MLS#PAPH2648398
STATUSACTIVE
PROPERTY TYPECommercial -
SUBDIVISIONGRADUATE HOSPITAL
SCHOOLPHILADELPHIA CITY
Property Description
Prime Five-Unit Corner Apartment Building in the Heart of Graduate Hospital, Center City Philadelphia Available for the first time in over 30 years, this exceptional corner property is located at 20th and Clymer Streets. Each apartment has separately metered utilities (except hot and cold water). The building currently generates $71,220 in gross annual income and $52532.40 in net annual income, with a cap rate of 6.57%. Current rents are below market, and the property’s true value-add lies in its existing five-unit rental license and premier corner location, Additional property features include vinyl double-pane insulated windows, gas boilers in four of the five apartments, and a coin-operated washer and dryer. Half of the roof was replaced approximately two years ago, and the entire exterior has been freshly painted. All units are equipped with air conditioning. Many units have been updated with engineered wood flooring. The apartments are compact—ranging from approximately 325 to 475 sq. ft. each—and are designed for single occupancy, resulting in less wear and tear on the building. Graduate Hospital is celebrated for its vibrant community, outstanding walkability, and proximity to premier restaurants, shops, parks, and major institutions. Property Highlights: • Prime corner lot with excellent visibility • Five apartments, each with separate utilities (except hot and cold water) • Strong and steady rental income in a high-demand neighborhood • Significant value in the existing five-unit rental license and development potential • Walk Score: 97 — Walker’s Paradise • Transit Score: 100 — Rider’s Paradise • Bike Score: 85 — Very Bikeable (approximate, based on neighborhood) Located just steps from all that Center City has to offer—including Rittenhouse Square and the University of Pennsylvania—this is a rare investment opportunity in one of Philadelphia’s most walkable and transit-accessible neighborhoods.
Property Features
Property Type: Commercial -
Cooling: Wall Unit
Fuel Type: Natural Gas
Heating: Radiator, Forced Air
Lot Size: 0.02 Acres
Roof Type: Asphalt
Taxes: $6,747
Year Built: 1900
Feature Descriptions
Electric: 200+ Amp Service
Exterior: Masonry
Flooring: Engineered Wood, Wood, Carpet
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 5
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Best City Homes Inc
Agency Phone: 2155451144
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
734 S 20th Street | MLS# PAPH2648398
This commercial property located at 734 S 20th Street , Philadelphia, PA 19146 is currently listed for sale with an asking price of $799,500. S 20th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.