121-123 Cuthbert St, Philadelphia, PA 19106

$1,500,000

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List Price
$1,500,000
Status
ACTIVE
MLS#
PAPH2675940
Subtype
Commercial Sale
Year Built
1850
Lot Size
1,679
Acres
0.04
Subdivision
Old City
MLS Area Major
19106 (19106)

Property Description

Exceptional investment opportunity in the heart of Old City! 121-23 Cuthbert Street consists of 2 adjoining buildings being offered together, featuring 6 fully occupied apartments. 121 Cuthbert Street Unit 1: 1 bedroom | $1,850/month | Lease expires 7/28/27 Unit 2: 1 bedroom | $1,910/month | Lease expires 5/28/27 Unit 3: 1 bedroom | $2,150/month | Lease expires 6/27/27 123 Cuthbert Street Unit 1: 1 bedroom | $1,695/month | Lease expires 5/28/27 Unit 2: 3 bedrooms, 2 bathrooms | $3,150/month | Lease expires 7/28/27 Unit 3: 1 bedroom | $1,750/month | Lease expires 5/28/27 Total monthly rental income is $12,505, producing $150,060 in annual gross rental income. Located on a charming historic street near Old City’s restaurants, galleries, shopping, public transportation and major employment centers. A rare opportunity to acquire 2 fully occupied income-producing buildings in an established Philadelphia neighborhood. Schedule your showing today!

Additional Information

Taxes
$9,640
Zoning
CMX3
Heating
Forced Air
Air Conditioning
Central Air
Foundation
Other
School District
The School District Of Philadelphia

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