See all 16 photos
16 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Dan Deckelbaum • KW Empower
$490,000
Est. payment /mo
4,500 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Haddington
MLS Listing ID PAPH2617128
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 Five Or More Units
Source BRIGHT
Property Description
211 N 63rd is a turn key, rent ready 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. 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.
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
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 341267500
Ownership Fee Simple
Special Listing Condition Standard
Read Less Info
Nearby School & Business
Get More Information