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2115 N 63rd St 4 Unit Apartment Building $2,706,106 CAD ($676,526 CAD/Unit) 6.52% Cap Rate Philadelphia, PA 19151



INVESTMENT HIGHLIGHTS
- Fully Occupied, 11 residential, 2 commercial, 19 garages
- Close to Saint Joseph's University and Lankenau Hospital
- Close to public transportation
EXECUTIVE SUMMARY
Remarkable investment opportunity in Overbrook, close to Saint Joseph's University and City Ave! 13 Unit Building plus 19 Garages. Featuring 11 residential rental units, 2 commercial units, and 19 garages, this prominent building with strong rental history is a rare find and a cash-flowing addition to your portfolio. Fully occupied, the residential units comprise of 2 studios, 6 one-bedroom, and 3 two-bedroom units, some of which have been updated already. Both commercial spaces are occupied by long-term tenants. There is also a brand new common laundry room and an additional surface lot for tenant parking. Steps from Overbrook Septa Station, this location offers easy access to the city and the Main Line. Easy access to City Ave, Lancaster Ave, and 76 and nearby institutions like Saint Joseph's University and Lankenau Hospital.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
| Price | $2,706,106 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $676,526 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Cap Rate | 6.52% | Building Size | 9,181 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1922 |
| Property Subtype | Apartment | Parking Ratio | 2.61/1,000 SF |
| Zoning | C2, Philadelphia - C2 zoning allows for a variety of commercial uses like retail stores, restaurants, offices, and hotels. | ||
| Price | $2,706,106 CAD |
| Price Per Unit | $676,526 CAD |
| Sale Type | Investment |
| Cap Rate | 6.52% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 9,181 SF |
| No. Stories | 3 |
| Year Built | 1922 |
| Parking Ratio | 2.61/1,000 SF |
| Zoning | C2, Philadelphia - C2 zoning allows for a variety of commercial uses like retail stores, restaurants, offices, and hotels. |
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Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 881128100 | Improvements Assessment | $1,153,180 CAD |
| Land Assessment | $494,220 CAD | Total Assessment | $1,647,400 CAD |
PROPERTY TAXES
Parcel Number
881128100
Land Assessment
$494,220 CAD
Improvements Assessment
$1,153,180 CAD
Total Assessment
$1,647,400 CAD
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2115 N 63rd St
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