$279,900
 $1,503 est/mo Sourced by Back At You

4628 Penn St,PHILADELPHIA, PA 19124

PHILADELPHIA, PA 19124

Share:

PreviousNext

Description

Attention Investors: Turnkey, Fully Occupied Triplex!4628 Penn Street is a fully renovated, 100% occupied triplex generating $3,225/month ($38,700/year) in gross rental income. All units have separate gas and electric utilities paid directly by the tenants, reducing owner-paid expenses.The property generated 2025 NOI of $21,208.41, representing approximately a 7.6% cap rate at the $279,900 asking price. The property also features a coin-operated washer and dryer in the basement, providing an additional income stream.Unit Breakdown:Unit 1: 2 beds, 1 bath - $1,250/month with private backyard accessUnit 2: 2 beds, 1 bath - $1,150/monthUnit 3: 1 bed, 1 bath - $825/monthAll three units are occupied under fixed-term leases. With renovations complete and tenants already in place, the next owner can acquire a stabilized, income-producing multifamily property without a major upfront renovation or initial lease-up.Offered at $279,900. Schedule your private tour today.

Details

MLS #PAPH2665396
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1940
Days On Site43
Listing Provided ByBHHS Fox & Roach-Jenkintown | christian washington

Features

SQ Feet2,910
BasementY
Story(s)3
Units3
ZoningRM1
Acreage0.06

Interior

Rooms Total14
CoolingNone
Heating Yes / NoYes
HeatingForced Air

Exterior

RoofFlat
Construction MaterialsBrick Front, Brick
Foundation DetailsConcrete Perimeter

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount3096

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19124
Area19124 (19124)
Community NameFRANKFORD
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in FRANKFORD)
Price:
$279,900
low | high
Med:
$169,950
89.282065023223% of Average
sqft:
2,910
low | high
Med:
1,012
100% of Average
$ / sqft:
$96
low | high
Med:
$168
24.650219185224% of Average
On site:
43
low | high
Med:
39.5
100% of Average
Sourced by Back At You

Market Activity 19124

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Class Harlan Real Estate at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

Contact

Learn More About This Property

Tim Murphy

Tim Murphy

Class Harlan Real Estate

 (267) 769-9682timmurphycares@gmail.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19124
Area19124 (19124)
Community NameFRANKFORD
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in FRANKFORD)
Price:
$279,900
low | high
Med:
$169,950
89.282065023223% of Average
sqft:
2,910
low | high
Med:
1,012
100% of Average
$ / sqft:
$96
low | high
Med:
$168
24.650219185224% of Average
On site:
43
low | high
Med:
39.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $209K - $349K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
1516 ARROTT ST Property Photo 1
$235,000
1516 Arrott St
Philadelphia, PA 19124
Listing Updated: September 28, 2026 at 11:48:38 PM PDT