248-262 Alder St Philadelphia, PA ^$ 3,000,000

248-262 Alder St

^$ 3,000,000

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Recently Listed

248-262 Alder St

Philadelphia, PA, 19107

^$ 3,000,000

Bedrooms-- Baths-- Sq 6,632

Monthly Estimate*

^$ 18,472

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Commercial Property for sale in Philadelphia, PA

for $3,000,000. This 6,632 square foot building was built in 1900 on a lot size of 0.11.

Prime Investment Opportunity: Rare 8-Unit Townhome Portfolio on S. Alder Street, Center City Philadelphia. Seize this turnkey multifamily portfolio of 8 contiguous charming rowhomes in a serene, low-traffic block with unbeatable proximity to major institutions and amenities. Ideal for investors seeking stable cash flow, value-add upside, or potential redevelopment in one of Philadelphia's most accessible locations. Private Backyard + Dual Access: Enjoy your own outdoor oasis with front street entry and rear alley accessideal for urban living or entertaining. Serene & Secure Location: Nestled on a quiet streetno through traffic! The gated rear alley adds privacy and peace of mind Unbeatable Center City Location: Literally steps from Jefferson Hospital, Penn Hospital, City Hall and more!

Commercial Active

Price

^$ 3,000,000

Property Type

Commercial

Taxes

^$ 42,954

Style

Lot Size

0.11

Year Built

1900

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2576108

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Forced Air

Cooling Central A/C

Possession 61-90 Days CD

Zoning RSA5

Construction Materials Brick Front Masonry

Year Built 1900

Property Subtype Five Or More Units

Tax Year 2019

Ownership Fee Simple

Cool Fuel Electric

Municipality PHILADELPHIA

Business Type Other

Accessibility None

County PHILADELPHIA

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions between 10th and 11th ST Spruce and Locust ST next to Jefferson Hospital

City PHILADELPHIA

MLS Area 19107 (19107)

Lot Size Units Square Feet

Lot Size Square Feet 5000.00

Tax Annual Amount 42954.0

Price Per Sq Ft Total AG 448.7

Acceptable Financing Conventional Bank Portfolio Cash

Vacation Rental Y/N N

Standard Status Active

Year Built Source Estimated

Exterior

Water Source Public

Type of Parking None

Water View Y/N N

Building Area Total 6686.00

Lot Size Acres 0.11

Lot Size Source Estimated

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 248

* Excluded Features

List By

Tesla Realty Group, Llc

Broker

contact@apexrealtyinvestment.com

Affordability Calculator

$22,051

Per Month

Monthly Principal & Interest: $18,472
Monthly Property Taxes: $3,580
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Philadelphia, PA

Average List Price ^$1,110,054

Percent of Sale Price 63%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/19/2026	$3,000,000		Listed Price

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248-262 Alder St, Philadelphia, PA, 19107 is a Commercial Property for sale at $3,000,000 with 6,632 sqft and a lot size of 0.11. 248-262 Alder St was built in 1900. The property's zip code is 19107 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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248-262 Alder St

Commercial Property for sale in Philadelphia, PA

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