unit 4 ($1,025/month, vacant on 9/30/2025) | Unit 5 ($945/month estimated, vacant). This turnkey investment was gut-renovated in 2017 with central air, hardwood floors, and granite countertops. The property is certified lead *free*, and has 3x common coin-operated washers & dryers for extra income, with off-street parking in the rear. Building is fully sprinklered with fire alarm panel. Semi-private community garden on the block. Extremely low taxes currently with tax abatement ($1,246/yr), the property is legally zoned for its current use, and owned by a licensed real estate agent. Situated on a prominent corner lot with high visibility and access to public transportation, this property is ideal for any investor looking to add a well-performing asset to their portfolio. This is a neighborhood currently booming with new construction and more construction planned for the near future. Make your appointment today! Showings of commercial space are only allowed with a signed offer, to avoid tenant business disruption. ***Strong preference will be given to offers that include both contiguous parcels at 4400 Lancaster Ave & 866-870 N 44th St.***
- Listing Status:
- Active
- Listing Office:
- KW Empower : 2156273500
- Listing Agent:
- Eric Land : 6099928248
- MLS ID:
- PAPH2523202

- Basement: Unfinished
- A/C: Central A/C
- Heating: Forced AirNatural Gas
- Disability Feature: None
This listing courtesy of Eric Land, KW Empower
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Martha Washington Elementary Academics
766 N 44th St, Philadelphia, PA, 19104
Grades KG-8
0.19 miles away
Martha Washington Elementary Academics
766 N 44th St, Philadelphia, PA, 19104
Grades KG-8
0.19 miles away
Philadelphia Learning Academy - South
4300 Westminster Ave, Philadelphia, PA, 19104
Grades 9-12
0.07 miles away