For Sale
$1,925,000

263 3Rd St Philadelphia, PA 19106

Seven-unit building, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a seven-unit apartment building located at 263 N 3rd Street in Philadelphia, Pennsylvania, 19106. The property boasts a total of 7,420 square feet and is zoned CMX-3, offering flexibility for future development or expansion. Currently configured as six apartments and one commercial space, this property provides a strong foundation for immediate income generation. The asking price is $1,925,000, translating to an attractive price per square foot of $259.43 and a price per unit of $275,000. Situated in the vibrant Philadelphia market, this building benefits from a prime location, offering easy access to local amenities, transportation, and a thriving community. The property's strong rental history and potential for increased rental income make it an ideal addition to any investor's portfolio. Detailed financial records are available upon request, allowing potential buyers to thoroughly assess the property's financial performance and future growth prospects. This is a rare opportunity to acquire a well-maintained multifamily property in a highly desirable location with significant upside potential. Don't miss out on this chance to secure a lucrative investment in the heart of Philadelphia.

Highlights

  • Seven-unit apartment building in Philadelphia, PA.
  • 7,420 square feet on a CMX-3 zoned lot.
  • Six residential units and one commercial space.
  • Asking price: $1,925,000 ($259.43/SF, $275,000/unit).
  • Prime location with strong rental history and upside potential.

Property Details for 263 3Rd St

Property type
Retail properties, Apartment buildings
Square Feet
7,420 SF
Units
7

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.955742
Longitude
-75.14422

FAQs

What type of property is this?
Retail property - Seven-unit building, high ROI potential.
Where is the retail property located?
The property is located at 263 3Rd St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Seven-unit apartment building in Philadelphia, PA.; 7,420 square feet on a CMX-3 zoned lot.; Six residential units and one commercial space.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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263 3Rd St
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