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Property profile & analytics
OFF-MARKET
Specialty properties

45-51 Logan St Philadelphia, PA 19144

9,482 SF 0.18 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This exceptional 9,482 square foot property, situated on a 0.18-acre lot in Philadelphia, Pennsylvania, presents a unique investment opportunity. The building, constructed in 1940, consists of two connected three-story masonry structures, offering 20 bedrooms, 17 of which are single occupancy. Four kitchens are included, with one serving as a combined laundry and commercial kitchen area. The property's layout includes two rear porches and common sitting areas, separated by an enclosed emergency exit staircase providing access to rear exits on all three floors. Currently vacant, this adaptable space was previously utilized as a youth center, offering significant potential for various uses. Its strategic location between Germantown Avenue and Greene Street, with convenient access to Roosevelt Boulevard and North Broad Street, ensures excellent connectivity within Philadelphia and its surrounding areas. The property is zoned RTA-1 (Residential Two-Family Attached), providing flexibility for future development or repurposing. The asking price is $625,000, translating to $65.91 per square foot. This represents a compelling opportunity to acquire a substantial property in a desirable Philadelphia location. The address is 45-51 W Logan St, Philadelphia, PA 19144.

Property profile
Verified
Property type Specialty properties
Year built 1940
Total area 9,482 SF
Lot 0.18 ac (7,841 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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