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257-259 S 46th St
Philadelphia, PA 19139
8PLEX — UCITY — Value-Add · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Located in top school catchment (K-8)
- Value-add Real Estate
- Access to premier “Eds & Meds” Economy
- Highest-growth Rental Submarket in Philadelphia
EXECUTIVE SUMMARY
257 + 259 South 46th Street: seize the opportunity to enter Philly’s highest-growth marketplace with this value-add real estate located in the coveted PENN ALEXANDER school catchment (Blue Ribbon School Award). Two side-by-side quadplexes (8 total units) with plenty of rental upside and original charm. Each ±3000 SF 3-storey building features two (2) 2bd apartments, one (1) studio and one (1) 1bd apartment. Located on one of the most coveted, quaint streets in West Philadelphia, these assets boast tremendous curb appeal and access to the “Eds & Meds” economy which is Philadelphia’s powerhouse district for jobs, higher education (UPenn and Drexel), healthcare (Chop, Hup) and innovation (Schuylkill Yards, Science Center) — insulating investment potential for years to come with guaranteed rental demand. Located in the top-rated PENN ALEXANDER school catchment (K-8).
PROPERTY FACTS
| Price Per Unit | $178,125 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 7.30% | Building Size | 6,000 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Mid-Rise | ||
| Zoning | RTA1 | ||
| Price Per Unit | $178,125 |
| Sale Type | Investment |
| Cap Rate | 7.30% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 6,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1925 |
| Zoning | RTA1 |
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8PLEX — UCITY — Value-Add | 257-259 S 46th St
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