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Listed by Dan Deckelbaum • KW Empower
$ 599,000
Est. payment /mo
Price Dropped by $86K
207 N 63RD ST Philadelphia, PA 19139
5,527 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2617020
Year Built 1925
Annual Tax Amount $3,272
Tax Year 2025
Lot Size 5,527 Sqft
Acres 0.13
Lot Dimensions 25.00 x 225.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
207 N 63rd Street is a rent ready 7 unit multifamily building offering tremendous cash flow with additional development upside in West Philadelphia's Cobbs Creek/Haddington corridor. The property features two 2 bedroom 1 bath units and five 1 bedroom, 1 bath units. Approximate monthly income of $8000/mo.
The building has been updated with a new roof, updated mechanical systems, finished kitchens, updated bathrooms, and accent finishes throughout. The units are offered fully furnished or can be delivered empty.
The lot goes street-to-street with a 225' deep lot, which may support a potential development opportunity to build an additional apartment building behind the existing structure, subject to buyer verification of zoning, approvals, and feasibility. This creates a unique opportunity to acquire stabilized in-place income while exploring future development potential.
The property offers convenient access to Center City, University City, Drexel, Penn, CHOP, and surrounding employment and education hubs for immediate rental demand and strong cashflow.
Available individually or as part of a package with 211 N 63rd Street, a 5-unit property listed separately. Tours by appointment with 48 hour notice.
The building has been updated with a new roof, updated mechanical systems, finished kitchens, updated bathrooms, and accent finishes throughout. The units are offered fully furnished or can be delivered empty.
The lot goes street-to-street with a 225' deep lot, which may support a potential development opportunity to build an additional apartment building behind the existing structure, subject to buyer verification of zoning, approvals, and feasibility. This creates a unique opportunity to acquire stabilized in-place income while exploring future development potential.
The property offers convenient access to Center City, University City, Drexel, Penn, CHOP, and surrounding employment and education hubs for immediate rental demand and strong cashflow.
Available individually or as part of a package with 211 N 63rd Street, a 5-unit property listed separately. Tours by appointment with 48 hour notice.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871152850
Ownership Fee Simple
Special Listing Condition Standard
