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PRICE $550,000 dsIDX morgage calculator
SIZE 1,798 sqft
LOT SIZE 1,307 sqft

Rarely Offered Pennsport Quadplex - Cash Flow + Value-Add Opportunity! 🔥 Discover this cash-flowing 4-unit multifamily building on the iconic "2 Street" in Pennsport, one of South Philadelphia's most desirable and fastest-growing neighborhoods. Property Highlights: 💰 Legal Quadplex - Zoned for 4 units, with 4 active rental licenses in hand 🛠️ Value-Add Upside - Currently configured as 5 units (2 fully renovated, 2 with long-term month-to-month tenants paying below-market rents) 🚪 Bonus 5th Unit - Endless potential! Option 1: Use as management office, tenant laundry, or storage space Option 2: Combine 2 units to create a larger premium rental within quadplex zoning At just $137,000 per unit, this property is well below replacement cost and offers significant upside through renovations and rent increases. Once fully updated, this building easily supports a projected value north of $800,000+. Perfect for both buy-and-hold investors and value-add multifamily operators, this is a rare chance to own a stabilized asset in one of Philadelphia's most vibrant neighborhoods"”steps from restaurants, shops, parks, and public transit. ✅ The numbers work. ✅ Prime location. ✅ Tons of upside. Bring your offers and start building wealth today!

DAYS ON MARKET 0 LAST UPDATED 10/18/2025
YEAR BUILT 1915 COMMUNITY 19147 (19147)
COUNTY PHILADELPHIA STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District Philadelphia City


ADDITIONAL DETAILS
AIR Gas, None
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
AREA 19147 (19147)
HEAT Heat Pump, Natural Gas
LOT 1307 sq ft
PARKING On Street
SEWER Public Sewer
TAXES 2910
WATER Cistern
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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