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1686 HARRISON STREET

PHILADELPHIA , PA 19124

MLS#: PAPH2529392

$330,000

Status: Active
Listing number: PAPH2529392
Listing provided by: Trophy Commercial Real Estate LLC
Listing agent phone: None
Last update: 27 days ago
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Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1940

Sq.Footage

2,240

1686 Harrison Street, a stabilized five-unit multifamily asset located in the Holmesburg section of Northeast Philadelphia. This well-maintained walk-up offers a balanced mix of tenant affordability and durable in-place cash flow, making it an attractive investment for first-time buyers or seasoned operators seeking low-maintenance yield. Priced at just $66,000 per unit, the asset provides strong day-one returns and the opportunity for future upside through light operational enhancements and rent adjustments. This property offers reliable returns and low-friction management. INVESTMENT HIGHLIGHTS: - Fully occupied and cash flowing at acquisition -Operating expenses at just 34.9% of income -Gross income of $44,460/ year with potential for modest rent increases -CAP Rate: 8.51% with Cash-on-Cash Return of 8.12% -Walking distance to SEPTA transit, retail, and regional employment

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2240.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street, Parking Lot

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $330,000

  • Tax Amount

    3282.0

  • Sq. Footage

    2, 240

  • Price/SqFt

    $147

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    56

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Saam Tashayyod , Trophy Commercial Real Estate LLC

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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1686 Harrison Street, a stabilized five-unit multifamily asset located in the Holmesburg section of Northeast Philadelphia. This well-maintained walk-up offers a balanced mix of tenant affordability and durable in-place cash flow, making it an attractive investment for first-time buyers or seasoned operators seeking low-maintenance yield. Priced at just $66,000 per unit, the asset provides strong day-one returns and the opportunity for future upside through light operational enhancements and rent adjustments. This property offers reliable returns and low-friction management. INVESTMENT HIGHLIGHTS: - Fully occupied and cash flowing at acquisition -Operating expenses at just 34.9% of income -Gross income of $44,460/ year with potential for modest rent increases -CAP Rate: 8.51% with Cash-on-Cash Return of 8.12% -Walking distance to SEPTA transit, retail, and regional employment

1686 HARRISON STREET

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