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Celinda Iaboni

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

Listed by Dan Deckelbaum • KW Empower

$ 685,000

Est. payment | -/mo

4,732 SqFt

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$ 685,000

Est. payment | -/mo

Save

4,732 SqFt

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,732 sqft

Price per Sqft $144

Subdivision Philadelphia (West)

MLS Listing ID PAPH2614748

Style Other

Abv Grd Liv Area 4,732

Year Built 1925

Annual Tax Amount $740

Tax Year 2005

Lot Size 5,625 Sqft

Acres 0.13

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

207 N 63rd Street is a turn key, rent ready 7-unit multifamily building offering strong in-place income with additional development upside in West Philadelphia's Cobbs Creek/Haddington corridor. The property features two 2-bedroom, 1-bath units and five 1-bedroom, 1-bath units, with all seven units currently operating as a furnished mid-term rental program generating $10,300 per month gross income. For investors seeking a traditional multifamily model, the property also offers a long-term rental pro forma of approximately $8,100 per month. With no long-term leases to assume, the next owner has flexibility to continue the existing operation or transition the building to conventional multifamily use.

The building has been thoughtfully updated with a new roof, updated mechanical systems, finished kitchens, updated bathrooms, and design-forward accent finishes throughout. The units are fully furnished and rent-ready under the current boutique rental program, creating a seamless opportunity for an investor looking to continue the existing cash-flowing operation. The current operating structure may also be transferable, including pricing strategy, rental platform setup, cleaning vendors, and turn protocols.

The lot goes street-to-street with a 225' deep lot, which may support a potential development opportunity to build an additional apartment building behind the existing structure, subject to buyer verification of zoning, approvals, and feasibility. This creates a unique opportunity to acquire stabilized in-place income while exploring future development potential.

Located near 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.

Available individually or as part of a package with 211 N 63rd Street, a 5-unit property listed separately for $490,000. Buyers may submit offers on either building independently or the 12-unit portfolio. Tours by appointment with 48 hours' notice.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning C2

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Other

Garage N

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 4732

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 341267300

Ownership Fee Simple

SqFt Source 4732

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

207 N 63RD ST Philadelphia, PA 19139

Celinda Iaboni

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

207 N 63RD ST