1686 Harrison St, Philadelphia, PA 19124
Local realty services provided by:ERA Martin Associates
1686 Harrison St,Philadelphia, PA 19124
$330,000
- 5 Beds
- - Baths
- 2,240 sq. ft.
- Multi-family
- Active
Listed by:saam tashayyod
Office:trophy commercial real estate llc.
MLS#:PAPH2529392
Source:BRIGHTMLS
Price summary
- Price:$330,000
- Price per sq. ft.:$147.32
About this home
1686 Harrison Street, a stabilized five-unit multifamily asset located in the Holmesburg section of Northeast Philadelphia. This well-maintained walk-up offers a balanced mix of tenant affordability and durable in-place cash flow, making it an attractive investment for first-time buyers or seasoned operators seeking low-maintenance yield. Priced at just $66,000 per unit, the asset provides strong day-one returns and the opportunity for future upside through light operational enhancements and rent adjustments. This property offers reliable returns and low-friction management.
INVESTMENT HIGHLIGHTS:
- Fully occupied and cash flowing at acquisition
-Operating expenses at just 34.9% of income
-Gross income of $44,460/ year with potential for modest rent increases
-CAP Rate: 8.51% with Cash-on-Cash Return of 8.12%
-Walking distance to SEPTA transit, retail, and regional employment
Contact an agent
Home facts
- Year built:1940
- Listing ID #:PAPH2529392
- Added:47 day(s) ago
- Updated:October 06, 2025 at 01:37 PM
Rooms and interior
- Bedrooms:5
- Living area:2,240 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1940
- Building area:2,240 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$330,000
- Price per sq. ft.:$147.32
- Tax amount:$3,282 (2025)
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