4059 BARING Street, Philadelphia, PA 19104

Building Details

Year built

2019

Number of units

1

Building materials

Brick, Brick Front, Vinyl Siding

Listing agent Ashwin Rashatwar License #1756480 Show Phone

Listing office Keller Williams Realty - Marlton k***@kw.com 103 70 Route unit: D, Medford, PA Show Phone

Listing date Sep 18, 2025

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MLS# PAPH2539040 Listing URL

Copyright © 2026 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.

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Overview

This 7,465 sq. ft. building in University City presents a rare investment opportunity. Constructed 5 years ago, the property features five units with a total of 15 beds, 12 full baths, and 2 half baths. The units are fully furnished with ultra-luxury finishes, including quartz counters, stainless steel appliances, white cabinetry, and bamboo hardwood floors. The property benefits from a strong rental history and offers 25% upside potential. Additional features include fire sprinklers, fire alarm monitoring, and a camera security system. The property includes 5 years of remaining real estate tax abatement. Located in close proximity to UPenn, Drexel, and the Market-Frankford Line transit, this property offers a turn-key, cash-flowing investment. Previously used as an Airbnb, it is also suitable for family rentals. The lot size is 0.0493 acres.

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

• Map
• Local Demand

City

Philadelphia

County

Delaware

State

Pennsylvania

Longitude

-75.20483

Latitude

39.96037

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FAQs

What type of property is this?

Apartment building - Five-unit building near UPenn and Drexel with tax abatement.

Where is this apartment building located?

The property is located at 4059 BARING Street Philadelphia, PA.

What is the asking price?

The asking price for this property is $1,999,000.

What are key features of this property?

This property features: 7,465 sq. ft., 5‑unit building with 15 beds and 12 full baths.; Fully furnished with ultra‑luxury finishes including quartz counters, stainless steel appliances, and bamboo hardwood floors.; Strong rental history with 25% upside potential.