$ 330,000
-
$330,000
Price -
5
Bed - Bath
-
2,240
SqFt
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About the Listing TCRELLC1 - 3379899
1686 Harrison Street, a stabilized five-unit multifamily asset located in the Holmesburg section of Northeast Philadelphia. This well-maintained walk-up offers a balanced mix of tenant affordability and durable in-place cash flow, making it an attractive investment for first-time buyers or seasoned operators seeking low-maintenance yield. Priced at just $66,000 per unit, the asset provides strong day-one returns and the opportunity for future upside through light operational enhancements and rent adjustments. This property offers reliable returns and low-friction management. INVESTMENT HIGHLIGHTS: - Fully occupied and cash flowing at acquisition -Operating expenses at just 34.9% of income -Gross income of $44,460/ year with potential for modest rent increases -CAP Rate: 8.51% with Cash-on-Cash Return of 8.12% -Walking distance to SEPTA transit, retail, and regional employment
Listing Highlights for 1686 Harrison St
Status
Active
Days on Site
20
Property Type
Multi-Family
MLS ®
PAPH2529392
Year Built
1940
Total Square Footage
2,240
Lot/Acreage
0.06
Interior Details
- Bedrooms: 5
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2240
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 25.00 x 106.00
- Zoning: RM1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,On Street
Financial Details
- Tax Amount: $3,282
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
1686 Harrison St Philadelphia, PA 19124
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