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2311 CHRISTIAN STREET, PHILADELPHIA, PA 19146
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$750,000
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Home Details for 2311 CHRISTIAN STREET
Price
$750,000
Type
Commercial/Industrial
Year Build
1900
Lot Size
0.03
County
PHILADELPHIA
Tax
$6,383
MLS®️ Listing#
PAPH2512928
On exitrealty.com
134 days
Property Description
Outstanding Investment Opportunity with a current cap rate of 6.7% – 5-Unit Apartment Building located in Graduate Hospital. This is a neighborhood where buildings of this size in shell condition go for over $600,00 and you can buy a turn key investment opportunity for $750,000. This is a building has a stable tenant base with long-term residents, ensuring a consistent and dependable rental income stream, while also offering potential for increased value through higher rents. The currently rents are below market, current gross income is $65,340 all tenants pay on time every month like clockwork and all utilities are separated expect cold water . Situated on a desirable Christian Street near restaurants, parks, and public transportation, the property provides exceptional walkability and convenience for tenants. A superb asset for any investment portfolio, this building offers immediate income as well as strong potential for future appreciation. Graduate Hospital neighborhood ratings:
• Walk Score: 95 (Walker’s Paradise – daily errands can be accomplished without a car)
• Transit Score: 85 (Excellent Transit – public transportation is convenient for most trips)
• Bike Score: 94 (Biker’s Paradise – daily errands can be easily completed on a bike)
These impressive scores make the area highly attractive to both renters and investors
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- Cooling Information
- Window Unit(s)
- Wall Unit(s)
- Electric
- Heating Information
- Natural Gas
- Radiant
- Water Features
- Public
- Parking
- None
Listing Courtesy: Best City Homes Inc - 215-545-1144
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 09:56:13
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143