610 S American St Philadelphia, PA 19147
For Sale
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.