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344 Van Kirk St
Philadelphia, PA 19120
Multifamily Property For Sale
·
5 Units
EXECUTIVE SUMMARY
Located in the Lawncrest section of Philadelphia, this meticulously maintained garden-style 5-unit multifamily property represents a premier investment opportunity for discerning investors. Legally zoned as a 5-unit residential building, the asset is fully occupied with a proven rental history, delivering consistent cash flow and strong returns.
The property features two one-bedroom units with an average rent of $1,095/month and three two-bedroom units with an average rent of $1,173/month, all with separated utilities to optimize operational efficiency and minimize landlord expenses. Each unit is appointed with luxury vinyl tile flooring, classic cabinetry, and modern black appliances, ensuring tenant retention and market competitiveness.
On-site laundry facilities further enhance the property’s income potential. In excellent condition, this turnkey asset offers immediate value with minimal capital expenditure required, making it an ideal addition to a diversified investment portfolio.
The property features two one-bedroom units with an average rent of $1,095/month and three two-bedroom units with an average rent of $1,173/month, all with separated utilities to optimize operational efficiency and minimize landlord expenses. Each unit is appointed with luxury vinyl tile flooring, classic cabinetry, and modern black appliances, ensuring tenant retention and market competitiveness.
On-site laundry facilities further enhance the property’s income potential. In excellent condition, this turnkey asset offers immediate value with minimal capital expenditure required, making it an ideal addition to a diversified investment portfolio.
PROPERTY FACTS Under Contract
| Price Per Unit | $199,617 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 5 | Building Size | 4,431 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Zoning | RSA3 | ||
| Price Per Unit | $199,617 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,431 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1960 |
| Zoning | RSA3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 881130120 | Improvements Assessment | $222,233 CAD |
| Land Assessment | $95,243 CAD | Total Assessment | $317,475 CAD |
PROPERTY TAXES
Parcel Number
881130120
Land Assessment
$95,243 CAD
Improvements Assessment
$222,233 CAD
Total Assessment
$317,475 CAD
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