251 S 12th St - Apartments FOR SALE


Philadelphia, PA 19107- Midtown Village
$1,500,000 USD
718-791-9984
251 S 12th St, Philadelphia, PA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/14
null | 5.92% Cap Rate

251 S 12th St
Philadelphia, PA 19107
Midtown Village


HIGHLIGHTS

  • Center City Location
  • Street to Street with Garage on rear of property
  • Fully Occupied
  • Recently went through extensive rennovation

OVERVIEW

251 S. 12th Street presents a well-located three-unit multifamily full occupied investment opportunity in Center City Philadelphia. The property has been renovated and offers an efficient residential layout with updated interiors, making it attractive to both investors and long-term owners. Its street-to-street configuration is a notable advantage, providing additional access from the rear of the property. A key feature is the private garage located off the rear street, a valuable amenity in this dense Center City location where off-street parking is limited. Situated near Washington Square West, Center City, Jefferson University Hospital, restaurants, shopping, public transportation, and major employment centers, the property offers strong accessibility and long-term rental appeal.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$231 USD /SF

# OF UNITS

3

PRICE/UNIT

$500,000

CAP RATE

5.92%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,620 SF

ZONING

RM-1

APN/PARCEL ID

871063500

ASK ABOUT THIS PROPERTY

Nicholas GigantiBinswangerMore Info
718-791-9984

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Nicholas GigantiBinswangerMore Info
718-791-9984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.