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Photo of 601 N 39th Street, Philadelphia PA
601 N 39th Street
Philadelphia, PA 19104
# of Units
3
3 Bdrm Units
3
Acres
0.03
Interior SqFt
3,240
Age
6
Heating
N/A
Cooling
N/A
Water
Private
Sewer
Public
Garages
0
Taxes (2025)
646
Additional Details Below

Description

A fully vacant mixed-use multifamily property located in Philadelphia, PA 19104. The property consists of three units totaling approximately 3, 600 rentable square feet, including two three-bedroom apartments and one ground-floor commercial space on the corner of 39th street and Haverford Ave The asset is being offered vacant, providing an investor with immediate control over leasing strategy, tenant mix, and rental positioning. All income, expense, and return metrics presented herein are pro forma and based on market-supported assumptions. At the price of $695,000, the property is projected to generate a pro forma Net Operating Income of approximately $47,909, representing a projected cap rate of 6.89% upon stabilization.

Location

Driving Directions

From Market Street → Head west on Market St toward N 40th St → Turn right onto N 39th St → Property is on the right side just north of Market St / near the University City area Landmarks: Near the University of Pennsylvania / Drexel University area

Listing Details

Summary
Architectural Type

Traditional

Exterior Features
Exterior Features

Masonry

Utilities
Heating

Hot Water

Hot Water

Electric

Sewer

Public Sewer

Water

Private/Community Water

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Cmx1
Lattitude : 39.963303
Longitude : -75.199432
MLS# : PAPH2576864
Views : 30
Listing Courtesy: Saam Tashayyod of Trophy Commercial Real Estate LLC

Notes

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Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

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