344 Van Kirk St - Apartments FOR SALE


Philadelphia, PA 19120- Lawncrest
$715,000 USD
856-701-3259
344 Van Kirk St, Philadelphia, PA for Sale
$715,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

344 Van Kirk St
Philadelphia, PA 19120
Lawncrest


OVERVIEW

Located in the Lawncrest section of Philadelphia, this meticulously maintained garden-style 5-unit multifamily property represents a premier investment opportunity for discerning investors. Legally zoned as a 5-unit residential building, the asset is fully occupied with a proven rental history, delivering consistent cash flow and strong returns. The property features two one-bedroom units with an average rent of $1,095/month and three two-bedroom units with an average rent of $1,173/month, all with separated utilities to optimize operational efficiency and minimize landlord expenses. Each unit is appointed with luxury vinyl tile flooring, classic cabinetry, and modern black appliances, ensuring tenant retention and market competitiveness. On-site laundry facilities further enhance the property’s income potential. In excellent condition, this turnkey asset offers immediate value with minimal capital expenditure required, making it an ideal addition to a diversified investment portfolio.

FOR SALE DETAILS

PRICE

$715,000 USD

PRICE/SF

$161 USD /SF

# OF UNITS

5

PRICE/UNIT

$143,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,457 SF

ZONING

RSA3

APN/PARCEL ID

881130120

ASK ABOUT THIS PROPERTY

Phil SharrowSCOPEMore Info
856-701-3259

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Phil SharrowSCOPEMore Info
856-701-3259

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