274 S 58TH STREET 76
PHILADELPHIA , PA 19139
MLS#: PAPH2599014
$795,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
N/A
274-276 Street offers the opportunity to acquire a fully renovated six-unit building in the Cobbs Creek section of West Philadelphia. The property was originally built in 1925 and underwent a full renovation in 2021, resulting in six updated two-bedroom units with practical layouts and modern interior finishes that continue to perform well with today’s rental demand. There is additional value-add potential through the introduction of laundry, either within each unit or as a shared amenity, creating an avenue for increased revenue and improved tenant retention. The location is highly accessible, situated just a short walk to the Market-Frankford Line, allowing for easy connectivity across the city. The surrounding area has seen consistent rental demand driven by nearby parks, neighborhood retail, and convenient access to public transportation. The property may also be positioned for voucher-based tenants, including PHA programs, subject to buyer verification. This is a stabilized asset with recent capital improvements and clear upside, making it a strong candidate for investors seeking both current income and long-term growth in West Philadelphia.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.09
-
Property Type
Commercial Sale
Price
-
Sales Price
$795,000
-
Tax Amount
$6,964
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
23S8
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Joseph M. Loonstyn Jr. , Scope Commercial Real Estate Services, Inc.
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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