263 3Rd St, Philadelphia, PA 19106
6 Unit Apartment Building | $1,925,000 ($320,833/Unit) | 6.30% Cap Rate | Philadelphia, PA 19106
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,925,000
- Property Type
-
Multifamily
- Square Feet
- 7,420 SF
Listing Contacts
Joshua Nadel
Verified Profile
Kyle Ruffing
Verified Profile
- Property Info
Property Overview
MPN Realty Inc. is pleased to present 263 N 3rd Street, a charming 7-unit mixed-use building in the heart of historic Old City. This newly renovated property boasts 7,420 square feet, featuring six residential units and one commercial space. Each residential unit is priced at $275,000 and comes equipped with modern amenities, including a washer and dryer, elegant hardwood flooring, and central heating and air conditioning. The building is bathed in natural light, enhancing its inviting atmosphere. The commercial space is leased to the incredibly popular Sunday Girl Philly, a lifestyle café that opened in March 2024. With a prime 90-foot frontage on Vine Street and CMX-3 zoning, this property is ideally situated for a variety of commercial and residential uses. This is a rare opportunity to invest in a beautifully updated property that seamlessly blends historic charm with contemporary comforts.
Property Details
- Class
- C
- Year Built
- 2014
- Stories
- 5
- Lot Size (sq. ft)
- 1,742 SF
- Units
- 6
Highlights
- This newly renovated property boasts 7,420 square feet.
- The commercial space is leased to the incredibly popular Sunday Girl Philly.
- This property is ideally situated for a variety of commercial and residential use.
- The property is surrounded by numerous thriving bars, restaurants, and retail shops.
- At last count, 1,300 new luxury condos and townhouses were approved, under construction or just finished.
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