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Property profile & analytics
FOR SALE
Storefront properties

61214 S 4Th St Philadelphia, PA 19147

Built 1900
Property ID
US73-Q016633
Property summary
AI-generated overview

This is a RARE OPPORTUNITY to acquire two contiguous buildings located at 612-614 S. 4th Street, comprising a total of 10 FULLY LEASED UNITS-eight residential apartments and two ground-floor commercial spaces. The residential section includes eight high-end apartments, ACCESSED VIA A PRIVATE, GATED ENTRANCE on Leithgow Street. The unit mix consists of four spacious TWO-BEDROOM APARTMENTS AND FOUR BI-LEVEL ONE-BEDROOM UNITS, all thoughtfully designed and finished to a premium standard. Spanning approximately 8,000 square feet, this impressive DOUBLE-WIDE PROPERTY is situated in one of the city's most desirable and HIGH-TRAFFIC NEIGHBORHOODS. The location offers exceptional walkability, just steps from some of Philadelphia's most iconic historic attractions, including Old City landmarks, dining, shopping, and cultural destinations. The two commercial spaces are occupied by established, creditworthy tenants under long-term leases, currently operating as a UPS store and a nail salon. Both storefronts benefit from strong visibility and multiple points of egress, enhancing their long-term desirability and functionality. Residential units include HARDWOOD FLOORING, GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, CUSTOM CHERRY CABINETRY, DESIGNER-TILED BATHROOMS, central air conditioning, and access to a ROOF TOP DECK. All utilities-including water-are separately metered and paid directly by tenants, minimizing owner expenses and simplifying management. With its prime location, high-quality construction, and reliable tenancy, the property offers a significantly stronger return profile compared to traditional banking or low-yield investments, along with consistent annual upside.

Property profile
Verified
Property type Storefront properties
Year built 1900
UPID US73-Q016633
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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