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Multifamily Building with Separate Meters
For Sale
$294,900

1236 N 55TH STREET, Philadelphia, PA 19131

For sale multifamily building featuring separate electric meters and a flexible layout for investor management decisions.

Property Size1,889 SF
Days on Market37

Property Features for 1236 N 55TH STREET

General Information

Standard status Active
Size 1,889 SF
Property subtype Triplex

Taxes and HOA fees

Annual Taxes $2,738

Building Details

Building Size 1,889 SF
Year Built 1915
Listing Agency: Opulent Realty Group LLC
Listed By: Javar Clark · License #RS348286
Source: Patmckennarealtors
Added: Jul 22 Changed: Aug 26 Last Checked: Aug 26 at 5:38AM

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 Opulent Realty Group LLC

Investment Insights

Based on property information with market context.

This for-sale multifamily building offers investor flexibility with separate electric meters for the individual units. The property is being positioned as an opportunity to add value through renovation or improved management, supported by its income-oriented residential income structure.

Located at 1236 N 55th Street in Philadelphia, the building is described as being just minutes from 52nd St and conveniently near public transportation. It is also marketed as close to major universities and hospitals, as well as the expanding West Philadelphia corridor.

The overall offering is centered on a multifamily configuration with utility separation, designed to support different management and operational approaches within the same building.

Key Highlights

  • Multifamily building with separate electric meters
  • Natural gas hot water and natural gas heating (heating is on)
  • Public water and concrete perimeter foundation

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,496
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - For sale multifamily building featuring separate electric meters and a flexible layout for investor management decisions.
Where is this multifamily property located?
The property is located at 1236 N 55TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: Multifamily building with separate electric meters; Natural gas hot water and natural gas heating (heating is on); Public water and concrete perimeter foundation
More about this property
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