1234 N 30TH Street
Property Description
$136,920 Annual Gross Rents - Fully Occupied! Prime Brewerytown Investment Opportunity - Fully Occupied 7-Unit Condo-Ready Building. Welcome to 1234 N. 30th Street, Units 1-7, a fully occupied 7-unit multifamily asset located in the heart of Brewerytown, one of Philadelphia's most rapidly appreciating neighborhoods. The property consists of six (6) 2-bedroom / 2-bath units and one (1) 3-bedroom / 2-bath unit, all currently leased and producing $11,410 in gross monthly rent. Each unit offers modern layouts with strong tenant demand, making this an ideal turnkey investment. What truly sets this property apart is its condominium setup. While the building is currently operated as a traditional multifamily rental, it is legally configured as a condo building, offering investors multiple exit strategies: - Continue operating as a stabilized income-producing rental - Sell individual condo units separately over time - Implement a hybrid strategy combining rentals and condo sales All units are occupied with leases in place, providing immediate cash flow from day one. Several units feature desirable amenities such as backyard access, adding to tenant appeal. Located just minutes from Center City, major universities, public transportation, and Brewerytown's expanding retail and dining scene, this property benefits from strong rental demand and long-term neighborhood growth. This is a rare opportunity to acquire a stabilized asset with built-in flexibility and upside in one of Philadelphia's hottest submarkets.
Broker Details
eXp Realty (888) 397-7352
MLS ID: 3141431 State License Number: AB067011
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,400,000 |
| No. of Units: | 4 |
| Year Built: | 2014 |
| Lot Size: | 5,631.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $350,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-PAPH2573514
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