2,560 SqFt
2,560 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $164
MLS Listing ID PAPH2629512
Style Colonial
Abv Grd Liv Area 2,560
Year Built 1940
Annual Tax Amount $2,403
Tax Year 2025
Lot Size 2,620 Sqft
Acres 0.06
Lot Dimensions 21.00 x 125.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
The property consists of four residential units, including two 1-bedroom apartments and one 2-bedroom apartments. Three units are currently occupied and generating income, while the vacant 1-bedroom unit offers immediate flexibility for an owner-occupant to move right in or for an investor to lease at market rent and increase cash flow from day one. Current rents provide stable income with additional upside through the vacant unit and below-market rental potential in one of the occupied apartments, with projected gross annual income approaching $58,000 when fully stabilized.
Recent improvements include a newer roof, helping to reduce future maintenance concerns, while separately metered electric service keeps operating expenses low and predictable. With annual taxes of approximately $2,400, the property offers attractive numbers for investors seeking strong returns and long-term appreciation.
Located in a high-demand rental market with convenient access to major roadways, public transportation, shopping, restaurants, and employment centers, this multifamily property combines immediate income with future growth potential. Opportunities to purchase a cash-flowing four-unit building with a vacant unit, low taxes, strong rental history, and value-add potential are becoming increasingly difficult to find. Whether you're looking for your next investment property or a rare house-hack opportunity, 4106 Old York Road deserves a spot at the top of your list. Schedule your private showing today.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Interior
Hot Water Electric
Heating Baseboard - Hot Water, Radiant
Cooling Ceiling Fan(s)
Flooring Luxury Vinyl Plank
Fireplace N
Heat Source Oil, Electric
Exterior
Utilities Available Cable TV, Natural Gas Available, Sewer Available, Water Available
Water Access N
Roof Type Flat,Rubber
Accessibility 2+ Access Exits, 32\"+ wide Doors, Doors - Swing In
Garage N
Building
Foundation Stone
Above Ground Finished SqFt 2560
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
Middle Schools Roberto Clemente
High Schools Olney High School East
School District Philadelphia City
Others
Tax ID 433399500
Ownership Fee Simple
SqFt Source 2560
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Financing Cash,Conventional,Exchange,FHA
Special Listing Condition Standard
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1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States