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    234-38 W Roosevelt Blvd Philadelphia, PA 19120

    For Sale
    $649,900

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    3,450 SF
    Lot size:
    0.10 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 234-38 W Roosevelt Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Size
    3,450 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Electric (Heating), Other (Heating), Baseboard
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1940
    Number of units
    4
    Building materials
    Masonry, Brick
    Architectural style
    Other

    Giraldo Real Estate Group (215) 745-0101 [email protected]

    Listing agent Jackeline Estrada (215) 745-0101 License #RS377975

    Listing date Oct 7, 2025

    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

    Feltonville Multifamily Investment Opportunity

    Located in Feltonville, this multifamily property features six units. The property consists of six one-bedroom apartments. Two of the units offer the potential to add extra bedrooms and bathrooms by connecting to the basement, creating additional rental income opportunities. All utilities, including electric, heat, and hot water, are separately metered and fully tenant-paid. Currently, five of the six units are occupied with month-to-month leases. Some rents are below market value, offering investors the chance to maximize returns. Updates have been completed in recent years. The property size is 3,450 square feet, situated on a lot of 0.1 acres.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -75.12918091
    Latitude
    40.0242157

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    FAQs

    What type of property is this?
    Apartment building - Six-unit property in Feltonville with cash-flow potential.
    Where is this apartment building located?
    The property is located at 234-38 W Roosevelt Blvd Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - High cash-flow opportunity in Feltonville.; - Six well-maintained 1-bedroom units.; - Potential to add bedrooms/bathrooms to two units by connecting to the basement, increasing rental income.
    (215) 745-0101
    Request Owner's contact information
    234-38 W Roosevelt Blvd Philadelphia, PA 19120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234-38 W Roosevelt Blvd Philadelphia, PA 19120
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