4146 Pechin StPhiladelphia, PA 19128

Property Details for 4146 Pechin St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.06 AC

Property size (Sq ft)

3,988 SF

Zone code

RSA5

Property type

Investment properties

Property subtype

Live-work space

APN

87-1-5275-20

APU

871527520

Description

This exceptional investment opportunity presents a three-unit apartment building situated on a corner lot in the desirable Manayunk/Roxborough neighborhood of Philadelphia, PA. The property consists of two buildings: a newly updated carriage house above a two-car garage, featuring a first-floor room and a second-floor loft; and a main building with two additional units. Unit 1 is a two-bedroom, one-and-a-half-bathroom apartment currently rented, while Unit 3 is a recently updated three-bedroom apartment, also currently rented. The total square footage is 3,988, with an asking price of $925,000, resulting in a price per unit of $308,333.33 and a price per square foot of $231.95. Built in 1900, the property is a three-story structure zoned RSA5. Its convenient location offers easy walking access to Main Street and Ridge Avenue, placing residents near a variety of restaurants and shops. This property presents a compelling investment opportunity due to its strong rental income potential and desirable location. The property's unique layout, including the carriage house, adds to its appeal and potential for diverse rental strategies. Further details and financial information are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $659,336

  6.5%

  $608,617

  7%

  $565,145

• Comparable approach

  Method

  Valuation

  Relative Method

  $521,072

  Geo Method

  $521,072

• Alternative Use

  Use

  Valuation

  Residential

  $754,686

  Hospitality

  $691,288

  Educational

  $575,143

  Medical

  $594,924

  Retail

  $894,668

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0267

Longitude

-75.2142

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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