For Sale
$3,500,000
6351 Lancaster Ave Philadelphia, PA 19151
25-Unit Multifamily, Prime Philadelphia Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Below-market rents averaging $100+ per month below market rates.
- High occupancy exceeding 96% in a strong rental submarket.
- Convenient location within two blocks of a SEPTA Regional Rail station.
- Value-add opportunity with approved plans to convert eight three-bedroom units into sixteen studio and one-bedroom units.
Property Details for 6351 Lancaster Ave
- Property type
- Apartment buildings
- Square Feet
- 25,656 SF
- Year Built/Renovated
- 1936/2015
- Buildings
- 1
- Stories
- 4
- Units
- 25
Location Insight
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Latitude
- 39.9866384
- Longitude
- -75.249761
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 25-Unit Multifamily, Prime Philadelphia Location
- Where is the apartment building located?
- The property is located at 6351 Lancaster Ave Philadelphia, PA.
- What is the asking price?
- The asking price for this property is $3,500,000.
- What are key features of this property?
- This property features: Below-market rents averaging $100+ per month below market rates.; High occupancy exceeding 96% in a strong rental submarket.; Convenient location within two blocks of a SEPTA Regional Rail station.
- How can I contact the broker?
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