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Furnished 7-Unit Apartment Building
For Sale
$685,000

207 N 63RD ST, Philadelphia, PA 19139

Updated, fully furnished apartments support an active mid-term rental operation with flexibility for conventional leasing.

Property Size4,732 SF
Price / SF$144.76
Days on Market38

Property Features for 207 N 63RD ST

General Information

Standard status Active
Size 4,732 SF
Property subtype Multi-family

Units

Unit Mix 2 x 2BR/1BA, 5 x 1BR/1BA
Multifamily Units 7

Additional Details

Furnished Yes
Gross Income $123,600
Public Transit Yes

Building Details

Buildings 1
Listing Agency: KW Empower
Listed By: Dan Deckelbaum · License #RS-319781
Source: Hostetterrealty
Added: Jul 26 Changed: Aug 31 Last Checked: Aug 31 at 4:53PM

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 KW Empower

Investment Insights

Based on property information with market context.

Located at 207 N 63rd Street in Philadelphia, this 4,560-square-foot apartment building contains seven furnished units: two two-bedroom, one-bath apartments and five one-bedroom, one-bath apartments. Built in 1925, the property has a new roof, updated mechanical systems, finished kitchens, renovated bathrooms, and accent finishes throughout. The units are furnished and ready for continued operation under the existing mid-term rental format, while the absence of long-term leases allows for a transition to conventional multifamily use.

The street-to-street parcel extends 225 feet in depth and may support construction of an additional apartment building behind the existing structure, subject to zoning, approvals, and feasibility review. The property is near the Market-Frankford Line at 63rd and Market Station, with access to Center City, University City, Drexel, Penn, CHOP, and nearby employment and education centers. The operating setup may also transfer with rental platform configuration, pricing strategy, cleaning vendors, and turnover procedures.

Key Highlights

  • Seven furnished apartment units: two 2‑bedroom, 1‑bath units and five 1‑bedroom, 1‑bath units
  • 4,560 SF multifamily building with furnished, rent‑ready interiors
  • New roof, updated mechanical systems, finished kitchens, and updated bathrooms

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage 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.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,596
Businesses Nearby

Demographics for 19139, PA

43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Updated, fully furnished apartments support an active mid-term rental operation with flexibility for conventional leasing.
Where is this apartment building located?
The property is located at 207 N 63RD ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Seven furnished apartment units: two 2‑bedroom, 1‑bath units and five 1‑bedroom, 1‑bath units; 4,560 SF multifamily building with furnished, rent‑ready interiors; New roof, updated mechanical systems, finished kitchens, and updated bathrooms
More about this property
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