For Sale

Description

Premier Turnkey Investment Opportunity | Fully Stabilized 5-Unit Corner Asset | Condo Exit Strategy | Olde Kensingto Exceptional opportunity to acquire a fully stabilized, income-producing 5-unit corner property in the heart of the rapidly appreciating Olde Kensington / Fishtown corridor. Currently generating $106,917 in annual rental income with all units leased, this asset delivers immediate cash flow with significant long-term upside in one of Philadelphia’s strongest rental markets. The building was designed with modern, high-demand finishes that continue to attract strong tenant demand. Each residence features open-concept layouts, beautiful hardwood flooring, recessed lighting, oversized windows providing exceptional natural light, quartz countertops, stainless steel Frigidaire Gallery appliances, in-unit washer/dryers, and generous closet space. Select units offer private balconies, while tenants also enjoy access to a shared roof deck, creating desirable outdoor living space. Positioned on a prime corner lot, the property benefits from excellent exposure, strong curb appeal, and sun-filled interiors throughout the building. Located just minutes from Fishtown, Northern Liberties, and Center City, the property sits in one of the city’s most vibrant neighborhoods surrounded by top restaurants, bars, coffee shops, retail, offices, and convenient public transit, making it an extremely desirable location for renters. Unique Investment Advantage The property is already legally established as five separate condominiums with individual tax ID numbers, offering investors a rare and valuable multiple-exit strategy. Buyers can continue operating the property as a high-performing multifamily investment or sell units individually in the future, unlocking potential additional value. Investment Highlights • 5 Units – Fully Occupied • $106,893 Annual Gross Rental Income • Corner Property with Excellent Natural Light • Modern Construction with High-End Finishes • Quartz Countertops & Frigidaire Gallery Appliances • In-Unit Washer & Dryer in Every Unit • Private Balconies + Shared Roof Deck • Separate Condo Tax IDs for Each Unit (Rare Exit Strategy) • Prime Location Between Fishtown, Northern Liberties & Olde Kensington Turnkey multifamily opportunities with strong income, premium finishes, and condo flexibility in this location are increasingly rare.