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MLS: #PAPH2638820, Listed By: Eric Land, KW Empower, Source:Bright MLS

6226 Race Street

PHILADELPHIA, PA 19139
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Bed 7

Bed

Bath 0

Bath

SqFt2,248

Sqft

Acres0.05

Acre(Lot)

Investor opportunity with tremendous upside! This legal 3-unit, semi-detached multifamily property offers approximately 2,400 square feet of living space and is approximately 90% complete, presenting the perfect chance for an investor to step in, finish the project, and reap the rewards. Being sold due to a partnership dissolution, this is a rare opportunity to acquire a nearly completed income-producing asset at a significant value. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath apartments and one spacious 3-bedroom, 1-bath apartment, for a total of 7 bedrooms and 3 bathrooms. Major infrastructure improvements have already been completed, including separate utility meters and a brand-new water meter, helping streamline future management and tenant billing . With projected rental income of approximately $5,300 per month, this property offers exceptional cash flow potential and is positioned to achieve a strong cap rate once fully stabilized. Whether you’re a seasoned multifamily investor, a landlord looking to expand your portfolio, or a developer seeking a project nearing the finish line, this property checks all the boxes.Take advantage of this unique opportunity to complete a high-yield multifamily asset and add a strong performer to your investment portfolio.

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Detail Ic Property Details

Property Type : Residential Income

Price : $319,000

AD Id : 85491103

MLS Id : PAPH2638820

Beds : 7

Lot Size : 0.05 Acre

Living Area Size : 2,248

Year Built : 1925

County : PHILADELPHIA

Subdivision: Haddington

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Feature Features

  • Bedroom Information

    Total beds: 7

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Radiant Cooling: None

  • Building Information

    Year Built: 1925 Building Area Total: 2248 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 20.00 x 110.00 Lot Size Acres: 0.05 Lot Size Source: Assessor Lot Size Square Feet: 2200

    Property Information

    Subdivision: HADDINGTON Source Property Type: Residential Income Postal Code Plus 4: 2273 Property SubType: Triplex Property Age: 101

  • Listing Price Information

    Listing Price: $319000

  • Tax Information

    Parcel Number: 341016300 Tax Lot: 16 Tax Year: 2025 Annual Tax: $3257

  • Parking Information

    On Street

  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
120 S 46th Street, Philadelphia, PA, 19139 $585,000 6 -- 2,600 2,600 SqFt
122 S 46th Street, Philadelphia, PA, 19139 $585,000 6 -- 2,600 2,600 SqFt
118 S 46th Street, Philadelphia, PA, 19139 $585,000 6 -- 2,600 2,600 SqFt
4617 Locust Street, Philadelphia, PA, 19139 $499,000 6 -- 2,700 2,700 SqFt
4631 Locust Street, Philadelphia, PA, 19139 $675,000 3 -- 1,950 1,950 SqFt
4640 Sansom Street, Philadelphia, PA, 19139 $585,000 3 -- 2,760 2,760 SqFt
865 N 47th Street, Philadelphia, PA, 19139 $304,900 4 -- 1,112 1,112 SqFt
4815 Walnut Street, Philadelphia, PA, 19139 $425,000 5 -- 3,200 3,200 SqFt
4815 Fairmount Avenue, Philadelphia, PA, 19139 $397,000 4 -- 2,055 2,055 SqFt
4841 Haverford Avenue, Philadelphia, PA, 19139 $180,000 5 -- 1,330 1,330 SqFt

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 06/22/2026 @ 19:29

MLS: PAPH2638820 LISTED BY: Eric Land, KW Empower 215-627-3500 SOURCE: Bright MLS

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