- 7 beds
- 6 baths
- 3,025 sqft
- 2,255 sqft lot
- $207 per sqft
- 1925 build
With the over saturation of luxury units in high priced neighborhoods, landlords in other neighborhoods are forced to give renter concessions or drastically cut their rent below marker. NOT HERE. Finally an opportunity to own in an area that is in high demand for quality units. This assets is selling at a verified 8.27% cap rate which falls perfectly in line with the area that trades regularly between 8-9%, often for lesser quality rehabs. Just take a quick swipe through the pictures, this is as turnkey of a performing asset as you can get. Currently 4/6 units are occupied, previously totaling $6080 of monthly revenue over the 6 residential units. With this income and lower property taxes and current mortgage rates, the property can provide a 1.45 DSCR, making it wildly appealing to secure financing via DSCR loan programs. There are no other opportunities to own this many units under one roof on the market, take this one while you can!
Last checked:
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Last updated Jun 18, 2025
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MLS# PAPH2484170 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1925
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Year Built Source:Estimated
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Roof:Rubber
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New Construction:No
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Construction Materials:Masonry
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Building Levels:3
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Structure Type:Detached
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Architectural Style:Other
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Levels:3
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Entry Floor Number:1
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Accessibility Features:Level Entry - Main
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Foundation Details:Concrete Perimeter, Brick/Mortar
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Basement:No
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Total SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:3025
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Above Grade Finished SqFt Source:Estimated
Interior
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Flooring Type:Laminate Plank
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3025
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Living Area SqFt:3,025 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Exchange, Other, Private
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Possession:Settlement
Location
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Directions:Southwest on Lancaster Ave- Right on West Thompson St
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Latitude:39.97370000
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Longitude:-75.22140000
The Property
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Property Type:Residential
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Estimated
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Lot Size Dimensions:20.00 x 113.00
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Lot Dimensions Source:Estimated
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Lot SqFt:2,255 Sqft
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Inclusions:All fixtures
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Zoning Description:Commercial Mixed Use (Has approval for residential units with no commercial space)
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Zoning:CMX2
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Other Structures:Above 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:N50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 651-3872
- Office phone:
- (717) 840-1355
Taxes
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Tax ID Number:442127000
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Tax Year:2024
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Tax Lot:114
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Tax Annual Amount:$2,828
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Tax Assessed Value:$202,100
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Year Assessed:2025
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School Tax:1584.0
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City/Town Tax:1244.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:7
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Bedrooms Main Level:3
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Upper Level Bedrooms:4
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Upper Level 1 Bedrooms:2
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Bedrooms Upper Level:2
Baths
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Total Baths:6
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Full Baths:6
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Main Level Baths:2.00
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Main Level Full Baths:2
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Upper Level Full Baths:4
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Upper Level Total Baths:4
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Upper Level Total Baths:2.00
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Upper Level 2 Total Baths:2.00
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Upper Level Full Baths:2
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Upper Level 2 Full Baths:2
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Electric
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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:Carroll Park
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$629,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,368
|
Taxes | $235 |
Insurance | $172 |
Utilities | $458 See report |
Total | $4,233/mo.* |
*This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/18/25
May 18, 2025
|
Listed / Active | BRIGHT | $629,000 |