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601 N 39th St, Philadelphia, PA 19104

$631,000
: 3,240
SqFt

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Sold Price: $631,000
List Price: $695,000
Closing Date: Apr 30, 2026
Days on Market: 84
Status: CLOSED
MLS#: PAPH2576864
Living Area: 3,240
Lot Size (Acres): 0.03
Style: Traditional
Year Built: 2020
County: Philadelphia
School District: Philadelphia City

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Property Description

A fully vacant mixed-use multifamily property located in Philadelphia, PA 19104. The property consists of three units totaling approximately 3, 600 rentable square feet, including two three-bedroom apartments and one ground-floor commercial space on the corner of 39th street and Haverford Ave. The asset is being offered vacant, providing an investor with immediate control over leasing strategy, tenant mix, and rental positioning. All income, expense, and return metrics presented herein are pro forma and based on market-supported assumptions. At the price of $695,000, the property is projected to generate a pro forma Net Operating Income of approximately $47,909, representing a projected cap rate of 6.89% upon stabilization.

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Additional Information

Area: 19104 (19104)
School District: Philadelphia City
Heating: Hot Water, Other
Cooling: Other
Water: Private Co-op
Sewer: Public Sewer