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Celinda Iaboni

celinda.joinreal@gmail.com +1(631) 786-9603

Listed by Dan Deckelbaum • KW Empower

$ 490,000

Est. payment | -/mo

3,366 SqFt

Save

$ 490,000

Est. payment | -/mo

Save

3,366 SqFt

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,366 sqft

Price per Sqft $145

Subdivision Haddington

MLS Listing ID PAPH2614764

Style Other

Abv Grd Liv Area 2,616

Year Built 1914

Annual Tax Amount $3,831

Tax Year 2025

Lot Size 4,500 Sqft

Acres 0.1

Lot Dimensions 20.00 x 225.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

211 N 63rd is a rent ready, turn key, 5-unit multifamily building offering immediate income potential in West Philadelphia's Cobbs Creek/Haddington corridor. The property features two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, with all five units currently operating as a furnished mid-term rental program generating approx $7,500 per month. For investors seeking a traditional multifamily model, the property also offers a long-term rental pro forma of approximately $5,900 per month, or $70,800 annually. With no long-term leases to assume, the next owner has flexibility from day one.

The building has been thoughtfully updated with a new roof, updated mechanical systems, updated kitchens and bathrooms, and design-forward common areas. The units are fully furnished and rent-ready under the current rental program, allowing for a seamless transition for an investor looking to continue the existing operation. There is also a 225' deep lot which allows potential development to add additional units, subject to buyer verification of zoning and approvals.

Located just blocks from the Market-Frankford Line at 63rd and Market Station, the property offers convenient access to Center City, University City, Drexel, Penn, CHOP, and surrounding employment and education hubs. This an attractive option with heavy cash flow relative to other options perfect for yield-focused investors, conventional multifamily operators, or developers looking for future upside.

Available individually or as part of a package with 207 N 63rd Street, a 7-unit property listed separately for $685,000. Tours by appointment with 48 hours' notice.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RM1

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 2616

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 341267500

Ownership Fee Simple

SqFt Source 3366

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

211 N 63RD ST Philadelphia, PA 19139

Celinda Iaboni

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

211 N 63RD ST