Philadelphia, PA 19146 2311 Christian Street
$850,000
30 more
Presented By: Best City Homes Inc
SQFT • 1,872
SQFT • 1,872Home Details
5-unit apartment building located in the highly sought-after Graduate Hospital area. Long-term tenants in place, all currently paying below-market rents with leases that are currently up for yearly renewal. The first-floor front unit features beautifully exposed brick wall, a modern kitchen, and a ceramic tile bath. The first-floor rear unit has a new kitchen and bath, along with a private rear yard. The second-floor front unit has potential for upgrades, while the second-floor rear unit is a charming studio with a modern kitchen and ceramic tile bath. The third-floor apartment is a bright and sunny studio recently updated with new flooring and wainscoting in the kitchen. The basement is fully cemented with stuccoed walls and coin-operated washer and dryer facilities. Separate utilities for heating, cooking, hot water, and electric, with the owner responsible only for cold water. Cap rate of 5.4%.
87/100
Walk Score
Very Walkable
99/100
Bike Score
Biker's Paradise
73/100
Transit Score
Excellent Transit
Presented By: Best City Homes Inc
Interior Features for 2311 Christian Street
Bathrooms
Total Restrooms5
Other Interior Features
Central Air Y/NNo
FlooringEngineered Wood, Ceramic Tile
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 2311 Christian Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
Cap Rate5.40
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s), Wall Unit
CountyPHILADELPHIA
DirectionsWest on Christian past 23rd
Electric200+ Amp Service
Electric Expense857.32
Gross Income61020.00
HeatingRadiator
Historic Y/NNo
Insurance Expense3131.10
Lot Size Square Feet1117.00
Lot Size UnitsSquare Feet
MLS Area19146 (19146)
MaintenanceExpense2447.50
ModificationTimestamp2025-04-25T15:42:38
MunicipalityPHILADELPHIA
Net Operating Income45887.86
New ConstructionNo
Number Of Units Total5
Operating Expense15132.14
OwnerPaysCommon Area Maintenance, Insurance, Repairs, Sewer, Taxes - Real Estate, Water
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG454.06
Property ConditionAverage
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Security FeaturesFire Detection System
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount6383.0
Tax Assessed Value456000.0
Tax Lot393
Tax Year2024
Total Actual Rent61020.00
Trash Expense500.00
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningRM1
Exterior for 2311 Christian Street
Building Area Total1872.00
Fencing Y/NY
Foundation DetailsStone
Land Assessed Value136800.00
Land Use CodeCA0
Lot Dimensions15.00 x 74.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
