4147 Paul Street, Philadelphia, PA 19124-4607 $400,000

# of Units: 4
Interior Sq. Ft: 1,809
Acreage: 0.05
Age:100 years
Taxes: $2,546
MLS#: PAPH2457536
Subdivision: Frankford
Design/Type:
Twin/Semi-Detached

Description

Multi-Family Investment Opportunity – Fully Occupied Except One Unit! This well-maintained multi-family property is an excellent investment opportunity, offering steady rental income with significant potential for increased returns. Conveniently located, the building features four units, three of which are currently occupied by reliable tenants. Here’s what makes this property a must-see: 1st Floor Unit Spacious 2-bedroom apartment with access to a private yard. Long-term tenant (6 years) paying $800/month – well below market value, presenting an opportunity to increase rent upon lease renewal. Meticulously cared for by the tenant, with original hardwood floors adding character and charm. 2nd Floor Units Back Unit: Renovated 1-bedroom apartment with updated finishes throughout (except the shower stall), rented at $800/month. Front Unit: Efficiency unit rented at $700/month. Clean and functional, but offers an opportunity for a cosmetic facelift to increase rental value. 3rd Floor Unit 1-bedroom apartment fully renovated in 2019, featuring fresh paint and updated light fixtures. Currently vacant, offering immediate rental potential or an option to convert into a 2-room unit to maximize income. Key Features: Consistent rental income from long-term tenants. Renovation potential to boost rents and overall property value. Flexibility to adjust layouts and maximize returns. This property combines stable cash flow with opportunities for value-add improvements. Don’t miss your chance to capitalize on this income-generating asset!

Taxes: $2,546
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Hot Water & Baseboard - Electric Heating, Electric, Window Unit(s) Cooling, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, 200+ Amp Service, Cable TV, Utilities - Phone

Garage/Parking
On Street

Interior
Unfinished Basement, Carpet Flooring, Luxury Vinyl Plank Flooring

Exterior
Concrete Perimeter Foundation, Masonry

Contact Information

Listing Courtesy of: EXP Realty, LLC , (888) 397-7352

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Listing data as of 3/16/2025.