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Deepak Kumar

deepak@realestatebydk.com +1(908) 517-1100

Listed by Ryan J McManus • Keller Williams Liberty Place

$ 2,300,000

Est. payment -/mo

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4557 MANAYUNK AVE Philadelphia, PA 19128

11,850 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 11,850 sqft

Price per Sqft $194

Subdivision Roxborough

MLS Listing ID PAPH2481616

Style Unit/Flat

Abv Grd Liv Area 11,850

Year Built 1800

Tax Year 2024

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Cahill Arms Roxborough — this entirely unique multifamily investment property is loaded with original charm and modern conveniences. With seven (7) 1-2-3 bedroom apartments and a 1:1 parking ratio (7-car driveway), this is a rare investment opportunity, now available in one of Philly's fastest growing submarkets. An ideal unit matrix is composed of: three (3) 3bd units, two (2) 2bd units, two (2) 1bd units — ensuring supreme rentability in every market cycle. The NWPHL (Northwest Philly) location is prime — easy access to Schuylkill River Trail, shops, cafes, restaurants and bars along Ridge Avenue corridor, as well as the Main Street Manayunk district. This location is highly favored in the Greater Philadelphia rental marketplace as tenants seek out spacious and affordable rental accommodations in "semi-suburban" edge city locales — close enough to the urban core, yet tranquil enough for a laid-back/outdoorsy lifestyle. Easily accessible to all of Philadelphia's main arteries and districts, including I-76, I-476, City Avenue, Ridge Avenue, Main Street + Center City, University City, The Main Line, and the suburbs. The parcel commands attention with its prominent corner placement. The gated building is luxuriously laid out with spaciously oversized units, 10' ceilings, beautiful corridors, custom millwork, bi-level and tri-level units, french balconies, exposed Wissahickon schist (stone) and other high-end building material selections. As a multifamily investment property, ±70% rental upside exists for new Ownership to fill vacancies and reset existing rentals to market rate. Alternatively, there is a ±$1M delta between the bulk market price of each unit (to be sold separately as condos) if that exit path is preferred. The condo association is active. Enquire within for pro forma financials.

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning RSA3

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

View City

Accessibility Other

Garage N

Building

Lot Description Corner

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Additional Building Above Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 888212208

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Deepak Kumar

+1(908) 517-1100

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