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6351-6355 Lancaster Ave
Philadelphia, PA 19151

Lancaster Apartments · Multifamily Property For Sale · 25 Units

INVESTMENT HIGHLIGHTS

  • Below Market Rents: $100+ per Month Below Market
  • Access to Public Transit: 2± Blocks of SEPTA Regional Rail Station
  • Strong Rental Sub-Market: Occupancy Greater than 96%
  • Value-Add Opportunity: Approved Plans in Place to Convert (8) Three-Bedroom Units to 16 Studio and One-Bedroom Units

PROPERTY FACTS

No. Units 25
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.30 AC
Building Size 25,656 SF
No. Stories 4
Year Built 1936
Parking Ratio 0.54/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Disposal
  • Ceiling Fans
  • Hardwood Floors
  • Oven
  • Stainless Steel Appliances

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Vintage Building
  • Public Transportation
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881126110
Land Assessment
$965,670
Improvements Assessment
$2,253,230
Total Assessment
$3,218,900

ZONING

Zoning Code RSD3
RSD3
  • Listing ID: 32258945

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 6351-6355 Lancaster Ave, Philadelphia, PA 19151

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