4951 W Thompson St, PHILADELPHIA, PA 19131

Local realty services provided by:ERA Statewide Realty
4951 W Thompson St,PHILADELPHIA, PA 19131
$629,000
  • 5 Beds
  • - Baths
  • 3,025 sq. ft.
  • Multi-family
  • Active
Listed by:breyon lenell young
Office:lime house
MLS#:PAPH2484172
Source:BRIGHTMLS

Price summary

  • Price:$629,000
  • Price per sq. ft.:$207.93

About this home

With the over saturation of luxury units in high priced neighborhoods, landlords in other neighborhoods are forced to give renter concessions or drastically cut their rent below marker. NOT HERE. Finally an opportunity to own in an area that is in high demand for quality units. This assets is selling at a verified 8.27% cap rate which falls perfectly in line with the area that trades regularly between 8-9%, often for lesser quality rehabs. Just take a quick swipe through the pictures, this is as turnkey of a performing asset as you can get. Currently 4/6 units are occupied, previously totaling $6080 of monthly revenue over the 6 residential units. With this income and lower property taxes and current mortgage rates, the property can provide a 1.45 DSCR, making it wildly appealing to secure financing via DSCR loan programs. There are no other opportunities to own this many units under one roof on the market, take this one while you can!

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Home facts

  • Year built:1925
  • Listing Id #:PAPH2484172
  • Added:88 day(s) ago
  • Updated:August 15, 2025 at 01:31 PM

Rooms and interior

  • Bedrooms:5
  • Living area:3,025 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Roof:Rubber
  • Year built:1925
  • Building area:3,025 sq. ft.
  • Lot area:0.05 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$629,000
  • Price per sq. ft.:$207.93
  • Tax amount:$2,828 (2024)