Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1910
Sq.Footage
N/A
7-Unit Multifamily Investment Opportunity | Value-Add | West Kensington, Philadelphia 175 West Berks Street – Philadelphia, PA Positioned in the rapidly evolving West Kensington neighborhood, 175 West Berks Street presents an excellent opportunity to acquire a stabilized multifamily asset with strong upside potential. Surrounded by ongoing redevelopment and new residential construction, the property benefits from the continued growth and investment transforming the area. This 7-unit multifamily building consists of six one-bedroom apartments and one efficiency unit, offering a well-balanced unit mix attractive to renters seeking affordable housing near major employment and education hubs. Investors will appreciate the value-add opportunity through rent increases to current market levels, creating the potential to improve net operating income. Additionally, there may be the possibility of vertical expansion by adding additional floors, subject to verification with local zoning regulations. Investment Highlights 7-unit multifamily property Unit mix: 6 one-bedroom apartments, 1 efficiency Located in rapidly developing West Kensington Surrounded by new multifamily construction and luxury residential development Value-add opportunity through rent increases Potential development upside through vertical expansion (buyer to verify) Strong rental demand in a centrally located Philadelphia neighborhood Showings: Please allow 24–48 hours’ notice to coordinate access to the maximum number of units. Financials available upon request.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
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Heating
Electric, Baseboard
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Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Property Type
Commercial Sale
Price
-
Sales Price
$725,000
-
Tax Amount
$7,418
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Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
113
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Nick Desloges , Keller Williams Real Estate - Newtown
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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