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22484802
29983902

1153 N Front St, Philadelphia, PA 19123

SW
PA 326040
SDG Real Estate
SS
PA RM424801
SDG Real Estate
Listed by SDG Real Estate
$1,235,000
455 days on market
Updated 14 days ago

1153 N front st

Details
Property Type Multifamily
Sub Type Apartment Building
Units 6
NOI $71,073
Occupancy 100%
Class A
Year Built 1915
Buildings 1
Stories 3
Lot Size (SqFt) 1,360
Zoning CMX3
Investment Type Stabilized
Ownership Fee Simple

Multifamily | 6 Units

Marketing description

Located in the heart of Philadelphia’s vibrant Fishtown and Northern Liberties districts, 1153 N Front St presents a remarkable investment opportunity—an income-generating asset with strong potential for long-term appreciation.

This multi-family property consists of five fully occupied residential units, each featuring modern finishes and thoughtfully designed floor plans. Positioned in a high-visibility area with strong foot traffic and seamless access to public transportation, this property is an ideal choice for investors looking to capitalize on Philadelphia’s dynamic rental market.

Adding to the neighborhood’s appeal, Front & Girard, a nearby property recently brokered by SDG-RE, is being transformed into a boutique grocery store, offering a convenient and attractive amenity for tenants.

Moreover, 1153 N Front St is zoned CMX-3, permitting short-term rentals by right. A lucrative opportunity for an owner looking to maximize returns. With its prime location and easy access to Center City via public transit, this property is well-positioned for high-demand short-term stays and long-term investment growth.

Investment highlights

  • Meticulously Rehabbed
  • Rare Opportunity
  • Ireplaceable location
  • Potential for short term stay
  • 100% Occupied
  • 6 Residential Units
  • Annual rent $93,636
  • Lot Size: 1,924 sqft
  • Zoned CMX3

Listing Contacts

SW
PA 326040
SDG Real Estate
SS
PA RM424801
SDG Real Estate
Listed by SDG Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,073.00
$5,922.75/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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