207 N 63rd St, Philadelphia, PA 19139
Local realty services provided by:ERA Reed Realty, Inc.
207 N 63rd St,Philadelphia, PA 19139
$685,000
- 9 Beds
- - Baths
- 4,732 sq. ft.
- Multi-family
- Active
Listed by: dan deckelbaum
Office: kw empower
MLS#:PAPH2614748
Source:BRIGHTMLS
Price summary
- Price:$685,000
- Price per sq. ft.:$144.76
About this home
207 N 63rd Street is a turn key, rent ready 7-unit multifamily building offering strong in-place income with additional development upside in West Philadelphia’s Cobbs Creek/Haddington corridor. The property features two 2-bedroom, 1-bath units and five 1-bedroom, 1-bath units, with all seven units currently operating as a furnished mid-term rental program generating approx $10,000 per month gross income. For investors seeking a traditional multifamily model, the property also offers a long-term rental pro forma of approximately $8,000 per month. With no long-term leases to assume, the next owner has flexibility to continue the existing operation or transition the building to conventional multifamily use.
The building has been thoughtfully updated with a new roof, updated mechanical systems, finished kitchens, updated bathrooms, and design-forward accent finishes throughout. The units are fully furnished and rent-ready under the current boutique rental program, creating a seamless opportunity for an investor looking to continue the existing cash-flowing operation. The current operating structure may also be transferable, including pricing strategy, rental platform setup, cleaning vendors, and turn protocols.
The lot goes street-to-street with a 225' deep lot, which may support a potential development opportunity to build an additional apartment building behind the existing structure, subject to buyer verification of zoning, approvals, and feasibility. This creates a unique opportunity to acquire stabilized in-place income while exploring future development potential.
Located near the Market-Frankford Line at 63rd and Market Station, the property offers convenient access to Center City, University City, Drexel, Penn, CHOP, and surrounding employment and education hubs.
Available individually or as part of a package with 211 N 63rd Street, a 5-unit property listed separately for $490,000. Buyers may submit offers on either building independently or the 12-unit portfolio. Tours by appointment with 48 hours’ notice....
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Home facts
- Year built:1925
- Listing ID #:PAPH2614748
- Added:54 day(s) ago
- Updated:June 27, 2026 at 04:37 PM
Rooms and interior
- Bedrooms:9
- Basement:Yes
- Basement Description:Unfinished
- Living area:4,732 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1925
- Building area:4,732 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Brick
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$685,000
- Price per sq. ft.:$144.76
- Tax amount:$740 (2005)
Parking
- Parking description:On Street
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