4938-4940 PENN ST new to site

Philadelphia,PA 19124

$ 600000

- Bed

- Bath

2970 SqFt


Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,970 sqft

Price per Sqft $202

MLS Listing ID PAPH2529362

Style Other

Abv Grd Liv Area 2,970

Year Built 1940

Annual Tax Amount $7,059

Tax Year 2025

Lot Size 5,343 Sqft

Acres 0.12

Lot Dimensions 30.00 x 180.00

Property Sub-Type Other

Source BRIGHT

Property Description

4938
& 4940 Penn Street, a stabilized six-unit multifamily portfolio located in Philadelphia's Frankford neighborhood. Built in 2020, the properties feature modern layouts, efficient systems, and low deferred maintenance—ideal for investors seeking turnkey performance and long-term durability. The portfolio offers a mix of spacious two-bedroom and onebedroom units across two adjacent buildings, and is offered as a single package. This property offers reliable returns and low-friction management.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RM3

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Parking Features Additional Storage Area

Garage Spaces 2.0

Water Access N

Accessibility Ramp - Main Level

Total Parking Spaces 2

Garage Y

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 234292600

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional,Cash,Negotiable

Listing Terms Conventional,Cash,Negotiable

Financing Conventional,Cash,Negotiable

Special Listing Condition Standard

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