REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Ryan J McManus • Keller Williams Liberty Place
$ 2,100,000
Est. payment | /mo
$ 2,100,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Roxborough
MLS Listing ID PAPH2472986
Year Built 1800
Available Date 2025-04-28
Tax Year 2024
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Cahill Arms Roxborough — this entirely unique multifamily investment property is loaded with original charm and modern conveniences. With seven (7) 1-2-3 bedroom apartments and a 1:1 parking ratio (7-car driveway), this is a rare investment opportunity, now available in one of Philly's fastest growing submarkets. An ideal unit matrix is composed of: three (3) 3bd units, two (2) 2bd units, two (2) 1bd units — ensuring supreme rentability in every market cycle. The NWPHL (Northwest Philly) location is prime — easy access to Schuylkill River Trail, shops, cafes, restaurants and bars along Ridge Avenue corridor, as well as the Main Street Manayunk district. This location is highly favored in the Greater Philadelphia rental marketplace as tenants seek out spacious and affordable rental accommodations in "semi-suburban" edge city locales — close enough to the urban core, yet tranquil enough for a laid-back/outdoorsy lifestyle. Easily accessible to all of Philadelphia's main arteries and districts, including I-76, I-476, City Avenue, Ridge Avenue, Main Street + Center City, University City, The Main Line, and the suburbs. The parcel commands attention with its prominent corner placement. The gated building is luxuriously laid out with spaciously oversized units, 10' ceilings, beautiful corridors, custom millwork, bi-level and tri-level units, french balconies, exposed Wissahickon schist (stone) and other high-end building material selections. The condo association is active. In-place rents are substantially below market, allowing new ownership to reset rents considerably with minimal capex to be performed — in addition to filling the remaining vacancies. A healthy stabilized rent roll should yield approx. $14,725/mo. Expenses are roughly ±$70k. NOI = ±$127,520.
Location
State PA
County Philadelphia
Area 19128 (19128)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 7.0
Water Access N
View City
Accessibility Other
Total Parking Spaces 7
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 888212208
Ownership Condominium
Special Listing Condition Standard
GET MORE INFORMATION
Jon Tripp
REALTOR® | Lic# 225229424