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4313-4317 Main St
Philadelphia, PA 19127
Main Street Apartments · Multifamily Property For Sale · 13 Units

INVESTMENT HIGHLIGHTS

  • Exceptional Location: Main Street is the Best Location in Manayunk
  • Commercial Tenant: New 5-Year Net Lease with Rental Increases
  • Excellent Location: 10 Minutes to Center City Philadelphia
  • Value-Add Opportunity: Ability to Increase Rents $100 to $300 per Month per Unit
  • Unique Units: High-Ceiling Height and 3 Bi-Level Units

PROPERTY FACTS

No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 14,694 SF
No. Stories 3
Year Built 1865
Zoning CMX-2.5 - commercial property

AMENITIES

SITE AMENITIES

  • 24 Hour Access
  • Security System
  • Tenant Controlled HVAC

ABOUT 4313-4317 MAIN ST , PHILADELPHIA, PA 19127

Manayunk, a neighborhood in the northwestern section of the city of Philadelphia, is located on the banks of the Schuylkill River. The neighborhood is centrally located just 15 minutes from Center City Philadelphia, King of Prussia, Chestnut Hill, and The Main Line. The SEPTA Manayunk/Norristown Line runs through Manayunk, partly along an elevated structure above Cresson Street. The regional rail line and bus routes in the area provide convenient transportation for residents to and from the area’s employment centers. Although historically an Irish Catholic working class community, in recent years the neighborhood has been substantially gentrified. While there is still a working class population within the neighborhood, the population has shifted to younger upper middle class professionals and families. Additionally, the nightlife in Manayunk draws visitors from all over the Delaware Valley, as well as some international visitors. In the 1990s, Manayunk's revitalization began with the opening of several upscale restaurants on Main Street, which were backed by developers who promoted the neighborhood as a place to visit. Manayunk retained its small-town charm with its small two- and three-story row homes, cobblestone paving, and hilly streets. Many who visited decided to stay and renovate the small row homes characteristic of the area. Increasing demand for housing in the area has led to the conversion of former mills into loft apartments, and replacement of empty storefronts and mom-and-pop stores with upscale shops. In 2004, a new condominium tower was built on part of Venice Island. In 2005 there were plans to build more condominium towers to replace the closed soap and paper factories. Manayunk has become a popular place of residence for lo-cal college students and young professionals. Nestled along the banks of the Schuylkill River and the Manayunk Canal and Tow Path, the commercial district is lined with renovated Victorian storefronts and mill buildings giving you an urban experience with small town charm. The heart and soul of the community is Main Street, a mercifully level thoroughfare bustling with dozens of restaurants, owner-operated boutiques, bars and galleries. Daytime activities give way to nighttime action as foodies and revelers hit the streets, scoping out new menu additions at restaurants, jockeying for views at the riverside clubs, catching up-and-coming local musicians or dancing to a DJ. Within a few blocks, a shopper can score a runway design at Nicole Miller and get gorgeous with imported high-end products from Beans Beauty. Shoppers can order furniture at Pompanoosuc Mills or, in a nod to Manayunk’s manufacturing past, make their own at Philadelphia Woodworks, a center where aspiring crafts-people and master woodworkers can take classes, use tools and equipment. And cyclists of all levels can find just the right equipment at Cadence Cycling and Human Zoom Bikes and Boards. As a popular spot for chefs to spread their culinary wings and with at least 50 dining spots, almost every craving can be satisfied. Sushi? There’s Yanako or long-time favorite Hikaru. Mexican? Try Taqueria Feliz or Cactus Cantina. Indian, Thai, New Orleans or a big juicy burger? They are all here. Jake’s and Cooper’s Wine Bar turns out high-quality fare that has kept folks coming back for more than 25 years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881079250
Land Assessment
$1,060,940
Improvements Assessment
$1,706,460
Total Assessment
$2,767,400
  • Listing ID: 18326937

  • Date on Market: 1/28/2020

  • Last Updated:

  • Address: 4313-4317 Main St, Philadelphia, PA 19127

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