1686 Harrison Street, a stabilized five-unit multifamily asset located in the Holmesburg section of Northeast Philadelphia. This well-maintained walk-up offers a balanced mix of tenant affordability and durable in-place cash flow, making it an attractive investment for first-time buyers or seasoned operators seeking low-maintenance yield. Priced at just $66,000 per unit, the asset provides strong day-one returns and the opportunity for future upside through light operational enhancements and rent adjustments. This property offers reliable returns and low-friction management.
INVESTMENT HIGHLIGHTS: - Fully occupied and cash flowing at acquisition -Operating expenses at just 34.9% of income -Gross income of $44,460/ year with potential for modest rent increases -CAP Rate: 8.51% with Cash-on-Cash Return of 8.12% -Walking distance to SEPTA transit, retail, and regional employment
Listed by Saam Tashayyod
·
Trophy Commercial Real Estate LLC
·
2156085745
Last updated August 20, 2025
·
Source: BrightMLS #PAPH2529392
Listing Facts
TypeMulti-family
NeighborhoodFrankford
Days on Prevu21
Taxes$3,282/year
Size2,240 sqft
Price per sqft$147
Location
Mortgage Calculator
Listing History
08/19/2025
Listed by Trophy Commercial Real Estate LLC
$330,000
Property Details for 1686 Harrison Street
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1940
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.06
Lot Size Dimensions: 25
Lot Size Source: Assessor
Lot Size Square Feet: 2,677
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $3,282.00
Tax Year: 2025
Interior
Features
Fireplace: No
Spa: No
Measurements
Living Area: 2,240
Living Area Source: Assessor
Other
Features
Accessibility Features: Other
Location
Tax Lot: 56
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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