4146 Pechin St Philadelphia, PA 19128
- Investment properties
- 3,988 SF
- 0.06 lot acres
Current Use by Public Records
- Investment properties
Property Details for 4146 Pechin St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.06 lot acres
- Property size
- 3,988 SF
- Zone code
- RSA5
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 87-1-5275-20
- APU
- 871527520
Description
This exceptional investment opportunity presents a three-unit apartment building situated on a corner lot in the desirable Manayunk/Roxborough neighborhood of Philadelphia, PA. The property consists of two buildings: a newly updated carriage house above a two-car garage, featuring a first-floor room and a second-floor loft; and a main building with two additional units. Unit 1 is a two-bedroom, one-and-a-half-bathroom apartment currently rented, while Unit 3 is a recently updated three-bedroom apartment, also currently rented. The total square footage is 3,988, with an asking price of $925,000, resulting in a price per unit of $308,333.33 and a price per square foot of $231.95. Built in 1900, the property is a three-story structure zoned RSA5. Its convenient location offers easy walking access to Main Street and Ridge Avenue, placing residents near a variety of restaurants and shops. This property presents a compelling investment opportunity due to its strong rental income potential and desirable location. The property's unique layout, including the carriage house, adds to its appeal and potential for diverse rental strategies. Further details and financial information are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $605,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $785,000
- 6.5%
- $770,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $775,000
- Geo Method
- $825,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $680,000
- Retail
- $720,000
- Mixed-Use
- $560,000
- Hospitality
- $675,000
- Educational
- $665,000
- Residential Income
- $655,000
- Energy
- $695,000
- Income-Based Land
- $660,000
- Food Service
- $640,000
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.2142
- Latitude
- 40.0267
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
