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MLS: #PAPH2665396, Listed By: christian washington, BHHS Fox & Roach-Jenkintown, Source:Bright MLS

4628 Penn Street

PHILADELPHIA, PA 19124
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Bed 6

Bed

Bath 0

Bath

SqFt2,910

Sqft

Acres0.06

Acre(Lot)

Attention Investors: Turnkey, Fully Occupied Triplex! 4628 Penn Street is a fully renovated, 100% occupied triplex generating $3,225/month ($38,700/year) in gross rental income. All units have separate gas and electric utilities paid directly by the tenants, reducing owner-paid expenses. The property generated 2025 NOI of $21,208.41, representing approximately a 6.1% cap rate at the $349,900 asking price. The property also features a coin-operated washer and dryer in the basement, providing an additional income stream. Unit Breakdown: Unit 1: 2 beds, 1 bath — $1,250/month with private backyard access Unit 2: 2 beds, 1 bath — $1,150/month Unit 3: 1 bed, 1 bath — $825/month All three units are occupied under fixed-term leases. With renovations complete and tenants already in place, the n ext owner can acquire a stabilized, income-producing multifamily property without a major upfront renovation or initial lease-up. Offered at $349,900. Schedule your private tour today

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Detail Ic Property Details

Property Type : Residential Income

Price : $309,900

AD Id : 90914232

MLS Id : PAPH2665396

Beds : 6

Lot Size : 0.06 Acre

Living Area Size : 2,910

Tax Amount : 3096.00

Year Built : 1940

County : PHILADELPHIA

Subdivision: Frankford

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Feature Features

  • Bedroom Information

    Total beds: 6

    Room Information

    Rooms Total: 14 Has Basement: Yes Basement: Full, Unfinished
  • Flooring Information

    Carpet
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Year Built: 1940 Building Area Total: 2910 Construction Materials: Brick Veneer, Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 22X120 Lot Size Acres: 0.06 Lot Size Source: Estimated Lot Size Square Feet: 2636

    Property Information

    Subdivision: FRANKFORD Source Property Type: Residential Income Postal Code Plus 4: 5877 Zoning Description: Triplex Property SubType: Triplex Property Age: 86

  • Listing Price Information

    Listing Price: $309900

  • Tax Information

    Parcel Number: 234286900 Tax Lot: 108 Tax Year: 2026 Annual Tax: $3096

  • Parking Information

    On Street

  • Location Information

    Direction: The property is located two blocks from Frankford and Orthodox WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2094 Carver Street, Philadelphia, PA, 19124 $215,000 2 -- 1,446 --
5234 Jackson Street, Philadelphia, PA, 19124 $405,000 4 -- 1,841 0.09 Acre
4952 Hawthorne Street, Philadelphia, PA, 19124 $190,000 2 -- 1,472 0.04 Acre
2017 Orthodox Street, Philadelphia, PA, 19124 $295,000 4 -- 3,609 0.04 Acre
1631 Wakeling Street, Philadelphia, PA, 19124 $225,000 5 -- 2,000 0.04 Acre
4684 Hawthorne Street, Philadelphia, PA, 19124 $280,000 4 -- 1,582 0.05 Acre
4811 Darrah Street, Philadelphia, PA, 19124 $185,465 2 -- 908 0.03 Acre
5106 Penn Street, Philadelphia, PA, 19124 $199,900 2 -- 1,416 0.03 Acre
4723 Frankford Avenue, Philadelphia, PA, 19124 $350,000 6 -- 3,045 0.03 Acre
5135 Saul Street, Philadelphia, PA, 19124 $159,900 2 -- 1,337 0.03 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/09/2026 @ 19:16

MLS: PAPH2665396 LISTED BY: christian washington, BHHS Fox & Roach-Jenkintown 215-887-0400 SOURCE: Bright MLS

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