4347 Paul St, PHILADELPHIA, PA 19124
Local realty services provided by:ERA Byrne Realty
4347 Paul St,PHILADELPHIA, PA 19124
$449,900
- 4 Beds
- - Baths
- 3,040 sq. ft.
- Multi-family
- Active
Listed by:stacy l sanseverino
Office:kw empower
MLS#:PAPH2478584
Source:BRIGHTMLS
Price summary
- Price:$449,900
- Price per sq. ft.:$147.99
About this home
INVESTOR'S DREAM WITH TENANT APPEAL – RENOVATED 3-UNIT MULTIFAMILY WITH OVER 10% CAP RATE! An incredible opportunity to own a fully renovated, high-performing 3-unit apartment building offering exceptional cash flow and long-term potential. Stripped to the studs in 2012, this property has been modernized with all the major upgrades already completed, making it turnkey for investors and inviting for tenants alike. INVESTOR HIGHLIGHTS: (1) 10%+ Cap Rate Potential with projected gross rents of $4,400/month (with room to grow with Optional Add-Ons: Basement can be monetized with coin-op laundry and/or storage for the tenants for additional income. A tenant has already expressed interest in renting the basement for $300/month. Or use the basement yourself for storage, or rent it out to a local contractor needing a convenient place for their tools & supplies). (2) Fully compliant: Rental License & Lead Paint Safe Certificates in place. (3) Upgraded Systems: Certified fire alarm system, updated sprinklers, and separate electric meters (plus house meter for common areas). No gas utility for simplified management. (4) Major Infrastructure Work Done: New sewer, water, and sprinkler lines all the way to the city connection. CURRENT UNIT BREAKDOWN: Unit 1 (Vacant, market-ready): Private side entrance, 2 beds, 1 bath, stylish central kitchen with dining nook. The owner has a prospect interested in the unit at $1,700/month. Unit 2: 2 beds, 2 baths, including a Jack & Jill layout bathroom for the front bathroom & an ensuite bathroom for the rear bathroom, plus a bonus alcove for home office/study. Renewal at $1,700/month expected. Unit 3: Top-floor loft-style studio with soaring ceilings and private entry via shared hallway. Currently at $800/mo, increasing to $1,000/mo in November. TENANT-FRIENDLY FEATURES: (1) Each unit has its own Central Air system. (2) Attractive wood and tile floors throughout. (3) Fire-rated unit doors and solid construction for added peace of mind. (4) Dedicated access to a large shared yard and off-street parking. (5) Walkable to transit & shopping: Just 5 minutes to the Church St El Station, plus quick access to ALDI, Walmart, Lidl, Home Depot, and ShopRite. OWNER-OCCUPANT OPPORTUNITY: Take advantage of the rare chance to move into Unit 1 before it’s leased! Live in one unit while collecting rental income from the other two. This property checks all the boxes: strong financials, low maintenance, prime location, and modern upgrades. Whether you're an experienced investor seeking cash flow or a savvy buyer looking to live in one unit and rent the others, this building offers unmatched value and flexibility. Act now—this opportunity won’t last long!
Contact an agent
Home facts
- Year built:1915
- Listing Id #:PAPH2478584
- Added:108 day(s) ago
- Updated:August 22, 2025 at 02:41 PM
Rooms and interior
- Bedrooms:4
- Living area:3,040 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1915
- Building area:3,040 sq. ft.
- Lot area:0.08 Acres
Schools
- High school:FRANKFORD
- Middle school:ALLEN M. STEARNE
- Elementary school:STEARNE ALLEN
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$449,900
- Price per sq. ft.:$147.99
- Tax amount:$4,549 (2025)
New listings near 4347 Paul St
- New
$120,000Active6 beds 3 baths2,100 sq. ft.228 E Haines St, PHILADELPHIA, PA 19144
MLS# PAPH2520040Listed by: ELFANT WISSAHICKON-RITTENHOUSE SQUARE - New
$2,175,000Active5 beds 4 baths4,018 sq. ft.400 East Evergreen Avenue, PHILADELPHIA, PA 19118
MLS# PAPH2530068Listed by: KURFISS SOTHEBY'S INTERNATIONAL REALTY - New
$35,000Active0.04 Acres2229 W Ontario St, PHILADELPHIA, PA 19140
MLS# PAPH2530250Listed by: KELLER WILLIAMS MAIN LINE - New
$549,900Active4 beds 2 baths1,680 sq. ft.1537 S 13th St, PHILADELPHIA, PA 19147
MLS# PAPH2530274Listed by: CENTURY 21 FORRESTER REAL ESTATE - New
$384,900Active4 beds 3 baths1,868 sq. ft.811 Knorr St, PHILADELPHIA, PA 19111
MLS# PAPH2530224Listed by: RE/MAX 2000 - New
$400,000Active2 beds 2 baths1,140 sq. ft.926 Winton St, PHILADELPHIA, PA 19148
MLS# PAPH2530214Listed by: ROI NATIONAL REALTY CORP - New
$599,000Active5 beds 4 baths2,668 sq. ft.338 E Mount Airy Ave, PHILADELPHIA, PA 19119
MLS# PAPH2530216Listed by: RE/MAX ACHIEVERS-COLLEGEVILLE - Coming SoonOpen Sun, 2:30 to 4pm
$289,000Coming Soon3 beds 1 baths5431 Saul St, PHILADELPHIA, PA 19124
MLS# PAPH2529590Listed by: KELLER WILLIAMS REAL ESTATE TRI-COUNTY - New
$234,999Active2 beds 2 baths1,036 sq. ft.47201-00 Delaire Landing Rd #201, PHILADELPHIA, PA 19114
MLS# PAPH2527974Listed by: KELLER WILLIAMS REALTY DEVON-WAYNE - New
$349,000Active3 beds 2 baths1,087 sq. ft.9235 Leon St, PHILADELPHIA, PA 19114
MLS# PAPH2528508Listed by: HOMESTARR REALTY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.