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Listed price in listed location currency (USD).
$1,585,000

0150

MLS® PAPH2583348

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $2,099
Days Active 6
Approx. Age 2019
MLS® Number PAPH2583348

Property Address: 1917 E Letterly St, PHILADELPHIA, PA, 19125-1260

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

Description

This is not a lease-up story. There is no vacancy narrative to underwrite and no pro forma guesswork — just proven performance and predictable cash flow. 1917 E. Letterly is an 8-Unit apartment building in the heart of East Kensington. Ideal opportunity for 1031 exchange buyers or investors looking to add scale, stability, and architectural presence to an existing portfolio. Completed in 2017, this building is 100% occupied at market rents, delivering documented income of approximately $12, 000 per month in gross rents from day one. The per-building unit mix includes four 3-bedroom, 3-bath units, two 2-bedroom, 2-bath units, and two 1-bedroom, 1-bath units. All residences feature in-unit washer/dryer, central air, and defined living/dining spaces — amenities that support strong tenant retention and long-term rent growth. Located steps from the Market-Frankford Line, Frankford Avenue, and the rapidly evolving Kensington Avenue corridor. All zoning, licenses, leases, and operating expenses are fully documented. Profit & Loss statements and supporting financials are available for qualified inquiries. Let Co-List Christian Fegel know what financial information your client needs, and we will promptly provide it. Consider bundling with its identical twin at 1918-20 E.Cumberland (MLS # PAPH2581540) for a total of 16 units.
MLS® NumberPAPH2583348
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2019
Stories4
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

8 Refrigerators, 8 Washers, 8 Dryers

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 13, 2026List Date
$1,585,000List Price
  • Commute

Commute

Starting Address
Destination Address
1917 E Letterly St, PHILADELPHIA, PA

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