- – beds
- – baths
- 3,444 sqft
- 966 sqft lot
- $319 per sqft
- 1920 build
Fully Renovated Income-Producing Historical Triplex in Old City with Parking & Stunning Bridge Views! Located in the heart of Old City, this beautifully renovated 3-unit triplex is a rare opportunity for investors or owner-occupants seeking style, space, and strong rental income. Each unit blends modern amenities with thoughtful design, offering comfort, flexibility, and unique character. Unit 1: Chic and sun soaked 1 bed / 1 bath with a private balcony, new HVAC, dishwasher, washer & dryer, and heater. Unit 2: Spacious 2 bed / 1 bath featuring soaring ceilings, a lofted office space, tons of storage, new stove, dishwasher, washer & dryer, and a light-filled open layout. Water St Unit: A truly one-of-a-kind 1–2 bed / 1 bath residence with a large bay door that opens to the outdoors for seamless indoor/outdoor living. This historic space features a distinct industrial vibe with exposed brick walls, steel beams, and a cozy fireplace. During renovations, a previously hidden tunnel dating back to the 1600s was uncovered and carefully excavated, revealing original stonework and architectural elements that had been concealed for centuries. This remarkable discovery adds approximately 220 square feet of unique, usable space to the unit, perfect for a creative studio, wine cellar, or private retreat. The unit also includes new HVAC, microwave, tankless water heater, washer & dryer, and a private 5x8 storage closet. All three units offer hardwood floors, stainless steel appliances, quartz countertops, recessed lighting, large modern bathrooms, ample storage, and plenty of natural light. The building also features a stylish tiled foyer, brand-new roof and gutters, and parking. Enjoy breathtaking views of the Ben Franklin Bridge and Delaware River and enjoy the sunrise every morning from all 3 units. Just steps away from the best of Old City’s historic charm, art scene, and vibrant dining. Easy access to 95, 676 & 76, The Ben Franklin Bridge and just a short walk to public transportation. One of Old City's favorite dog park is right across street. Whether you're looking to live in one unit and rent the others or expand your investment portfolio with a truly exceptional property, this triplex delivers space, income, and unmatched character. This is not just a property, it’s a piece of Philadelphia’s living history.
Last checked:
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Last updated Jun 24, 2025
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MLS# PAPH2504872 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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Year Major Reno/Remodel:2023
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:3
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Structure Type:Interior Row/Townhouse
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Architectural Style:Contemporary, Traditional, Straight Thru, Unit/Flat
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Accessibility Features:None
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Foundation Details:Block, Brick/Mortar
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1944
Interior
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Fireplace:Yes
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Fireplaces:1
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3664
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Living Area SqFt:3,444 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash, FHA, VA
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Possession:31-60 Days CD
Location
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Directions:Christopher Columbus Blvd to Front St
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Cross Street:N Water St
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Latitude:39.95584488
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Longitude:-75.14012146
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Assessor
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Lot Size Dimensions:24.00 x 40.00
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Lot Dimensions Source:Assessor
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Lot SqFt:966 Sqft
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Inclusions:All refrigerators, washers and dryers
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:U30
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 974-1450
- Office phone:
- (215) 860-4200
Taxes
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Tax ID Number:055006880
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Tax Year:2024
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Tax Lot:20
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Tax Annual Amount:$10,627
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Tax Assessed Value:$759,200
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Year Assessed:2025
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School Tax:5951.0
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City/Town Tax:4675.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Subdivision Name:Old City
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Exterior Features:Other
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Pool:No Pool
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Cap Rate:6.70
Parking
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Total Garage and Parking Spaces:1
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Garage:No
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Type of Parking:Driveway, Other
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Driveway - # of Spaces:1
Extra Units
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Vacation Rental:No
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One Bedroom Units:1
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/23/25
Jun 23, 2025
|
Listed / Active | BRIGHT | $1,100,000 |