Listed price in listed location currency (USD).
$975,000

000

MLS® PAPH2679454

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3066 sqft
Garage 
Taxes $2,800
Days Active 0
Lot Size 0.04 Acres
Approx. Age 2021
Avg. Price Per Sqft $318
MLS® Number PAPH2679454

Property Address: 616 N 42nd St, PHILADELPHIA, PA, 19104-5848

Average square foot calculated using Size range provided by listing agent.

Description

Fantastic opportunity to acquire a newer-construction, tax-abated quadruplex at 616 N 42nd Street. This modern multifamily investment features four residential units consisting of two 1-bedroom apartments and two 2-bedroom apartments, offering an attractive unit mix and multiple streams of rental income. The combination of newer construction and an existing tax abatement makes this an especially appealing opportunity for investors. Modern construction and systems can help minimize near-term capital expenditures and maintenance, while the tax abatement helps reduce operating expenses and strengthen the property's income potential. The mix of one- and two-bedroom apartments provides broad rental appeal, while the property's location offers convenient access to public transportation, neighborhood amenities, universities, and major routes throughout Philadelphia. Whether you're expanding an existing portfolio or looking for a newer multifamily asset with favorable tax benefits, 616 N 42nd Street offers an excellent opportunity for long-term investment and income growth.
MLS® NumberPAPH2679454
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2021
BasementFull
DrivewayNone
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 13, 2026List Date
$975,000List Price
  • Commute

Commute

Starting Address
Destination Address
616 N 42Nd St, Philadelphia, PA

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