4820 PENN Street

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Address: 4820 Penn St, Philadelphia, PA 19124, USA
New York & Tri-State + 2-4 Units
Created date: October 8, 2026
Date last updated: October 8, 2026
Price: $600,000Investment Analyzer NEW!

Property Description

Nestled in Frankford neighborhood, this former assisted living facility features an elevator, sprinkler system, finished basement and ceramic tile throughout. Built in 1940, this property showcases classic brick construction and a low maintenance newer asphalt shingle roof. The generous lush 0.28-acre lot, which extends from Penn St through to Oxford Ave., offers both front and rear yards that invite outdoor enjoyment and relaxation. A shed adds to the functionality of the outdoor space, perfect for storing gardening tools or outdoor equipment. The paved driveway provides ample space for up to 8 vehicles! Step inside to discover a fully finished basement, providing additional living space that can be easily transformed into an entertainment area, a home gym, or a private office. With a total of 11 bedrooms, 4 full bathrooms and 2 kitchens, this site offers an abundance of space for various types of housing. The property is also equipped with a fire detection system. This location provides easy access to transportation options, with an airport less than 10 miles away and a commuter rail station within a short drive, making travel and commuting a breeze. Flexible RM-4 zoning will allow a multitude of multi family housing scenarios "by right".

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $600,000
No. of Units: 4
Year Built: 1940
Lot Size: 4,162.00 Sq ft
Opportunity Zone: No
Price per unit: $150,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 4820 PENN Street, PHILADELPHIA, PA 19124, USA
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