Bought with Michael Olubajo • Realty One Group Restore - BlueBell
$700,000
$795,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
274-76 S 58TH ST Philadelphia, PA 19139
7,770 SqFt
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 7,770 sqft
Price per Sqft $90
MLS Listing ID PAPH2599052
Sold Date 07/24/26
Style Contemporary
Abv Grd Liv Area 7,770
Year Built 1925
Annual Tax Amount $6,964
Tax Year 2025
Lot Size 3,827 Sqft
Acres 0.09
Lot Dimensions 49.00 x 78.00
Property Sub-Type Detached
Source BRIGHT
Property Description
274-276 Street offers the opportunity to acquire a fully renovated six-unit building in the Cobbs Creek section of West Philadelphia. The property was originally built in 1925 and underwent a full renovation in 2021, resulting in six updated two-bedroom units with practical layouts and modern interior finishes that continue to perform well with today's rental demand.
There is additional value-add potential through the introduction of laundry, either within each unit or as a shared amenity, creating an avenue for increased revenue and improved tenant retention. The location is highly accessible, situated just a short walk to the Market-Frankford Line, allowing for easy connectivity across the city.
The surrounding area has seen consistent rental demand driven by nearby parks, neighborhood retail, and convenient access to public transportation. The property may also be positioned for voucher-based tenants, including PHA programs, subject to buyer verification.
This is a stabilized asset with recent capital improvements and clear upside, making it a strong candidate for investors seeking both current income and long-term growth in West Philadelphia.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Block
Above Ground Finished SqFt 7770
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881428320
Ownership Fee Simple
SqFt Source 7770
Special Listing Condition Standard
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