4115 Brown St - Apartments FOR SALE


Philadelphia, PA 19104- Belmont
$420,000 USD
267-243-4652
4115 Brown St, Philadelphia, PA for Sale
$420,000 USD
Apartments - FOR SALE
1/12
null | 8.06% Cap Rate

4115 Brown St
Philadelphia, PA 19104
Belmont


HIGHLIGHTS

  • Stabilized Duplex | Five Total Bedrooms
  • Tax Abatement In Place Supporting Strong Returns
  • Contemporary Finishes Throughout
  • Opportunity Zone Location with Long-Term Upside
  • True Turnkey, Income-Producing Asset

OVERVIEW

Located in Philadelphia’s rapidly evolving Belmont neighborhood, this fully renovated duplex presents an excellent turnkey investment opportunity in one of West Philadelphia’s most promising growth corridors. Just minutes from Drexel University’s ongoing westward expansion, major institutional investment, and continued residential and mixed-use development, the area has seen increasing demand from renters seeking proximity to University City, Center City, and Fairmount Park. Renovated only a few years ago, the property is in excellent condition and features modern finishes throughout, including stainless steel appliances, hardwood-style flooring, tiled backsplashes, contemporary fixtures, and in-unit laundry in both apartments. The building is currently fully occupied, with Unit 1 offering a 2-bedroom, 2-bathroom layout rented at $1,635 per month and Unit 2 a spacious 3-bedroom, 3-bathroom unit rented at $1,910 per month, for a total of $43,500 in annual income. The property also benefits from a tax abatement with approximately four years remaining, enhancing cash flow. One or both units include subsidized (PHA) rental income, providing added stability and consistency for investors. With continued neighborhood revitalization, institutional growth tied to Drexel and University City, strong transit accessibility, and rising rental demand, Belmont is increasingly recognized as an emerging investment hotspot, positioning this duplex as both a solid income-producing asset and a long-term appreciation play.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$237 USD /SF

# OF UNITS

3

PRICE/UNIT

$140,000

CAP RATE

8.06%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4115-17 Brown St.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

1,012 SF

ZONING

CMX2

APN/PARCEL ID

062002900

ASK ABOUT THIS PROPERTY

Eric DvotskyBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
267-243-4652

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Eric DvotskyBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
267-243-4652

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