Investments Sales Management

Other

612-14 S 4TH STREET

PHILADELPHIA , PA 19147

MLS#: 1003650363

$3,250,000

Status: Closed
Listing number: 1003650363
Listing provided by: BHHS Fox & Roach-Center City Walnut
Listing agent phone: None
Last update: 2 years ago
Browse Properties
QUEEN VILLAGE - Residential Income

Property

Beds

11

Full Baths

None

1/2 Baths

None

Year Built

1918

Sq.Footage

7,494

Location, Location, Location!! This high traffic, double wide 7500 square foot Queen Village building spans from 4th Street to Leithgow Street and contains eight high end completely renovated apartments (four two bedrooms, and four bi level one bedrooms) and 2 commercial spaces with credit tenants, with long term leases ( currently the UPS store and a Nail salon), all completely rented.This building offers a True 6% cap rate, and a much higher cash on cash return than having your money in the bank, with upside every year. These spaces were gut renovated in 2014-2015 and equipped with high end everything including hardwood floors, granite, stainless and cherry kitchens, gorgeous designer tile bathrooms, central air conditioning, multiple fiberglass roof decks, video intercoms, and the entire buildings are sprinklered and alarmed. There is a private, gated entrance for the tenants on Leithgow Street, and the stores have multiple means of egress. All of the utilities are separated and the responsibility of the tenants including water. The ten year tax abatement runs until August 2024. Please check the documents section for more detailed financial income and expense information. Leases available upon request.

Features & Amenities

Interior

  • Total Bedrooms

    11

  • Bathrooms

    N/A

  • Above Grade Finished Area

    7494.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $3,250,000

  • Tax Amount

    10218.0

  • Sq. Footage

    7, 494

  • Price/SqFt

    $433

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Michael R. McCann , BHHS Fox & Roach-Center City Walnut

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Location, Location, Location!! This high traffic, double wide 7500 square foot Queen Village building spans from 4th Street to Leithgow Street and contains eight high end completely renovated apartments (four two bedrooms, and four bi level one bedrooms) and 2 commercial spaces with credit tenants, with long term leases ( currently the UPS store and a Nail salon), all completely rented.This building offers a True 6% cap rate, and a much higher cash on cash return than having your money in the bank, with upside every year. These spaces were gut renovated in 2014-2015 and equipped with high end everything including hardwood floors, granite, stainless and cherry kitchens, gorgeous designer tile bathrooms, central air conditioning, multiple fiberglass roof decks, video intercoms, and the entire buildings are sprinklered and alarmed. There is a private, gated entrance for the tenants on Leithgow Street, and the stores have multiple means of egress. All of the utilities are separated and the responsibility of the tenants including water. The ten year tax abatement runs until August 2024. Please check the documents section for more detailed financial income and expense information. Leases available upon request.

612-14 S 4TH STREET

Message successfully sent.

What would you like to know?

Related Properties

On behalf of ownership, The TCS Group is pleased to present the exclusive opportunity to acquire the fee simple interest in 707 Chestnut Street — home to Jefferson Flats, a boutique collection of five well-appointed two-bedroom apartments located in the heart of Center City Philadelphia. The property also features 4,200 square feet of prime ground-floor retail space, currently leased to an established restaurant operator with a newly extended lease. An additional 4,546 square feet of commercial space spans the second and third floors, offering flexible potential for various future uses. This offering presents new ownership with a compelling value-add opportunity. With modest upgrades to the building’s common areas and light cosmetic enhancements to the residential units, there is strong potential to increase rental income. Moreover, a strategic approach to activating and monetizing the upper-level commercial space can unlock significant additional cash flow for an incoming investor.
#PAPH2485058

PHILADELPHIA

707 CHESTNUT STREET

10 Beds

None Baths

25,374 Sq.Ft.

$3,000,000

MLS#: PAPH2485058

307 S. Chadwick Street is a rare chance to own a masterfully designed duplex tucked on one of Center City’s most charming, historic blocks. Once a 19th-century carriage house, this architect-owned residence was transformed over five decades by Frank Weise into a bold statement of mid-century and postmodern design. The striking façade fuses a Kahn-inspired brick center with a dramatic copper-clad mansard roof and cantilevered metal cornice—where even utilitarian features like the original hoisting boom double as sculpture. Restored and updated by Weise’s heirs, this home is both a time capsule and a modern masterpiece. Configured as a duplex with separate entrances, the lower unit—Weise’s former studio—spans three levels plus a basement. Soaring 16’ ceilings, slate floors, a floating staircase, and the iconic honeycomb window wall make this space unforgettable. A kitchenette and half bath add flexibility for creative or live/work use. Upstairs, the private residence is a sun-drenched sanctuary with dramatic volumes, a chef’s kitchen, guest bedroom, and a top-floor primary suite offering 360° views of the city skyline. The upper lounge includes laundry and access to a potential roof deck. With three bedrooms, 1.5 baths, and a private carport, this one-of-a-kind home offers style, function, and flexibility just steps from Rittenhouse Square. A true architectural gem—perfect for live/work, multigenerational living, or a savvy investor.
#PAPH2489116

PHILADELPHIA

307 S CHADWICK STREET

3 Beds

None Baths

2,698 Sq.Ft.

