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4628 Penn Street Philadelphia, PA $ 279,900
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$ 279,900 Get more info
4628 Penn Street
$ 279,900
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4628 Penn Street

Philadelphia, PA, 19124
$ 279,900
Bedrooms6 Baths0.0

Monthly Estimate*

$ 1,767

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Multi-Family Home for sale in Philadelphia, PA

for $279,900 with 6 bedrooms. This home was built in 1940 on a lot size of 0.06.

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 accessUnit 2: 2 beds, 1 bath $1,150/monthUnit 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.

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Multi-Family Active

Price

$ 279,900

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 3,096

Style

Lot Size

0.06

Year Built

1940

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2665396
Features
General
Living Area 2910
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession 0-30 Days CD 31-60 Days CD
Roof Flat
Zoning RM1
Architectural Style Other
Construction Materials Brick Front Brick
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 1940
Electric Circuit Breakers
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name FRANKFORD
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 14
Status ACTIVE
Directions The property is located two blocks from Frankford and Orthodox
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19124 (19124)
Lot Size Units Square Feet
Lot Size Square Feet 2636.00
Number of Units Leased 3
Tax Annual Amount 3096.0
Property Condition Good
Two Bedroom 1
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 96.19
Acceptable Financing Conventional
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Long Term
Standard Status Active
Year Built Source Estimated
Tax Lot 108
Total Actual Rent 38700.00
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Interior
Heating Fuel Natural Gas
Basement Full Unfinished
Flooring Fully Carpeted
Hot Water Natural Gas
Total Stories 3
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Spa N
Water View Y/N N
Lot Dimensions 22X120
Lot Size Acres 0.06
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 44240.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4628
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* Excluded Features
List By
Bhhs Fox & Roach-Jenkintown

Broker

christian.washington@foxroach.com

Email

Affordability Calculator

$2,025
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,767
Monthly Property Taxes
$258
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3533249 Elementary School
3533189 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/28/2026$279,900 -9.68% Price Down
9/8/2026$309,900 -11.43% Price Down
8/31/2026$349,900 Listed Price

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4628 Penn Street, Philadelphia, PA, 19124 is a Multi-Family Home for sale at $279,900 with a lot size of 0.06. 4628 Penn Street has 6 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 19124 which is in Philadelphia, PA

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