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4008 Baring StreetPhiladelphia, PA 19104

For Sale

$739,000

Smart Buyer Rebate $7,390

Amazing investment opportunity. This modern, fully occupied 3-unit, 7-bedroom multi-family property was built in 2012 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one-bathroom units and one (1) three-bedroom, two-bathroom unit. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street). Seller is in the process of appealing taxes.

Listed by Steven Onesti

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License #RS372317

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KW Empower

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2157837779

Last updated June 20, 2025

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Source: BrightMLS #PAPH2460910

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Powelton
  • Days on Prevu168
  • Taxes$12,259/year
  • Size3,141 sqft
  • Price per sqft$235

Location

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Listing History

06/20/2025
Price Decreased
$739,000
03/24/2025
Listed by KW Empower
$750,000

Property Details for 4008 Baring Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 2012
  • Architectural Style: Other
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 20
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,500
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $12,259.00
  • Tax Year: 2024

Interior

Measurements

  • Living Area: 3,141
  • Living Area Source: Assessor

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes

Other

Location

  • Subdivision Name: WEST POWELTON
  • Tax Lot: 2

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air, Heat Pump(s)
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.