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INVESTMENT HIGHLIGHTS
- Fully renovated four-unit building with modern finishes.
- Strong tenant appeal with self-contained layouts.
- Located in Fairmount near Art Museum and Center City.
- In-unit laundry and private outdoor areas for all units.
- Value-add potential through rent increases.
- Easy access to Broad Street Line and major bus routes.
EXECUTIVE SUMMARY
MPN Realty, Inc. is pleased to present 923 N. 19th Street for sale, a fully renovated four-unit apartment building in the thriving Fairmount neighborhood. Built in 2014 and featuring updated kitchens, baths, flooring, and mechanical systems, this property offers a low-maintenance investment with strong tenant appeal. Each unit includes in-unit laundry and outdoor space, and the building is configured with one 2-bedroom unit and three 1-bedroom units. With current rents below market, the property provides a clear path for income growth. Its CMX zoning and proximity to Center City, the Art Museum, and major transit routes further enhance its long-term value. Fairmount’s continued development and cultural vibrancy make this a compelling opportunity for investors seeking stability and upside in a core Philadelphia location.
PROPERTY FACTS
| Price | $1,000,000 | Building Class | B |
| Price Per Unit | $250,000 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 3,121 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2012 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | CMX - Commercial Mixed Used | ||
| Price | $1,000,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 3,121 SF |
| No. Stories | 3 |
| Year Built | 2012 |
| Opportunity Zone |
Yes |
| Zoning | CMX - Commercial Mixed Used |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 1 | - | - |
| 1+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (77)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 885558200 | Improvements Assessment | $0 |
| Land Assessment | $226,200 | Total Assessment | $226,200 |
PROPERTY TAXES
Parcel Number
885558200
Land Assessment
$226,200
Improvements Assessment
$0
Total Assessment
$226,200
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