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PRICE $3,250,000 dsIDX morgage calculator
SIZE 6,756 sqft
LOT SIZE 6,970 sqft

A fantastic opportunity to acquire this newly renovated apartment building. Centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia. In a tight geographic area ideal for management and enhanced economies of scale. In a red-hot neighborhood with some under-valued rents and significant capital appreciation opportunity. Professionally managed package (property manager can remain, at buyer's option). An advantageous investment opportunity in a rapidly improving West Philadelphia neighborhood, close to all amenities, public transportation, "the El" Market-Frankford Line, and the Cobb Creek Trail, just minutes away. Other developments include a $65 million commitment by the city of Philadelphia, The Cobbs Creek Foundation, and The TGR Foundation (founded by Tiger Woods) to revamp the existing golf course (Philadelphia's oldest course), enhance the public space, and create an educational campus for local youth. The Cobbs Creek Environmental Center has also planned significant improvements. The building consists of 18 Apartments: "2"x 2-bedrooms, "16" x 1-bedroom apartments. All Apartments are newly renovated and have newer kitchens, baths, ceiling fans, 100 Amp. Electric Service, Hook-ups for Washer/ Dryers (some Micro Waves & Washer/Dryers are already installed. All utilities are separate, except water; 24-hour video monitoring and WiFi. Each Unit has 3 PTACs, some have more. Package Terminal Air-Conditioners. They provide Central Heat & Air-Conditioning Power by electricity, paid by each residence. Each residence can set their units to their comfort zone, hot or cold. Lobby entrance has a keyless call box that allows family and deliveries entry without leaving your unit, with a touch of your cell phone. Basement is full-sized, offering plenty of storage space with an office and a bathroom.

DAYS ON MARKET 55 LAST UPDATED 5/18/2025
TRACT COBBS CREEK YEAR BUILT 1910
COMMUNITY 19143 (19143) COUNTY PHILADELPHIA
STATUS Active PROPERTY TYPE(S) Commercial

SCHOOLS
School District THE SCHOOL DISTRICT OF PHILADELPHIA


ADDITIONAL DETAILS
AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
AREA 19143 (19143)
BASEMENT Crawl Space
HEAT Central, Electric
LOT 6970 sq ft
LOT DIMENSIONS 60.00 x 113
PARKING On Street
SEWER Public Sewer
STORIES 3
SUBDIVISION COBBS CREEK
TAXES 26253
WATER Public
ZONING RM!
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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