PA > Philadelphia > Frankford
Philadelphia, PA 19124,4347 PAUL ST
Philadelphia, PA 19124,4347 PAUL ST
Philadelphia, PA 19124,4347 PAUL ST
Philadelphia, PA 19124,4347 PAUL ST
Philadelphia, PA 19124,4347 PAUL ST
Philadelphia, PA 19124,4347 PAUL ST
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David Burris

David Burris

+1(609) 304-4202
Listed by Stacy L Sanseverino • KW Empower
$ 450,000
Est. payment | /mo

3,040 SqFt

Save
$ 450,000
Est. payment | /mo
Save

3,040 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $148

Subdivision Frankford

MLS Listing ID PAPH2478584

Style Traditional

Abv Grd Liv Area 3,040

Year Built 1915

Annual Tax Amount $4,549

Tax Year 2025

Lot Size 3,300 Sqft

Acres 0.08

Lot Dimensions 30.00 x 110.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

INVESTOR'S DREAM WITH TENANT APPEAL – RENOVATED 3-UNIT MULTIFAMILY WITH OVER 10% CAP RATE! An incredible opportunity to own a fully renovated, high-performing 3-unit apartment building offering exceptional cash flow and long-term potential. Stripped to the studs in 2012, this property has been modernized with all the major upgrades already completed, making it turnkey for investors and inviting for tenants alike. INVESTOR HIGHLIGHTS: (1) 10%+ Cap Rate Potential with projected gross rents of $4,400/month (with room to grow with Optional Add-Ons: Basement can be monetized with coin-op laundry and/or storage for the tenants for additional income. A tenant has already expressed interest in renting the basement for $300/month. Or use the basement yourself for storage, or rent it out to a local contractor needing a convenient place for their tools & supplies). (2) Fully compliant: Rental License & Lead Paint Safe Certificates in place. (3) Upgraded Systems: Certified fire alarm system, updated sprinklers, and separate electric meters (plus house meter for common areas). No gas utility for simplified management. (4) Major Infrastructure Work Done: New sewer, water, and sprinkler lines all the way to the city connection. CURRENT UNIT BREAKDOWN: Unit 1 (Vacant, market-ready): Private side entrance, 2 beds, 1 bath, stylish central kitchen with dining nook. The owner has a prospect interested in the unit at $1,700/month. Unit 2: 2 beds, 2 baths, including a Jack & Jill layout bathroom for the front bathroom & an ensuite bathroom for the rear bathroom, plus a bonus alcove for home office/study. Renewal at $1,700/month expected. Unit 3: Top-floor loft-style studio with soaring ceilings and private entry via shared hallway. Currently at $800/mo, increasing to $1,000/mo in November. TENANT-FRIENDLY FEATURES: (1) Each unit has its own Central Air system. (2) Attractive wood and tile floors throughout. (3) Fire-rated unit doors and solid construction for added peace of mind. (4) Dedicated access to a large shared yard and potential off-street parking for all tenants (remove poles to expand current 2-car capacity). (5) Walkable to transit & shopping: Just 5 minutes to the Church St El Station, plus quick access to ALDI, Walmart, Lidl, Home Depot, and ShopRite. OWNER-OCCUPANT OPPORTUNITY: Take advantage of the rare chance to move into Unit 1 before it's leased! Live in one unit while collecting rental income from the other two. This property checks all the boxes: strong financials, low maintenance, prime location, and modern upgrades. Whether you're an experienced investor seeking cash flow or a savvy buyer looking to live in one unit and rent the others, this building offers unmatched value and flexibility. Act now—this opportunity won't last long!

Location

State PA

County Philadelphia

Area 19124 (19124)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Wood, Ceramic Tile

Inclusions 3 refrigerators

Fireplace N

Heat Source Electric

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Stearne Allen

Middle Schools Allen M. Stearne

High Schools Frankford

School District The School District Of Philadelphia

Others

Tax ID 232231600

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

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agent
David Burris

Agent | License ID: 1973254

+1(609) 304-4202

513 S Lenola Rd, Moorestown, NJ, 08057, United States

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4347 PAUL ST

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