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sales rep | Brivity IDX

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4628 Penn St , Philadelphia, PA 19124
$279,900
Est. Payment: $1,512.07/mo
6 Bed
3 Bath
2910 Sqft
0.06 Acres
Status: active | Days on site: 61
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61023 - 3282263
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House Description

Attention Investors: Turnkey, Fully Occupied Triplex! 4628 Penn Street is a fully renovated, 100% occupied triplex generating $3,225/month ($38,700/year) in gross rental income. All units have separate gas and electric utilities paid directly by the tenants, reducing owner-paid expenses. The property generated 2025 NOI of $21,208.41, representing approximately a 7.6% cap rate at the $279,900 asking price. The property also features a coin-operated washer and dryer in the basement, providing an additional income stream. Unit Breakdown: Unit 1: 2 beds, 1 bath — $1,250/month with private backyard access
Unit 2: 2 beds, 1 bath — $1,150/month
Unit 3: 1 bed, 1 bath — $825/month All three units are occupied under fixed-term leases. With renovations complete and tenants already in place, the next owner can acquire a stabilized, income-producing multifamily property without a major upfront renovation or initial lease-up. Offered at $279,900. Schedule your private tour today.

Highlights

Listed by christian washington , 2679815392 BHHS Fox & Roach-Jenkintown , 2158870400. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1940

County

Philadelphia

Area

19124 (19124)

Neighborhood

Frankford

School District

The School District Of Philadelphia

Listing ID

PAPH2665396

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Floor:Fully Carpeted
Above Ground Sq Ft:2910
Basement:Full,Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:22X120
Zoning:Triplex
Roof:Flat
Others:
  • ▪ Additional:Good
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,512
Taxes
$258

Home Price

$279,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$55,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,512.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,512.07 $258.00 $0.00 $1,770.07
Yearly $18,144.82 $3,096.00 $0.00 $21,240.82
Total $544,344.57 $92,880.00 $0.00 $637,224.57
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS