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5506 Greene St 4 Unit Apartment Building $550,000 ($137,500/Unit) Philadelphia, PA 19144
Investment Highlights
- Well maintained
- Separately metered utilities
- Major Updates: Roof replaced - Spring 2023, Hot Water tank replaced - Spring 2025, Basement sealed & dehumidification - Fall 2021
- Great location - One block away from Germantown Ave
Executive Summary
KW Commercial is pleased to exclusively present for sale 5506 Greene St, Philadelphia, PA 19144. Discover a well maintained 4 unit multi-family investment property in the heart of Philadelphia’s historic Germantown neighborhood. Several capital improvements include a brand new roof completed Spring of 2023, a new hot water heater installed Spring 2025, and basement sealing with dehumidification system in Fall 2021. Each unit is separately metered, and tenant’s pay all utilities except for water and common electric. The property also includes a bonus space on the first floor that’s currently vacant, but could be utilized as additional tenant storage to further enhance value. Conveniently located just one block away from Germantown Ave, the property is close to neighborhood staples like Uncle Bobbie’s Coffee & Books, and Germantown Friends School; offering strong community appeal. With easy access to Center City Philadelphia, this is an ideal opportunity for passive investors seeking income-producing potential or house hackers looking to live in one unit and rent out the rest.
Property Facts
| Price | $550,000 | Building Class | C |
| Price Per Unit | $137,500 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 3,316 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RSA3 - Residential Single-Family Attached 3 | ||
| Price | $550,000 |
| Price Per Unit | $137,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,316 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | RSA3 - Residential Single-Family Attached 3 |
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Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 124107500 | Improvements Assessment | $354,320 |
| Land Assessment | $88,580 | Total Assessment | $442,900 |
Property Taxes
Parcel Number
124107500
Land Assessment
$88,580
Improvements Assessment
$354,320
Total Assessment
$442,900
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5506 Greene St