4059 BARING ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19104
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,146 sqft
Price per Sqft $1,048
Subdivision University City
MLS Listing ID PAPH2535456
Year Built 2019
Annual Tax Amount $1,638
Tax Year 2024
Lot Size 2,146 Sqft
Acres 0.05
Lot Dimensions 22.00 x 98.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Bamboo
Inclusions Existing Furniture is AS IS condition
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 061029100
Ownership Fee Simple
SqFt Source Assessor
Security Features Exterior Cameras,Security System,Sprinkler System - Indoor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard