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171 W NORRIS STREET

PHILADELPHIA , PA 19122

MLS#: PAPH2542358

$449,900

Status: Active
Listing number: PAPH2542358
Listing provided by: RE/MAX Ready
Listing agent phone: None
Last update: 22 days ago
On site: a month ago
Browse Properties
NORRIS SQUARE - Residential

Property

Beds

4

Full Baths

4

1/2 Baths

None

Year Built

1920

Sq.Footage

2,527

Don’t miss this rare chance to own a four-unit apartment building in the rapidly growing Norris Square neighborhood of Philadelphia. This property is perfectly positioned just one block from Norris Square Park and within walking distance of Fishtown’s renowned restaurants, cafes, and nightlife. With easy access to public transportation, tenants will enjoy seamless commutes and connectivity to Center City and beyond. The neighborhood’s continued development makes this a strong long-term investment with significant upside potential. Whether you’re an experienced investor looking to expand your portfolio or a first-time buyer seeking reliable rental income, this property offers both immediate cash flow and future appreciation in one of the city’s most vibrant and up-and-coming areas. Rental Income: 1st floor 2 bedroom - $1450 mth. 2nd floor front studio - $975 mth. 2nd floor rear studio - $950 mth. 3rd floor studio - $925 mth. All utilities paid by tenants except for water. Water bill - averages $133 month/$1596 yr. Common area - about $37 month/$444 yr. Landlord is paying $3700 a year in building insurance. Taxes are $6385 a year.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    4

  • Above Grade Finished Area

    2527.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Main Level Bedrooms

    1

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Other

Price

  • Sales Price

    $449,900

  • Tax Amount

    7130.0

  • Zoning

    Quadplex

  • Sq. Footage

    2, 527

  • Price/SqFt

    $178

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    279

  • Water Source

    Public

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Listing Courtesy of Abe Thomson , RE/MAX Ready

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Don’t miss this rare chance to own a four-unit apartment building in the rapidly growing Norris Square neighborhood of Philadelphia. This property is perfectly positioned just one block from Norris Square Park and within walking distance of Fishtown’s renowned restaurants, cafes, and nightlife. With easy access to public transportation, tenants will enjoy seamless commutes and connectivity to Center City and beyond. The neighborhood’s continued development makes this a strong long-term investment with significant upside potential. Whether you’re an experienced investor looking to expand your portfolio or a first-time buyer seeking reliable rental income, this property offers both immediate cash flow and future appreciation in one of the city’s most vibrant and up-and-coming areas. Rental Income: 1st floor 2 bedroom - $1450 mth. 2nd floor front studio - $975 mth. 2nd floor rear studio - $950 mth. 3rd floor studio - $925 mth. All utilities paid by tenants except for water. Water bill - averages $133 month/$1596 yr. Common area - about $37 month/$444 yr. Landlord is paying $3700 a year in building insurance. Taxes are $6385 a year.

171 W NORRIS STREET

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