Philadelphia, PA 19104,4059 BARING ST
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Listed by Ashwin Rashatwar • Empower Real Estate, LLC
$ 2,250,000
Est. payment /mo
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4059 BARING ST Philadelphia, PA 19104

2,146 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,146 sqft

Price per Sqft $1,048

Subdivision University City

MLS Listing ID PAPH2535456

Year Built 2019

Annual Tax Amount $1,638

Tax Year 2024

Lot Size 2,146 Sqft

Acres 0.05

Lot Dimensions 22.00 x 98.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Discover a rare investment opportunity in the heart of University City. This 7,465 sq. ft., 5-unit building (15 beds, 12 full baths, 2 half baths) is only 5 years old and comes fully furnished with ultra-luxury finishes—including quartz counters, stainless steel appliances, white cabinetry, and bamboo hardwood floors. The property has a strong rental history and 25% upside potential. Additional highlights include fire sprinklers, fire alarm monitoring, and camera security system. With 5 years of real estate tax abatement remaining and proximity to UPenn, Drexel, and Market-Frankford Line transit, this is a turn-key, cash-flowing investment.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Bamboo

Inclusions Existing Furniture is AS IS condition

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 061029100

Ownership Fee Simple

SqFt Source Assessor

Security Features Exterior Cameras,Security System,Sprinkler System - Indoor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


Bright MLS (BMLS)
Jessica Evans

Jessica Evans

+1(301) 832-5105

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4059 BARING ST