Philadelphia, PA 19104 4011 Baring Street

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Presented By: KW Empower
  • MLS# PAPH2460996
  • 03/24/2025
  • Request Tour
  • Request Info
  • SQFT • 9,590

Home Details

Amazing investment opportunity. This modern, fully occupied 11-unit building also offers additional finished flex rooms in the basement providing additional income. The 27-bedroom multi-family property was built in 2010 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 six (2) two-bedroom, one-bathroom units, two (2) three-bedroom, two-bathroom units and two (2) four-bedroom, two-bathroom units. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Dont 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).
Presented By: KW Empower

Interior Features for 4011 Baring Street

Other Interior Features

Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 4011 Baring Street

AccessibilityNone
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsFrom Market Street to Lancaster Avenue to left on Baring Street
HeatingForced Air, Heat Pump(s)
Lot Size Square Feet5363.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
ModificationTimestamp2025-03-25T09:59:33
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total11
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG234.62
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameWEST POWELTON
Tax Annual Amount24444.0
Tax Assessed Value1746300.0
Tax Lot90
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2010
Year Built SourceAssessor
ZoningRM1

Exterior for 4011 Baring Street

Building Area Total9590.00
Land Assessed Value261945.00
Land Use CodeCA0
Lot Dimensions44.00 x 121.00
Lot Size Acres0.12
Lot Size SourceEstimated
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

Rachel Shepherd

Price $2,250,000
MLS#PAPH2460996
List Date 03/24/2025
Property Type Commercial
Phone 703.929.4729
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