825 N 41st St, Philadelphia, PA 19104

$995,000

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List Price
$995,000
Status
ACTIVE
Days on Market
55
Price Change
▼ $155,000 1776630794
MLS#
PAPH2590302
Subtype
Commercial Sale
Year Built
1915
Lot Size
1,630
Acres
0.04
Subdivision
Belmont
MLS Area Major
19104 (19104)

Property Description

Located in Philadelphia’s rapidly evolving Belmont neighborhood, 825 N 41st St is a recently renovated six-unit multifamily asset offering a fully stabilized, turnkey investment opportunity in one of West Philadelphia’s most promising growth corridors. The property consists of six one-bedroom, one-bathroom units, all fully occupied and thoughtfully updated with modern finishes, including stainless steel appliances, hardwood-style flooring, tiled backsplashes, contemporary fixtures, and renovated kitchens and bathrooms, providing residents with comfortable, modern living while minimizing near-term capital expenditures for ownership. Subsidized tenants are currently in place, delivering reliable rental income and additional stability for investors. The building is in excellent condition and generates a strong in-place cash flow of $85,365 a year, making it an attractive income-producing asset. Strategically located just minutes from Drexel University’s continued westward expansion, ongoing institutional investment, and the growing economic influence of University City, the property benefits from increasing rental demand driven by students, professionals, and healthcare employees seeking convenient access to Center City, major employment hubs, and nearby access to all major highways, including I-76. With strong occupancy, modern upgrades, dependable income, and positioning within a rapidly revitalizing neighborhood experiencing continued residential and mixed-use development, 825 N 41st St represents a compelling opportunity to acquire a stabilized, cash-flowing asset with long-term appreciation potential in one of West Philadelphia’s emerging investment markets.

Additional Information

Taxes
$2,798
Zoning
RSA5
Heating
Forced Air
Air Conditioning
Central Air
School District
Philadelphia City

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Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: