#PAPH2403486, David Shamwell, Listing Office: Coldwell Banker Realty
4147 Paul St Philadelphia, PA 19124
Property details
About 4147 Paul St
Multi-Family Investment Opportunity – Fully Occupied Except One Unit! This well-maintained multi-family property is an excellent investment opportunity, offering steady rental income with significant potential for increased returns. Conveniently located, the building features four units, three of which are currently occupied by reliable tenants. Here’s what makes this property a must-see: 1st Floor Unit Spacious 2-bedroom apartment with access to a private yard. Long-term tenant (6 years) paying $800/month – well below market value, presenting an opportunity to increase rent upon lease renewal. Meticulously cared for by the tenant, with original hardwood floors adding character and charm. 2nd Floor Units Back Unit: Renovated 1-bedroom apartment with updated finishes throughout (except the shower stall), rented at $800/month. Front Unit: Efficiency unit rented at $700/month. Clean and functional, but offers an opportunity for a cosmetic facelift to increase rental value. 3rd Floor Unit 1-bedroom apartment fully renovated in 2019, featuring fresh paint and updated light fixtures. Currently vacant, offering immediate rental potential or an option to convert into a 2-room unit to maximize income. Key Features: Consistent rental income from long-term tenants. Renovation potential to boost rents and overall property value. Flexibility to adjust layouts and maximize returns. This property combines stable cash flow with opportunities for value-add improvements. Don’t miss your chance to capitalize on this income-generating asset!
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2457536
- MLS Name: BRIGHT
- Office Name: EXP Realty, LLC
- Office Phone: (888) 397-7352
- Listing Agent: David Guido
- Agent Phone: (215) 760-9196
- Agent Email: dave@guidoteam.com
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Last updated on: 3/17/2025, 12:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$400,000
4147 Paul St
$4,750
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 13, 2018 | Home Sold | $120,000 |
Mar 24, 2011 | Home Sold | $32,350 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $179,000 | $2,505 |
2022 | $179,000 | $1,688 |
2021 | $- | $1,688 |
2020 | $120,600 | $1,688 |
2019 | $115,700 | $1,619 |
2018 | $93,600 | $1,310 |
2017 | $93,600 | $1,310 |
History based on county public records data.
Nearby schools
1
John Marshall Elementary School
Public District KG-5
0.5 mi
•4500 Griscom St
4
Deep Roots Charter School
Public Charter KG-6
0.9 mi
•3556 Frankford Ave
4
Mastery Charter School at Smedley Elementary
Public Charter KG-6
1.2 mi
•1790 Bridge St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,142. Most Philadelphia, PA residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 4147 Paul St in Philadelphia, PA and zip code 19124 in the Frankford neighborhood. This 1,809 square foot home, which was built in 1925, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $400,000.
In February 2025 more than 154 listings in Philadelphia, PA were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 396 were sold below. The inventory of homes for sale in Philadelphia, PA between January and February 2025 increased by 10.7%. While the average time on the market in February 2025 was 59 days, the median list price was $268,469.