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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 ðŸ› ï¸ 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 |
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YEAR BUILT | 1915 | COMMUNITY | 19147 (19147) |
COUNTY | PHILADELPHIA | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
School District | Philadelphia City |
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ADDITIONAL DETAILS | |
AIR | Gas, None |
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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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