MLS#PAPH2592362
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLPHILADELPHIA CITY
Property Description
7-Unit Multifamily Investment Opportunity | Value-Add | West Kensington, Philadelphia 175 West Berks Street – Philadelphia, PA Positioned in the rapidly evolving West Kensington neighborhood, 175 West Berks Street presents an excellent opportunity to acquire a stabilized multifamily asset with strong upside potential. Surrounded by ongoing redevelopment and new residential construction, the property benefits from the continued growth and investment transforming the area. This 7-unit multifamily building consists of six one-bedroom apartments and one efficiency unit, offering a well-balanced unit mix attractive to renters seeking affordable housing near major employment and education hubs. Investors will appreciate the value-add opportunity through rent increases to current market levels, creating the potential to improve net operating income. Additionally, there may be the possibility of vertical expansion by adding additional floors, subject to verification with local zoning regulations. Investment Highlights 7-unit multifamily property Unit mix: 6 one-bedroom apartments, 1 efficiency Located in rapidly developing West Kensington Surrounded by new multifamily construction and luxury residential development Value-add opportunity through rent increases Potential development upside through vertical expansion (buyer to verify) Strong rental demand in a centrally located Philadelphia neighborhood Showings: Please allow 24–48 hours’ notice to coordinate access to the maximum number of units. Financials available upon request.
Property Features
Property Type: Commercial -
Cooling: None
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 0.03 Acres
Taxes: $7,418
Year Built: 1910
Feature Descriptions
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 2
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Keller Williams Real Estate - Newtown
Agency Phone: 2158604200
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
175 00 W Berks Street | MLS# PAPH2592362
This commercial property located at 175 00 W Berks Street , Philadelphia, PA 19122 is currently listed for sale with an asking price of $725,000. 00 W Berks Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.