Description
INVESTOR ALERT!This five-unit multi family home in the heart of East Passyunk offers an exceptional opportunity for full renovation or immediate investment returns. Two units— including a fully finished lower-level studio/business space—are currently rented, providing income from day one. Located just one block off bustling Passyunk Avenue, this property sits steps away from one of South Philadelphia’s most vibrant corridors, known for its award-winning restaurants, cafés, boutique shops, and locally owned businesses. Outdoor enthusiasts will appreciate the proximity to FDR Park, and commuters will love the quick access to the Broad Street Line and SEPTA, offering an easy ride to Center City, the Stadiums, and major transit connections. The building features four one-bedroom efficiency units plus one studio/business space on the lower level. Current rents are well below market, giving future ownership significant upside potential. Continue operating the two occupied units and lease the remaining spaces, or renovate to achieve top-of-market rental rates—either way, the possibilities are strong. Offered as-is, with financials available upon request, this property is perfectly positioned for investors seeking a high-demand location with excellent growth potential. Opportunities like this in East Passyunk don’t last long—schedule your showing today!
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0BEDS
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0.02ACRES
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0BATHS
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01/2 BATHS
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2,025SQFT
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$247$/SQFT
Description
INVESTOR ALERT!This five-unit multi family home in the heart of East Passyunk offers an exceptional opportunity for full renovation or immediate investment returns. Two units— including a fully finished lower-level studio/business space—are currently rented, providing income from day one. Located just one block off bustling Passyunk Avenue, this property sits steps away from one of South Philadelphia’s most vibrant corridors, known for its award-winning restaurants, cafés, boutique shops, and locally owned businesses. Outdoor enthusiasts will appreciate the proximity to FDR Park, and commuters will love the quick access to the Broad Street Line and SEPTA, offering an easy ride to Center City, the Stadiums, and major transit connections. The building features four one-bedroom efficiency units plus one studio/business space on the lower level. Current rents are well below market, giving future ownership significant upside potential. Continue operating the two occupied units and lease the remaining spaces, or renovate to achieve top-of-market rental rates—either way, the possibilities are strong. Offered as-is, with financials available upon request, this property is perfectly positioned for investors seeking a high-demand location with excellent growth potential. Opportunities like this in East Passyunk don’t last long—schedule your showing today!
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