234-38 W ROOSEVELT BLVD new to site

Philadelphia,PA 19120

$ 649900

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Feltonville

MLS Listing ID PAPH2544208

Year Built 1940

Available Date 2025-10-10

Annual Tax Amount $3,393

Tax Year 2025

Lot Size 4,273 Sqft

Acres 0.1

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

📢 Investor Alert! 🚀
Located in the heart of Feltonville, this 6-unit multifamily property is a fantastic cash-flow opportunity! 💰

🏠 Unit Breakdown:

6 well-maintained 1-bedroom apartments
✨ Two of these units offer the potential to add extra bedrooms and bathrooms by connecting to the basement — creating even more rental income opportunities!

⚡️ All utilities are separately metered (electric, heat, and hot water) — fully tenant-paid.
📑 Currently, 5 of the 6 units are occupied with month-to-month leases.

💡 Some rents are still below market value, giving investors the chance to maximize returns.

🔑 With steady rental income already in place and updates completed in recent years, this property is an ideal investment opportunity for those seeking consistent cash flow and long-term growth in the real estate market. 📈

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning RM1

Interior

Hot Water Electric,Natural Gas

Heating Baseboard - Electric,Radiator

Cooling Window Unit(s)

Flooring Ceramic Tile,Concrete,Luxury Vinyl Plank,Carpet

Heat Source Electric,Natural Gas

Exterior

Water Access N

Roof Type Flat,Slate,Shingle

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 422099400

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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