$3,300,000

MLS#: PAPH2489116

Magnificent opportunity to own a Rittenhouse Square brownstone 9-unit apartment building in amazing condition! Located at one of the best corners in Rittenhouse, 18th & Spruce. One block to the Square, 50 yards away form Rittenhouse Market, 100 yards away from Starbucks. The units are under rented so there is room for increases plus separate utilities. Property is updated throughout with gorgeous original details. The property runs to street to street, to Manning Street. There is a one car car-port on the manning street side of the building. *Bonus -There is also a common elevator that can be repaired and brought back to life! It is not currently being used but would add a ton of value to the building. 5 (2) bedroom units and 4 (1) bedroom units. Could also be an amazing condo conversion!! These building do not become available often at a location like this. Taxes and square footage is the responsibility of the buyer to have verified.
#PAPH2466826

PHILADELPHIA

1723 SPRUCE STREET

14 Beds

None Baths

6,970 Sq.Ft.

$2,890,000

MLS#: PAPH2466826

Located in the lively Pennsport neighborhood of Philadelphia, 1632-1638 S 2nd Street presents a collection of four contemporary luxury townhomes thoughtfully designed for modern living. These brand-new residences, built by one of the city's premier developers, showcase meticulous craftsmanship and attention to detail throughout. Each home spans over 2,400 square feet, offering 4 generously sized bedrooms, 4 full bathrooms, a finished basement, and a spacious 2-car garage complete with Tesla charging capabilities. Upon entry, the towering exteriors lead into light-filled foyers with direct access to the garages via rear entrances. The heart of each home lies on the main level, where sleek, open-concept layouts are accentuated by hardwood floors, oversized windows, and recessed lighting. At their centers, modern chef's kitchens boast high-end Bosch stainless steel appliances, substantial islands with seating, and custom cabinetry complemented by striking green subway tile backsplashes. Adjacent, the dining areas and living rooms open to private terraces, creating inviting indoor-outdoor flow. On the upper levels, the homes continue to impress with thoughtfully designed spaces. The primary suites, located at the rear of the third floors, feature private terraces, expansive walk-in closets, and spa inspired bathrooms outfitted with soaking tubs, glass-enclosed showers, and double vanities. Additional bedrooms, each with ample light and en-suite bathrooms, provide flexibility for guests or growing families. The finished basements expand the living spaces further, ideal for media rooms, home gyms, or offices. Finally, rooftop decks crown these exceptional homes, offering panoramic skyline views perfect for entertaining or quiet reflection. Located steps from Dickinson Square Park, with its farmer's market and recreational facilities, these homes are surrounded by conveniences. Neighborhood favorites like Grindcore House and Moonshine Philly are just a short walk away, while essential retail destinations like Target, Acme, and Ikea are minutes from your door. With easy access to public transit, major highways, and South Jersey, this collection at 1632-1638 S 2nd Street blends modern luxury with urban convenience. All units are currently rented. Additional information available on request.
#PAPH2431958

PHILADELPHIA

1632-1638 S 2ND STREET

None Beds

None Baths

10,620 Sq.Ft.

$3,400,000

MLS#: PAPH2431958

Newly constructed multifamily building in University City, just steps from Drexel and UPenn. This fully leased property offers 11 apartments with 33 bedrooms and 33 bathrooms over 1,500 SF of retail space. Each unit features private bathrooms, large living areas, and modern finishes. 10-year tax abatement. With an annual gross income of $304K, operating expense of $44K, and net income (NOI) of $260K, this property offers a strong 7.2% cap rate. Ideal for investors seeking a turnkey asset in a prime, high-demand location — UCITY — the fastest-growing rental submarket in Philadelphia, a Top-10 USA MSA (population) and Top-5 USA MSA for Life Sciences. The Eds & Meds economy powers this district and provides the community with insatiable, perennial rental demand, insulating investment properties for years to come.
#PAPH2423062

PHILADELPHIA

619 N 35TH STREET

30 Beds

None Baths

13,822 Sq.Ft.

$3,600,000

MLS#: PAPH2423062

Historic Six-Unit Trophy Property in the Heart of Fairmount Presenting 1516 Green Street, a rare opportunity to acquire a trophy multifamily asset on one of the most architecturally significant and sought-after blocks in the 19130 zip code. Nestled in the heart of Fairmount, this stately six-unit building features a striking Italian-imported marble façade, a spacious front porch, and a private rear yard — all contributing to its timeless curb appeal. The building is situated on a 2,456 SF lot with 25 feet of frontage along beautiful Green Street, surrounded by tree-lined sidewalks and historic townhomes. The building is approximately 6,450 SF. Unit Breakdown: (2) expansive 4-bed, 3-bath bi-level units (lower and ground levels) (4) well-appointed 2-bed, 1-bath units (second and third floors) All units feature spacious layouts, modern finishes, high ceilings, and thoughtful renovations that preserve the property’s historic charm. The building is fully occupied by quality tenants, offering strong in-place cash flow and long-term upside. Prime Location: Located just blocks from Broad Street and Spring Garden, with walkable access to public transit, cafes, gyms, restaurants, and cultural institutions. The Art Museum, Kelly Drive, and Center City are all just minutes away. Whether you're a seasoned investor or an owner-user seeking a legacy asset in one of Philadelphia’s most coveted neighborhoods, 1516 Green Street offers a unique opportunity to own a piece of architectural history with income-producing potential.
#PAPH2525602

