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Property profile & analytics
FOR SALE
Apartment buildings

610 S American St Philadelphia, PA 19147

6,000 SF Built 1950
Property ID
US73-4250038
Property summary
AI-generated overview

Here is your golden opportunity to own a fabulous piece of real estate. Great Investment opportunity with many possibilities located on one of Queen village's finest tree lined blocks and in the Award Winning Meredith School Catchment. Introducing 610-12 S. American St. A fully occupied 6-UNIT apartment building with unbelievable extra, flexible lower-level space. This property is zoned RMI and features an impressive lot size of 27x100 with over 6000 sq. ft. and all self-contained. TWO 1 Bedroom, 1 Bath apartments and FOUR spacious 2 Bed, 1 Bath units. All SIX units have an open floor plan, lots of light, sizable bedrooms, eat-in kitchens, large windows, washer + dryer and Central Air. This building has been very well maintained by the current owner, boasting 2 separate stairwells, an enormous rear shared community yard and a finished lower level with incredible amounts of flexible space, including a powder room, separate mechanical room, large storage room and another separate bonus room. This is a wonderful building with many possibilities that are rarely found. Keep as an income producing apartment building, convert to condos and sell or make it your unbelievable single family dream home. About the Neighborhood, Queen Village: The best of the best with everything you may need and want including many Cafes, Restaurants, Parks + Playgrounds, dog walks and Farmer's Market. Easy access to major highways and bridges. Schedule your appointment today.

Property profile
Verified
Property type Apartment buildings
Year built 1950
Total area 6,000 SF
UPID US73-4250038
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
Current use
Occupant on record · Public records
  • Mortgage Line Financial Loan Service Bank
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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