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171 W Norris St Philadelphia, PA 19122

For Sale
$399,900

MULTI_FAMILY - PHILADELPHIA, PA

Property size:
2,527 SF
Lot size:
0.04 Acres
Days on Market:
18
Last Refresh:
Dec 8 at 6:06 pm

Property Features for 171 W Norris St

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Rooms
Basement
Parking features
On Street
Size
2,527 SF
Lot size
0.04 Acres

Utilities

Heating system
Hot Water(Heating)

Building Details

Year built
1920
Number of units
4
Building materials
Masonry

Realty Group PA II (610) 828-6300 [email protected]

Listing agent Abe Thomson (215) 607-6007 License #RS337723

Listing date Nov 21, 2025

MLS# PAPH2560776 Listing URL

Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Philadelphia Four-Unit Apartment Building

This four-unit apartment building is located in the Norris Square neighborhood of Philadelphia, one block from Norris Square Park and within walking distance of Fishtown. The property offers access to restaurants, cafes, nightlife, and public transportation, providing connectivity to Center City. The building offers potential for long-term investment. The first-floor two-bedroom unit rents for $1450 per month. The second floor includes a front studio renting for $975 per month and a rear studio renting for $950 per month. The third-floor studio rents for $925 per month. Tenants pay all utilities except water. The water bill averages $133 per month, totaling $1596 annually. Common area expenses are approximately $37 per month, or $444 per year. The landlord pays $3700 annually for building insurance. Annual taxes are $6385. The property size is 2527 square feet, situated on a lot of 0.04 acres.
Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.13583
Latitude
39.98066

FAQs

What type of property is this?
Quadplex - Four-unit apartment building in Philadelphia's Norris Square neighborhood.
Where is this quadplex located?
The property is located at 171 W Norris St Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: - Four-unit apartment building in the rapidly growing Norris Square neighborhood.; - Strong long-term investment with significant upside potential due to neighborhood development.; - Immediate cash flow from existing rental income.
More about this property
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