825 N 41st St - Apartments FOR SALE


Philadelphia, PA 19104- Belmont
$1,225,000 USD
267-243-4652
825 N 41st St, Philadelphia, PA for Sale
$1,225,000 USD
Apartments - FOR SALE
1/25
null | 6.97% Cap Rate

825 N 41st St
Philadelphia, PA 19104
Belmont


HIGHLIGHTS

  • Recently Renovated 6-Unit Multifamily Asset
  • Fully Stabilized
  • Turnkey, Cash-Flowing Asset with Strong In-Place Income
  • Strong Rental Demand from Students, Professionals & Healthcare Workers
  • Turnkey Cash-Flowing Investment Opportunity
  • Located minutes from Penn Presbyterian Hospital, CHOP, and Hospital of the University of Pennsylvania

OVERVIEW

Located in Philadelphia’s rapidly evolving Belmont neighborhood, 825 N 41st St is a recently renovated six-unit multifamily asset offering a fully stabilized, turnkey investment opportunity in one of West Philadelphia’s most promising growth corridors. The property consists of six one-bedroom, one-bathroom units, all fully occupied and thoughtfully updated with modern finishes, including stainless steel appliances, hardwood-style flooring, tiled backsplashes, contemporary fixtures, and renovated kitchens and bathrooms, providing residents with comfortable, modern living while minimizing near-term capital expenditures for ownership. Subsidized tenants are currently in place, delivering reliable rental income and additional stability for investors. The building is in excellent condition and generates a strong in-place cash flow of $85,365 a year, making it an attractive income-producing asset. Strategically located just minutes from Drexel University’s continued westward expansion, ongoing institutional investment, and the growing economic influence of University City, the property benefits from increasing rental demand driven by students, professionals, and healthcare employees seeking convenient access to Center City, major employment hubs, and nearby access to all major highways, including I-76. With strong occupancy, modern upgrades, dependable income, and positioning within a rapidly revitalizing neighborhood experiencing continued residential and mixed-use development, 825 N 41st St represents a compelling opportunity to acquire a stabilized, cash-flowing asset with long-term appreciation potential in one of West Philadelphia’s emerging investment markets.

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$613 USD /SF

# OF UNITS

6

PRICE/UNIT

$204,167

CAP RATE

6.97%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

RSA5

APN/PARCEL ID

062244200

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.