$ 650,000
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$650,000
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About the Listing 55529 - 3293490,3243156
7-Unit Multifamily Investment Opportunity | Value-Add | West Kensington, Philadelphia 175 West Berks Street – Philadelphia, PA Positioned in the rapidly evolving West Kensington neighborhood, 175 West Berks Street presents an excellent opportunity to acquire a stabilized multifamily asset with strong upside potential. Surrounded by ongoing redevelopment and new residential construction, the property benefits from the continued growth and investment transforming the area. This 7-unit multifamily building consists of six one-bedroom apartments and one efficiency unit, offering a well-balanced unit mix attractive to renters seeking affordable housing near major employment and education hubs. Investors will appreciate the value-add opportunity through rent increases to current market levels, creating the potential to improve net operating income. Additionally, there may be the possibility of vertical expansion by adding additional floors, subject to verification with local zoning regulations. Investment Highlights 7-unit multifamily property Unit mix: 6 one-bedroom apartments, 1 efficiency Located in rapidly developing West Kensington Surrounded by new multifamily construction and luxury residential development Value-add opportunity through rent increases Potential development upside through vertical expansion (buyer to verify) Strong rental demand in a centrally located Philadelphia neighborhood Showings: Please allow 24–48 hours’ notice to coordinate access to the maximum number of units. Financials available upon request.
Listing Highlights
Status
Active
Days on Site
145
Property Type
Commercial Sale
MLS ®
PAPH2592362
Year Built
1910
Total Square Footage
0
Lot/Acreage
0.03
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric
- 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: 18.00 x 80.00
- Zoning: CMX2
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $7,418
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
175 W Berks St Philadelphia, PA 19122
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