Renovated Multifamily Apartment
For Sale
Contact for pricing
901-903 North 63rd Street, Philadelphia, PA 19151
Two adjacent apartment buildings offer recently renovated units and common areas with a mix of two- and three-bedroom layouts.
Property SizeContact for details
Days on Market126
Property Features for 901-903 North 63rd Street
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
28
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Philadelphia
(215) 531-7021
Listed By:
Clarke Talone · License #DE RS-0019808
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 1:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Philadelphia
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present The Jefferson Apartments and Nassau Mansion, two apartment buildings located just one parcel apart along North 63rd Street in Philadelphia’s Overbrook neighborhood.
The Jefferson Apartments is a mid-rise building comprised of 20 units. Nassau Mansion is a historic home converted to a multifamily building with 8 units. The desirable unit mix across the properties features 16 three-bedroom units and 2 two-bedroom units. The properties are described as in excellent condition, with all units and common areas renovated within the last three years.
The owner is focused on leasing up the property quickly after renovations, rather than pushing rents, which the listing states creates potential for additional income in the current rent roll. The Nassau Mansion parking area could be used for development, and there is an unused garage that could be renovated and utilized. The buildings are scheduled to be delivered free-and-clear of debt, and the listing notes that attractive financing is available.
The Jefferson Apartments is a mid-rise building comprised of 20 units. Nassau Mansion is a historic home converted to a multifamily building with 8 units. The desirable unit mix across the properties features 16 three-bedroom units and 2 two-bedroom units. The properties are described as in excellent condition, with all units and common areas renovated within the last three years.
The owner is focused on leasing up the property quickly after renovations, rather than pushing rents, which the listing states creates potential for additional income in the current rent roll. The Nassau Mansion parking area could be used for development, and there is an unused garage that could be renovated and utilized. The buildings are scheduled to be delivered free-and-clear of debt, and the listing notes that attractive financing is available.
Key Highlights
- Two adjacent multifamily buildings on N 63rd St in Philadelphia: The Jefferson Apartments and Nassau Mansion
- Jefferson Apartments: mid‑rise with 20 units; Nassau Mansion: historic home converted to multifamily with 8 units
- Recent renovations: all units and common areas renovated within the last three years
Property Analytics
Current Use
Lease Details
28
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,235
Businesses Nearby
Explore this area
Business Placement
Demographics for 19151, PA
30,394
Population
15,084
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
12,664
Density / Sq Mi
$58,046
Median Household Income
$42,504
Median Earnings
$1,167
Median Rent
$181,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Two adjacent apartment buildings offer recently renovated units and common areas with a mix of two- and three-bedroom layouts.
Where is this apartment building located?
The property is located at 901-903 North 63rd Street Philadelphia, PA.
What are key features of this property?
This property features: Two adjacent multifamily buildings on N 63rd St in Philadelphia: The Jefferson Apartments and Nassau Mansion; Jefferson Apartments: mid‑rise with 20 units; Nassau Mansion: historic home converted to multifamily with 8 units; Recent renovations: all units and common areas renovated within the last three years
