Bought with Saam Tashayyod • Trophy Commercial Real Estate LLC
$631,000
$695,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
601 N 39TH ST Philadelphia, PA 19104
3,240 SqFt
Key Details
Sold Price $631,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $194
MLS Listing ID PAPH2576864
Sold Date 04/30/26
Style Traditional
Abv Grd Liv Area 3,240
Year Built 2020
Annual Tax Amount $646
Tax Year 2025
Lot Size 1,195 Sqft
Acres 0.03
Lot Dimensions 16.00 x 75.00
Property Sub-Type Other
Source BRIGHT
Property Description
A fully vacant mixed-use multifamily property located in Philadelphia, PA 19104. The property consists of three units totaling approximately 3, 600 rentable square feet, including two three-bedroom apartments and one ground-floor commercial space on the corner of 39th street and Haverford Ave.
The asset is being offered vacant, providing an investor with immediate control over leasing strategy, tenant mix, and rental positioning. All income, expense, and return metrics presented herein are pro forma and based on market-supported assumptions. At the price of $695,000, the property is projected to generate a pro forma Net Operating Income of approximately $47,909, representing a projected cap rate of 6.89% upon stabilization.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX1
Interior
Hot Water Other, Electric
Heating Hot Water, Other
Cooling Other
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility Ramp - Main Level, Other
Garage N
Building
Above Ground Finished SqFt 3240
Sewer Public Sewer
Water Private/Community Water
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871603060
Ownership Fee Simple
SqFt Source 3240
Special Listing Condition Standard
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