Listed price in listed location currency (USD).
$319,000

000

MLS® PAPH2638820

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2248 sqft
Garage 
Taxes $3,257
Days Active 4
Lot Size 0.05 Acres
Approx. Age 1925
Avg. Price Per Sqft $141
MLS® Number PAPH2638820

Property Address: 6226 Race St, PHILADELPHIA, PA, 19139-2273

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

Description

Investor opportunity with tremendous upside! This legal 3-unit, semi-detached multifamily property offers approximately 2, 400 square feet of living space and is approximately 90% complete, presenting the perfect chance for an investor to step in, finish the project, and reap the rewards. Being sold due to a partnership dissolution, this is a rare opportunity to acquire a nearly completed income-producing asset at a significant value. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath apartments and one spacious 3-bedroom, 1-bath apartment, for a total of 7 bedrooms and 3 bathrooms. Major infrastructure improvements have already been completed, including separate utility meters and a brand-new water meter, helping streamline future management and tenant billing. With projected rental income of approximately $5, 300 per month, this property offers exceptional cash flow potential and is positioned to achieve a strong cap rate once fully stabilized. Whether you’re a seasoned multifamily investor, a landlord looking to expand your portfolio, or a developer seeking a project nearing the finish line, this property checks all the boxes.Take advantage of this unique opportunity to complete a high-yield multifamily asset and add a strong performer to your investment portfolio.
MLS® NumberPAPH2638820
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
BasementUnfinished
DrivewayOn Street
Garage Spaces
HeatRadiator
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 18, 2026List Date
$319,000List Price
  • Commute

Commute

Starting Address
Destination Address
6226 Race St, Philadelphia, PA

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