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Street View
$279,900
Monthly Est:$1,393
-- Bed
-- Bath
2,910sqft
4628 Penn St, Philadelphia, PA 19124
$279,900
$1,393/moEst:
Get Pre-Approved
Triplex
Built in 1940
$-- HOA
2,636 sqft lot
$96/sq.ft
Description
Attention Investors: Turnkey, Fully Occupied Triplex!
4628 Penn Street is a fully renovated, 100% occupied triplex generating $3,225/month ($38,700/year) in gross rental income. All units have separate gas and electric utilities paid directly by the tenants, reducing owner-paid expenses.
The property generated 2025 NOI of $21,208.41, representing approximately a 7.6% cap rate at the $279,900 asking price. The property also features a coin-operated washer and dryer in the basement, providing an additional income stream.
Unit Breakdown:
Unit 1: 2 beds, 1 bath — $1,250/month with private backyard access
Unit 2: 2 beds, 1 bath — $1,150/month
Unit 3: 1 bed, 1 bath — $825/month
All three units are occupied under fixed-term leases. With renovations complete and tenants already in place, the next owner can acquire a stabilized, income-producing multifamily property without a major upfront renovation or initial lease-up.
Offered at $279,900. Schedule your private tour today.
- Houzeo last checked: 14 minutes ago
- Listing updated: September 28, 2026 at 6:26 pm
- Listing Provided by: christian washington (267) 981-5392 | BHHS Fox & Roach-Jenkintown (215) 887-0400
- Source: Bright MLS-NJ | MLS#: PAPH2665396
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1940
HOA Fees
-
Finished Area
2,910 sqft
Lot Size
2,636 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2665396
MLS Status
ACTIVE-BRIGHT
Days on Market
29
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Flooring
Fully Carpeted
Sewer
Public Sewer
Cooling
None
Heating
Forced Air
Construction
Year Built
Year Built: 1940
Home type
Triplex
Architectural Style
Other
Construction Materials
Brick Front, Brick
Foundation Details
Concrete Perimeter
Property Condition
Good
Roof
Flat
Utilities & Energy
Water Source
Public
Electric
Circuit Breakers
Basement
Full, Unfinished
Other Features
Subdivision Name
Frankford
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Price Decreased | $279,900 -9.68% $96/sqft |
09/08/2026 Source: | Price Increased | $309,900 +10.72% $106/sqft |
08/31/2026 Source: | Listed for Sale | $279,900 -20.01% $96/sqft |
08/31/2026 Source: | Off Market | $349,900 $120/sqft |
08/31/2026 Source: | Listed for Sale | $349,900 +180.14% $120/sqft |
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Frankford Ranks #130 in Philadelphia, PA
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Based on information from Bright MLS through Nov 04, 2026, 08:00AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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