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Listed by ERIC Dvotsky • BHHS Fox & Roach-Center City Walnut
$ 1,150,000
Est. payment /mo
Price Dropped by $75K
825 N 41ST ST Philadelphia, PA 19104
1,630 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Belmont
MLS Listing ID PAPH2590302
Year Built 1915
Annual Tax Amount $2,798
Tax Year 2025
Lot Size 1,630 Sqft
Acres 0.04
Lot Dimensions 17.00 x 96.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Located in Philadelphia's rapidly evolving Belmont neighborhood, 825 N 41st St is a recently renovated six-unit multifamily asset offering a fully stabilized, turnkey investment opportunity in one of West Philadelphia's most promising growth corridors. The property consists of six one-bedroom, one-bathroom units, all fully occupied and thoughtfully updated with modern finishes, including stainless steel appliances, hardwood-style flooring, tiled backsplashes, contemporary fixtures, and renovated kitchens and bathrooms, providing residents with comfortable, modern living while minimizing near-term capital expenditures for ownership. Subsidized tenants are currently in place, delivering reliable rental income and additional stability for investors. The building is in excellent condition and generates a strong in-place cash flow of $85,365 a year, making it an attractive income-producing asset. Strategically located just minutes from Drexel University's continued westward expansion, ongoing institutional investment, and the growing economic influence of University City, the property benefits from increasing rental demand driven by students, professionals, and healthcare employees seeking convenient access to Center City, major employment hubs, and nearby access to all major highways, including I-76. With strong occupancy, modern upgrades, dependable income, and positioning within a rapidly revitalizing neighborhood experiencing continued residential and mixed-use development, 825 N 41st St represents a compelling opportunity to acquire a stabilized, cash-flowing asset with long-term appreciation potential in one of West Philadelphia's emerging investment markets.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 062244200
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
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