Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
3,750
Fully renovated 6-unit multifamily offering great cash flow and a strong cap rate rarely found in today's market. Approximately $96,600 gross scheduled income and $72,000 NOI deliver an 8.5%+ cap rate and 10%-12% cash-on-cash potential with conventional financing. The unit mix includes four (4) 1BR/1BA, one (1) 2BR/1BA, and one (1) 3BR/1BA — all featuring brand new construction with designer finishes throughout, delivering a turnkey asset that tenants are eager to call home. Location is a standout. Set on a quiet block surrounded by green, park-like open space, the property offers a peaceful residential feel while keeping tenants connected to the city. Major SEPTA bus routes are just steps from the front door, making commutes effortless. Ample on-street parking is consistently available day and night — a meaningful amenity that adds to tenant satisfaction and retention. 1-bedroom units have proven exceptionally easy to lease, with rental rates trending upward and continued demand showing no signs of slowing. Pro Forma available in listing documents. Whether you're a seasoned investor expanding your portfolio or entering the Philadelphia multifamily market, 3206 W Dauphin delivers the trifecta: new construction quality with exceptional design, strong income, and a location that keeps units leased. Don't miss this opportunity! FULL 10 YEAR TAX ABATEMENT. Agent has financial interest.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Window Unit(s), Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Electric, Forced Air, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.06
-
Lot Size(square feet)
2,753
-
Property Type
Commercial Sale
Price
-
Sales Price
$835,000
-
Tax Amount
$3,397
-
Financing Options
Cash, Other, VA, Conventional
-
Sq. Footage
3,750
-
Price/SqFt
$222
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
4
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
15
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of William Taylor Hannum , KW Empower
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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