PHILADELPHIA

1516 GREEN STREET

14 Beds

None Baths

6,450 Sq.Ft.

$2,950,000

MLS#: PAPH2525602

None
#PAPH2516294

PHILADELPHIA

1235 VINE STREET 37

24 Beds

None Baths

12,029 Sq.Ft.

$3,400,000

MLS#: PAPH2516294

NEW CONSTRUCTION multi-family asset just off Temple University Campus and Norris Square. Four story corner lot building. 11,360 SF and 11 spacious units in total with condo level finishes. Unit mix consists of 6 one bedrooms, 3 two bedrooms, 1 two bedroom + den, and 1 three bedroom. Shared roof deck, mail and package room, interior bicycle storage, private balconies, individual apartment storage units in the basement along with mechanicals and owners storage. Building entry controlled by Swiftlane smart intercom. 10 year tax abatement. Please reach out to listing agent for pro forma financials.
#PAPH2472958

PHILADELPHIA

809 DIAMOND STREET

17 Beds

None Baths

11,360 Sq.Ft.

$2,850,000

MLS#: PAPH2472958

7 unit aptartment building in a great location in the Francisville neighborhood with 7 PARKING SPOTS under a carport with direct access to the building from the carport. Built in 2018, fully rented. There are long term leases in place for some of the units. There are 6 2br units and 1 one bedroom unit. The 2 br's have two baths, the one bedroom has 1 bath. Central air. The washers and dryers are in the 2 br units and the 1 br unit. No work needed. The pictures are representative of one 2 br unit which all other 2 br units are the same except the 2nd floor units have a balcony. The parking is rare in this neighborhood and attracts tenants. There is a tax abatement still in place. One block off of Ridge ave shopping area and transportation. The building is all electric, no gas.
#PAPH2469810

PHILADELPHIA

907 LELAND STREET

13 Beds

None Baths

10,932 Sq.Ft.

$2,600,000

MLS#: PAPH2469810

Discover a property that sparks the imagination and offers endless possibilities. This iconic Fishtown building, with its rich history and modern updates, is a true gem. Constructed between 1845 and 1860 during the Civil War, it was founded by Anthony Atwood S.S. and Robert H. Pattison as Siloam Methodist Church. Standing over 60 feet tall, the solid stone structure boasts 128 solar panels on the roof, installed in 2013. These panels generate 34,000-36,000 kilowatts annually, covering most of the building's electric bill. The solar system includes four inverters in the basement and primarily powers the main unit. The exterior features a charming courtyard with stamped concrete paving, a 22-foot electric door, 2-3 parking spaces, and an 8-foot white cedar fence providing security and privacy. The interior is equally impressive. The stunning entrance features grand mahogany staircases leading to the upper floors. The first floor includes a photography studio, kitchen, lounge area, makeup corner, and full bathroom in a wide-open loft space. The sanctuary, with a 35-foot ceiling and stained glass windows, is vibrant and full of potential, though still unfinished. The third floor, the owner's unit, combines old-world charm with modern design, including salvaged doors, a unique three-sink vanity, and a stained glass shower stall. Two large bedrooms and a custom-built dressing room complete the space. The full basement offers 3,500 square feet with 10-foot ceilings, a kitchenette, two bathrooms, and ample storage. The property also includes two additional loft apartments, each with separate electric and gas meters, large kitchens, bathrooms, shared laundry, and private entrances. Units rent for $2,000 and $2,500 monthly, with the main studio available for $1,400 daily. Recent renovations include a new roof (2023), new downspouts (2022), and mechanical upgrades. The sanctuary has been demoed and plastered, with the balcony converted into bedrooms, a bathroom, laundry room, and dressing room. Six HVAC units heat and cool the various spaces, ensuring comfort throughout. The stellar location offers easy access to local restaurants, bars, and shopping. Local favorites like Green Eggs Cafe, Riverwards Produce, Suraya, La Colombe, LMNO and so many more. Not to mention, it's located in The Adaire School catchment, easy 1-95 access to Center City Philly, NJ and NYC. Don’t miss this unique opportunity to own a piece of Philadelphia's history!
#PAPH2381902

PHILADELPHIA

1345 E SUSQUEHANNA AVENUE

4 Beds

None Baths

17,500 Sq.Ft.

$3,200,000

MLS#: PAPH2381902

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here