274 S 58th St

Philadelphia PA 19139

7770 sq. ft.

3827 sq. ft.

Other

Currently for sale - view listing

Overview

274-276 Street offers the opportunity to acquire a fully renovated six-unit building in the Cobbs Creek section of West Philadelphia. The property was originally built in 1925 and underwent a full renovation in 2021, resulting in six updated two-bedroom units with practical layouts and modern interior finishes that continue to perform well with today’s rental demand. There is additional value-add potential through the introduction of laundry, either within each unit or as a shared amenity, creating an avenue for increased revenue and improved tenant retention. The location is highly accessible, situated just a short walk to the Market-Frankford Line, allowing for easy connectivity across the city. The surrounding area has seen consistent rental demand driven by nearby parks, neighborhood retail, and convenient access to public transportation. The property may also be positioned for voucher-based tenants, including PHA programs, subject to buyer verification. This is a stabilized asset with recent capital improvements and clear upside, making it a strong candidate for investors seeking both current income and long-term growth in West Philadelphia.