$700,000

4400 LANCASTER AVE, Philadelphia, PA 19104

  • 6,142 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $114/sqft
  • Property List Date Icon 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

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

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Location

Schools Nearby

M

Martha Washington Elementary Academics

766 N 44th St, Philadelphia, PA, 19104

Grades KG-8

0.19 miles away

M

Martha Washington Elementary Academics

766 N 44th St, Philadelphia, PA, 19104

Grades KG-8

0.19 miles away

P

Philadelphia Learning Academy - South

4300 Westminster Ave, Philadelphia, PA, 19104

Grades 9-12

0.07 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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