4011 Baring Street, Philadelphia, PA 19104-3458 $2,250,000

# of Units: 4
Interior Sq. Ft: 9,590
Acreage: 0.12
Age:15 years
Taxes: $24,444
MLS#: PAPH2461432
Subdivision: West Powelton
Design/Type:
Interior Row/Townhouse

Description

Amazing investment opportunity. This modern, fully occupied 11-unit building also offers additional finished flex rooms in the basement providing additional income. The 27-bedroom multi-family property was built in 2010 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes six (2) two-bedroom, one-bathroom units, two (2) three-bedroom, two-bathroom units and two (2) four-bedroom, two-bathroom units. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street).

Taxes: $24,444
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Forced Air Heating, Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
None

Exterior
Masonry

Contact Information

Listing Courtesy of: KW Empower , vicki@kwempower.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/29/2025.