Property
Beds
9
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
4,732
207 N 63rd Street is a rent ready 7 unit multifamily building offering tremendous cash flow 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. Approximate monthly income of $8000/mo. The building has been updated with a new roof, updated mechanical systems, finished kitchens, updated bathrooms, and accent finishes throughout. The units are offered fully furnished or can be delivered empty. 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. The property offers convenient access to Center City, University City, Drexel, Penn, CHOP, and surrounding employment and education hubs for immediate rental demand and strong cashflow. Available individually or as part of a package with 211 N 63rd Street, a 5-unit property listed separately. Tours by appointment with 48 hour notice.
Features & Amenities
Interior
-
Total Bedrooms
9
-
Bathrooms
N/A
-
Above Grade Finished Area
4732.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.13
-
Lot Size(square feet)
5,625
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Other
Price
-
Sales Price
$599,000
-
Tax Amount
$740
-
Sq. Footage
4,732
-
Price/SqFt
$126
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
New Construction
NO
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Tax Lot
121
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Dan Deckelbaum, KW Empower
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Owner, President, Investment Property Advisor
Theresa Kehler
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