Listed by Ashwin Rashatwar • Empower Real Estate, LLC

$2,250,000

Est. payment - /mo

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2,146 Sqft Lot

New

4059 BARING ST Philadelphia, PA 19104

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Lee Wilson

lee@wilsongateproperties.com +1(240) 237-9101

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision University City

MLS Listing ID PAPH2535456

Year Built 2019

Annual Tax Amount $1,638

Tax Year 2024

Lot Size 2,146 Sqft

Acres 0.05

Lot Dimensions 22.00 x 98.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Discover a rare investment opportunity in the heart of University City. This 7,465 sq. ft., 5-unit building (15 beds, 12 full baths, 2 half baths) is only 5 years old and comes fully furnished with ultra-luxury finishes—including quartz counters, stainless steel appliances, white cabinetry, and bamboo hardwood floors. The property has a strong rental history and 25% upside potential. Additional highlights include fire sprinklers, fire alarm monitoring, and camera security system. With 5 years of real estate tax abatement remaining and proximity to UPenn, Drexel, and Market-Frankford Line transit, this is a turn-key, cash-flowing investment.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Bamboo

Inclusions Existing Furniture is AS IS condition

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 061029100

Ownership Fee Simple

SqFt Source Assessor

Security Features Exterior Cameras,Security System,Sprinkler System - Indoor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard