825 N 41st St,PHILADELPHIA, PA 19104
PHILADELPHIA, PA 19104
Description
Located in Philadelphia's rapidly evolving Belmont neighborhood, 825 N 41st St is a recently renovated six-unit multifamily asset offering a fully stabilized, turnkey investment opportunity in one of West Philadelphia's most promising growth corridors. The property consists of six one-bedroom, one-bathroom units, all fully occupied and thoughtfully updated with modern finishes, including stainless steel appliances, hardwood-style flooring, tiled backsplashes, contemporary fixtures, and renovated kitchens and bathrooms, providing residents with comfortable, modern living while minimizing near-term capital expenditures for ownership. Subsidized tenants are currently in place, delivering reliable rental income and additional stability for investors. The building is in excellent condition and generates a strong in-place cash flow of $85,365 a year, making it an attractive income-producing asset. Strategically located just minutes from Drexel University's continued westward expansion, ongoing institutional investment, and the growing economic influence of University City, the property benefits from increasing rental demand driven by students, professionals, and healthcare employees seeking convenient access to Center City, major employment hubs, and nearby access to all major highways, including I-76. With strong occupancy, modern upgrades, dependable income, and positioning within a rapidly revitalizing neighborhood experiencing continued residential and mixed-use development, 825 N 41st St represents a compelling opportunity to acquire a stabilized, cash-flowing asset with long-term appreciation potential in one of West Philadelphia's emerging investment markets.
Details
| MLS # | PAPH2590302 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 219 |
| Listing Provided By | BHHS Fox & Roach-Center City Walnut | ERIC Andrew Dvotsky |
Features
| Units | 6 |
|---|---|
| Zoning | RSA5 |
| Acreage | 0.04 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 2798 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| Community Name | BELMONT |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in BELMONT) | |
Price: $995,000 low | high Med: $2,010 On site: 219 low | high Med: 124 | |
Market Activity 19104
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| Community Name | BELMONT |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in BELMONT) | |
Price: $995,000 low | high Med: $2,010 On site: 219 low | high Med: 124 | |
 | $1,100,000860-62 N 40th StPhiladelphia, PA 19104 |
 | $1,100,000860-62 N 40th StPhiladelphia, PA 19104 |
 | $779,000700 N 42nd StPhiladelphia, PA 19104 |