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2427 BROWN STREET

PHILADELPHIA, PA 19130

MLS#: PAPH2611022

$725,000

Status: Active
Listing number: PAPH2611022
Listing provided by: BHHS Fox & Roach-Center City Walnut
Listing agent phone: None
Last update: 16 days ago
On site: 25 days ago
Browse Properties
ART MUSEUM AREA - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

2,808

7 CAP INVESTOR ALERT!!!!!!! - 2427 Brown Street presents a prime location, fully leased, all residential triplex in the heart of Fairmount, one of Philadelphia’s most desirable and consistently strong rental markets. This well-maintained, corner property, legally zoned 3-family dwelling spans approximately 2,800 square feet and features an efficient unit mix of two one-bedroom units and one two-bedroom unit, appealing to a broad tenant base. Unit 1 is a 1 bed / 1 bath currently rented for $1,838 per month with a lease expiration of 5/31/2027, Unit 2 is a 1 bed / 1 bath rented for $1,885 per month with a lease expiration of 5/31/2027, and Unit 3 is a 2 bed / 1 bath rented for $1,849 per month with a lease expiration of 5/31/2027, bringing the total gross monthly rent to $5,572. Each unit offers bright, open layouts with excellent natural light and the convenience of in-unit laundry, supporting strong tenant retention and long-term rental performance. The property is 100% occupied with stable tenancy in place, providing immediate cash flow with minimal turnover risk. Constructed of solid brick with a full basement, the building has been well cared for and operates with straightforward expenses, making it a true turnkey asset with additional upside potential. Located just steps from Fairmount Avenue, the Art Museum, and major Center City access points, the property benefits from exceptional walkability, consistent tenant demand, and strong long-term appreciation potential, making it an ideal acquisition for both seasoned investors and those looking to enter the multifamily market in a prime location.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2808.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Wall Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1233.0

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Other

Price

  • Sales Price

    $725,000

  • Tax Amount

    $9,381

  • Sq. Footage

    2, 808

  • Price/SqFt

    $258

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    181

  • Water Source

    Public

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Listing Courtesy of Frank L DeFazio , BHHS Fox & Roach-Center City Walnut

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Agent Todd Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Todd Polinchock

Call Todd today to schedule a private showing.

(267) 980-3930

todd@tntrealestatesolutions.com


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7 CAP INVESTOR ALERT!!!!!!! - 2427 Brown Street presents a prime location, fully leased, all residential triplex in the heart of Fairmount, one of Philadelphia’s most desirable and consistently strong rental markets. This well-maintained, corner property, legally zoned 3-family dwelling spans approximately 2,800 square feet and features an efficient unit mix of two one-bedroom units and one two-bedroom unit, appealing to a broad tenant base. Unit 1 is a 1 bed / 1 bath currently rented for $1,838 per month with a lease expiration of 5/31/2027, Unit 2 is a 1 bed / 1 bath rented for $1,885 per month with a lease expiration of 5/31/2027, and Unit 3 is a 2 bed / 1 bath rented for $1,849 per month with a lease expiration of 5/31/2027, bringing the total gross monthly rent to $5,572. Each unit offers bright, open layouts with excellent natural light and the convenience of in-unit laundry, supporting strong tenant retention and long-term rental performance. The property is 100% occupied with stable tenancy in place, providing immediate cash flow with minimal turnover risk. Constructed of solid brick with a full basement, the building has been well cared for and operates with straightforward expenses, making it a true turnkey asset with additional upside potential. Located just steps from Fairmount Avenue, the Art Museum, and major Center City access points, the property benefits from exceptional walkability, consistent tenant demand, and strong long-term appreciation potential, making it an ideal acquisition for both seasoned investors and those looking to enter the multifamily market in a prime location.

2427 BROWN STREET

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