401 LYCEUM AVE, Philadelphia, PA 19128 | MLS# PAPH2521234

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Kory Prince

kory@countrywiderealestate.ca +1(604) 270-8774

Listed by Ryan J McManus • Keller Williams Liberty Place

$800,000

Est. payment - /mo

4,095 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 4,095 sqft

Price per Sqft $195

Subdivision Roxborough

MLS Listing ID PAPH2521234

Year Built 1996

Annual Tax Amount $6,658

Tax Year 2024

Lot Size 4,095 Sqft

Acres 0.09

Lot Dimensions 35.00 x 117.00

Property Sub-Type Other

Source BRIGHT

Property Description

401 Lyceum is a light value-add 5-plex (5 units) apartment building located in Roxborough — a thriving submarket in NWPHL (Northwest Philadelphia) experiencing surging rental demand for its bucolic nature, access to amenities and parks, and connectivity to Philly's urban core. Also available with 4381 Pechin (next door - 5 units) and 359 Lyceum (5 units - on same block) — for a total of 15 units for $2,549,000. 401 Lyceum is comprised of four (4) 1bd x 1ba apartments and one (1) 2bd x 2ba apartment in a stately 3-storey, ±3120 SF Victorian-esque stone structure on an ideal corner lot. Invest in a Top-10 USA MSA with this 7.5% CAP multifamily real estate acquisition from How Properties, one of Philly's leading full-service real estate firms. Buy one, two, or all three buildings. Tangible financial upside exists via rent growth and OPEX minimization. Enquire within for financials.

Location

Province PA

County Philadelphia

Area 19128 (19128)

Zoning RSD3

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Luxury Vinyl Plank

Heat Source Electric

Exterior

Water Access N

View City

Accessibility None

Garage N

Building

Lot Description Corner

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881080700

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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