Philadelphia, PA 19104 4028 Market Street

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Presented By: Century 21 Forrester Real Estate
  • MLS# PAPH2124864
  • 06/09/2022
  • Request Tour
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Home Details

Great mixed-use property in University City! One commercial store and 4 modern studio apartments! All separate utilities except cold water/sewer. Owner pays cold water/sewer for the building. The first floor store is currently vacant. In the common hallway to the apartments, there is a shared laundry room with coin-operated W/D. The four apartments are modern studio apartments with all separate gas and electric and self-contained. Each unit has its own Central Air and Heat in unit. Separate hot water tanks per unit in the basement. They are all upgraded with hardwood floors and updated baths/kitchens. The 1st floor rear has access to the yard. Unit 1R is leased through Dec 2025 and pays $1000/mo. Unit 2F is leased at $1000/mo. Unit 2R is leased through April 2025 at $1000/mo. Unit 3 is month-to-month and $1000/mo. Basement is off limits to the tenants. Only accessible through the bilco doors on the front sidewalk. Excellent investment opportunity! Turn key! Come see this! Make your appointment today!
Presented By: Century 21 Forrester Real Estate

Interior Features for 4028 Market Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementUnfinished, Outside Entrance
Basement (Y/N)Yes
Central Air Y/NYes
Furnished UnitsNone
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas, Electric

General for 4028 Market Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleStraight Thru
CityPHILADELPHIA
Construction MaterialsMasonry
Contingency TypeAppraisal, Document Review, Financing Approval, Home Inspection, Radon
Cool FuelElectric
CoolingCentral A/C, Wall Unit
CountyPHILADELPHIA
Directionsuse GPS
DisclosuresProp Disclosure
Exclusionspersonal and business property owned by Tenants. Any appliances owned by Tenants.
Garage Y/NNo
HeatingBaseboard - Electric, Forced Air
Lease TypeMonth to Month, Yearly
Lot Size Square Feet1416.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
ModificationTimestamp2025-03-20T16:54:13
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
Number of Units Leased5
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3
OwnerPaysWater, Trash Collection, Taxes - Real Estate, Snow Removal, Sewer, Repairs, Common Area Maintenance, Advertising/Licenses and Permits
OwnershipFee Simple
PossessionImmediate, Subject to Existing Lease
Price Per Sq Ft Total AG276.61
Property ConditionExcellent
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count4
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeInterior Row/Townhouse
Subdivision NameUNIVERSITY CITY
Tax Annual Amount5529.0
Tax Assessed Value395000.0
Tax Lot73
Tax Year2023
Total Actual Rent48600.00
Total SQFT2711
Two Bedroom0
UtilitiesElectric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningCMX4

Exterior for 4028 Market Street

Foundation DetailsStone
Inclusionsany and all appliances in Leases and owned by Landlords
Land Assessed Value79000.00
Land Use CodeY50
Lot Dimensions17.00 x 85.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $749,900
MLS#PAPH2124864
List Date 06/09/2022
Property Type Contingent
Phone 703.929.4729
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