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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30020066
26875720

4059 Baring St, Philadelphia, PA 19104 For Sale

$1,999,000
312 days on market
Updated 26 days ago
Opportunity zone

4059 Baring St, Philadelphia, PA 19104

Details
Property Type Multifamily
Sub Type Apartment Building, Student Housing
Square Footage 7,465
Net Rentable (SqFt) 6,750
Units 5
Beds 15
Cap Rate 6.77%
NOI $135,376
Occupancy 100%
Tenancy Multi
Broker Co-Op Yes
Class A
Year Built 2019
Buildings 1
Stories 3
Lot Size (SqFt) 2,146
Zoning RSA5
Ownership Fee Simple

Good Investment Property and Prime Location.

Marketing description

Cell: 609.509.8484

Discover a rare investment opportunity in the heart of University City. This 7,465 sq. ft., 5-unit building (15 beds, 12 full baths, 2 half baths) is only 5 years old and comes fully furnished with ultra-luxury finishes—including quartz counters, stainless steel appliances, white cabinetry, and bamboo hardwood floors. The property has a strong rental history and 25% upside potential. Additional highlights include fire sprinklers, fire alarm monitoring, and camera security system. With 5 years of real estate tax abatement remaining and proximity to UPenn, Drexel, and Market-Frankford Line transit, this is a turn-key, cash-flowing investment. Previously used as Airbnb. Perfect for family rentals as well. Call or email for each individual unit pictures. Call to schedule showing.

Listing Contacts

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$135,376.00
$11,281.33/mo

Valuation Metrics

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DSCR
6.77%
Cap Rate
6.77%
ROI

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