$ 490,000
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$490,000
Price -
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Bed -
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SqFt
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About the Listing KWEMPWR - 3131668
211 N 63rd is a turn key, rent ready 5-unit multifamily building offering immediate income potential in West Philadelphia’s Cobbs Creek/Haddington corridor. The property features two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, with all five units currently operating as a furnished mid-term rental program generating approx $7,500 per month. For investors seeking a traditional multifamily model, the property also offers a long-term rental pro forma of approximately $5,900 per month. With no long-term leases to assume, the next owner has flexibility from day one. The building has been thoughtfully updated with a new roof, updated mechanical systems, updated kitchens and bathrooms, and design-forward common areas. The units are fully furnished and rent-ready under the current rental program, allowing for a seamless transition for an investor looking to continue the existing operation. There is also a 225' deep lot which allows potential development to add additional units, subject to buyer verification of zoning and approvals. Located just blocks from the Market-Frankford Line at 63rd and Market Station, the property offers convenient access to Center City, University City, Drexel, Penn, CHOP, and surrounding employment and education hubs. This an attractive option with heavy cash flow relative to other options perfect for yield-focused investors, conventional multifamily operators, or developers looking for future upside. Available individually or as part of a package with 207 N 63rd Street, a 7-unit property listed separately for $685,000. Tours by appointment with 48 hours’ notice.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Commercial Sale
MLS ®
PAPH2617128
Year Built
1914
Total Square Footage
0
Lot/Acreage
0.1
County
Philadelphia
Neighborhood
Haddington
Area
19139 (19139)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 20.00 x 225.00
- Zoning: RM1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $3,831
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
211 N 63rd St Philadelphia, PA 19139
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