Bought with Francis Mangubat • Keller Williams Main Line
$470,000
$520,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
1,940 SqFt
SOLD DATE : 05/18/2026
Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,940 sqft
Price per Sqft $242
Subdivision Center City
MLS Listing ID PAPH2581214
Sold Date 05/18/26
Style Victorian
Abv Grd Liv Area 1,940
Year Built 1850
Annual Tax Amount $11,548
Tax Year 2025
Lot Size 810 Sqft
Acres 0.02
Lot Dimensions 15.00 x 54.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Positioned on a prime block of Lombard Street in Center City West, this RM-1 zoned triplex presents a standout opportunity for investors seeking long-term value in one of Philadelphia's most established and consistently in-demand neighborhoods. Surrounded by acclaimed dining, shopping, cultural destinations, and major employment centers, the location continues to support strong rental demand and enduring market appeal.
The property is configured as three units. The first-floor Studio apartment offers direct access to the basement, where a washer and dryer are located. The kitchen area is partially in place and ready for completion, with a stove, refrigerator, and cabinets already present, providing a solid framework for future improvements.
The rear second-floor studio unit is currently occupied on a month-to-month lease paying $1,000 per month. The front bi-level unit spanning the second and third floors features two bedrooms and offers flexibility for modernization and value enhancement.
This property is an excellent candidate for an investor with vision, offering the opportunity to update and elevate the units over time while capitalizing on a premier Center City West location. With multi-family zoning, an established triplex layout, and strong neighborhood fundamentals, this building would be a wonderful addition to an investment portfolio whether your strategy is renovation, repositioning, or a long-term hold.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning RM1
Rooms
Basement Daylight, Partial
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 1940
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 081128700
Ownership Fee Simple
SqFt Source 1940
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard, Third Party Approval
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