Exceptional investment opportunity in the heart of Old City! 121-23 Cuthbert Street consists of 2 adjoining buildings being offered together, featuring 6 fully occupied apartments. 121 Cuthbert Street Unit 1: 1 bedroom | $1,850/month | Lease expires 7/28/27 Unit 2: 1 bedroom | $1,910/month | Lease expires 5/28/27 Unit 3: 1 bedroom | $2,150/month | Lease expires 6/27/27 123 Cuthbert Street Unit 1: 1 bedroom | $1,695/month | Lease expires 5/28/27 Unit 2: 3 bedrooms, 2 bathrooms | $3,150/month | Lease expires 7/28/27 Unit 3: 1 bedroom | $1,750/month | Lease expires 5/28/27 Total monthly rental income is $12,505, producing $150,060 in annual gross rental income. Located on a charming historic street near Old City's restaurants, galleries, shopping, public transportation and major employment centers. A rare opportunity to acquire 2 fully occupied income-producing buildings in an established Philadelphia neighborhood. Schedule your showing today!
| MLS # | PAPH2675940 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1850 |
| Days On Site | 42 |
| Listing Provided By | KW Empower | Michael R. McCann |
| Units | 6 |
|---|---|
| Zoning | CMX3 |
| Acreage | 0.04 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 9640 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19106 |
| Area | 19106 (19106) |
| Community Name | OLD CITY |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in OLD CITY) | |
Price: $1,500,000 low | high Med: $3,395 On site: 42 low | high Med: 85 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19106 |
| Area | 19106 (19106) |
| Community Name | OLD CITY |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in OLD CITY) | |
Price: $1,500,000 low | high Med: $3,395 On site: 42 low | high Med: 85 | |
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