4288 PAUL ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19124
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2459984
Year Built 1920
Annual Tax Amount $3,698
Tax Year 2025
Lot Size 2,710 Sqft
Property Sub-Type Mixed Use
Property Description
Welcome to this huge 2800 square foot income producing property zoned ICMX in Frankford. It is set up as a rooming house now but can be converted into a Triplex. 1st Floor Front has 1 bedroom apartment paying $625/month(6 years) and is on month to month lease another 1 bedroom apartment paying $650/month(4 years) and on a month to month lease & an efficiency paying $750/month(2.5 years). The side & 1st floor back have been fully renovated before the tenants moved in. 2nd Floor Units Back Unit: Has 6 rooms all currently being rented out fro $500 a month. Tis is a huge unit that could be converted to 1 unite and rented for 1500-1700. Key Features: Consistent rental income from long-term tenants. Renovation potential to boost rents and overall property value. Flexibility to adjust layouts and maximize returns. This property combines stable cash flow with opportunities for value-add improvements. Don't miss your chance to capitalize on this income-generating asset!
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning ICMX
Interior
Hot Water Natural Gas
Heating Other
Cooling None
Exterior
Water Access N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard