Active
638 South St
Philadelphia PA, 19147
$1,899,000
$303.45 per sqft
Active
4 Beds
6,258 sqft
Other
Built in 1920
Welcome to 638 South Street! Located on one of Philadelphia's most popular and well known streets, you don't want to miss out on this investment opportunity. This building includes a retail store front and 4 residential, two bedroom apartments. This amazing cash producing investment opportunity is fully occupied currently producing over a 6.4% cap rate! The retail space includes a half bathroom and a basement for storage. Two of the apartments face South Street, and the other two apartments face Kater Street. The apartments are located on the second and third floors of the building and all have separate entrances. The residential apartments include recessed living room lighting, beautiful hardwood floors in the living/kitchen area, stainless steel kitchen appliances, great natural light, and ceiling fans in the bedrooms. The units each have central air/heat controlled with a Nest thermostat, an in-unit washer/dryer set, dishwasher, and separate utilities. Residents will find themselves experiencing all that South Street has to offer. Only a short walk or distance away from some of the most popular attractions in the area including, markets, parks, museums, cafes & restaurants, shops, nightlife, and more! Visit Penn's Landing and its many piers or the Liberty Bell in Philadelphia which are both nearby. There is plenty of public transportation nearby, including buses, trains, and subways, which take you anywhere you'd like to go in Philadelphia and the surrounding area. Don't miss out on this great investment opportunity!
PAPH2377130
MLSⓇ ID
July 16, 2024
Listed
October 2, 2024
Updated
Map
638 South St
Philadelphia PA, 19147
Interior Features
Bedrooms
4
Appliances
Electric Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.05 Acres
Architectual Style
Traditional
Sewer
Public Sewer
School Information
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Other Property Details
Area Name
PHILADELPHIA
Taxes
$16,791
Tax Frequency
Annually
Days on Market
53
Garage
No
Parking
On Street
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by Becker Capital, LLC
Listing Contact: 4452273555
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Data last updated on 10/2/2024 at 8:12 PM UTC