USAPAPhiladelphiaFrankford4628 Penn St
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$279,900

For Sale

A month ago

4628 Penn St, Philadelphia, PA

House

MLS® PAPH2665396

0 Bed

0 Bath

2910 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2910 sqft
Garage 
Taxes $3,096
Days Active 43
Lot Size 0.06 Acres
Approx. Age 1940
Avg. Price Per Sqft $96
MLS® Number PAPH2665396

Property Address: 4628 Penn St, PHILADELPHIA, PA, 19124-5877

Average square foot calculated using Size range provided by listing agent.

Description

Attention Investors: Turnkey, Fully Occupied Triplex! 4628 Penn Street is a fully renovated, 100% occupied triplex generating $3, 225/month ($38, 700/year) in gross rental income. All units have separate gas and electric utilities paid directly by the tenants, reducing owner-paid expenses. The property generated 2025 NOI of $21, 208.41, representing approximately a 7.6% cap rate at the $279, 900 asking price. The property also features a coin-operated washer and dryer in the basement, providing an additional income stream. Unit Breakdown: Unit 1: 2 beds, 1 bath — $1, 250/month with private backyard access Unit 2: 2 beds, 1 bath — $1, 150/month Unit 3: 1 bed, 1 bath — $825/month All three units are occupied under fixed-term leases. With renovations complete and tenants already in place, the next owner can acquire a stabilized, income-producing multifamily property without a major upfront renovation or initial lease-up. Offered at $279, 900. Schedule your private tour today.
MLS® NumberPAPH2665396
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
BasementFull, Unfinished
DrivewayOn Street
Garage Spaces
HeatForced Air, Natural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 31, 2026List Date
$279,900List Price
  • Commute

Commute

Starting Address
Destination Address
4628 Penn St, Philadelphia, PA

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