Log In/Sign Up
Your email has been sent.
Fully Occupied 6 Unit Art Museum Area 1531 Green St 6 Unit Apartment Building $1,375,000 ($229,167/Unit) Philadelphia, PA 19130
INVESTMENT HIGHLIGHTS
- Highly Desirable Neighborhood
- Historical Architecture & Investment Appeal
- Walkable Urban Living
EXECUTIVE SUMMARY
Prime Fairmount Art Museum Multifamily Opportunity **Fully Occupied Six Unit Building with Strong Income and Clear Value Add Potential**Located in the heart of Fairmount, one of Philadelphia’s most sought-after neighborhoods, 1531 Green Street is a stabilized six-unit multifamily asset offering both dependable cash flow and meaningful long-term upside. This turnkey property is 100% occupied with reliable tenants in place, generating $8,555 in monthly rent.
Current rents sit below market, creating a straightforward path for revenue growth through cosmetic upgrades, amenity enhancements, or strategic repositioning. Each unit is well maintained, and the building itself is structurally sound an ideal foundation for investors looking to elevate performance while minimizing operational risk.
A standout feature of the property is its large private courtyard, an underutilized outdoor space with the potential to become a premium tenant amenity. The basement also presents an excellent value-add opportunity, suitable for storage units, co-working space, a fitness room, or a resident lounge—unlocking additional income streams in a high-demand rental corridor.
The location is exceptional: steps from the Broad Street Line, and walkable to Center City, major universities, hospitals, and key employment hubs. With strong transit access and neighborhood desirability, this property offers consistent renter demand and long-term appreciation.
Please see Offering Memorandum attached for current financial information.
Current rents sit below market, creating a straightforward path for revenue growth through cosmetic upgrades, amenity enhancements, or strategic repositioning. Each unit is well maintained, and the building itself is structurally sound an ideal foundation for investors looking to elevate performance while minimizing operational risk.
A standout feature of the property is its large private courtyard, an underutilized outdoor space with the potential to become a premium tenant amenity. The basement also presents an excellent value-add opportunity, suitable for storage units, co-working space, a fitness room, or a resident lounge—unlocking additional income streams in a high-demand rental corridor.
The location is exceptional: steps from the Broad Street Line, and walkable to Center City, major universities, hospitals, and key employment hubs. With strong transit access and neighborhood desirability, this property offers consistent renter demand and long-term appreciation.
Please see Offering Memorandum attached for current financial information.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $1,375,000 | Building Class | C |
| Price Per Unit | $229,167 | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 6,624 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R10 | ||
| Price | $1,375,000 |
| Price Per Unit | $229,167 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 6,624 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
| Zoning | R10 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- Courtyard
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (85)
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 881801000 | Improvements Assessment | $627,300 |
| Land Assessment | $110,700 | Total Assessment | $738,000 |
PROPERTY TAXES
Parcel Number
881801000
Land Assessment
$110,700
Improvements Assessment
$627,300
Total Assessment
$738,000
1 of 39
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Contact the Sale Advisor
Fully Occupied 6 Unit Art Museum Area | 1531 Green St
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.