175-00 W BERKS STREET Overview
- Time on Site:
- 109 days
- Visits:
- 3
7-Unit Multifamily Investment Opportunity Value-Add West Kensington, Philadelphia 175 West Berks Street & Philadelphia, PA Positioned in the rapidly evolving West Kensington neighborhood, 175 West Berks Street presents an excellent opportunity to acquire a stabilized multifamily asset with strong upside potential. Surrounded by ongoing redevelopment and new residential construction, the property benefits from the continued growth and investment transforming the area. This 7-unit multifamily building consists of six one-bedroom apartments and one efficiency unit, offering a well-balanced unit mix attractive to renters seeking affordable housing near major employment and education hubs. Investors will appreciate the value-add opportunity through rent increases to current market levels, creating the potential to improve net operating income. Additionally, there may be the possibility of vertical expansion by adding additional floors, subject to verification with local zoning regulations. Investment Highlights 7-unit multifamily property Unit mix: 6 one-bedroom apartments, 1 efficiency Located in rapidly developing West Kensington Surrounded by new multifamily construction and luxury residential development Value-add opportunity through rent increases Potential development upside through vertical expansion (buyer to verify) Strong rental demand in a centrally located Philadelphia neighborhood Showings: Please allow 24&48 hours' notice to coordinate access to the maximum number of units. Financials available upon request.
175-00 W BERKS STREET Facts & Features
- Type Commercial
- Lot 0.03 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1910
Business Information
- Business Type: Apartment Building
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19122 (19122)
Parking Information
- Total Parking Spaces: 0
- Type of Parking: On Street
Tax Information
- City/Town Tax: 3264.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 4154.00
- Tax Annual Amount: $7,418.00
- Tax Assessed Value: 530000.00
- Tax Year: 2025
General Information
- Property Sub Type: Five Or More Units
- Property Type: Commercial Sale
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: CMX2
Interior
Building Information
- Cooling Fuel: None
- Heating Fuel: Electric
- Total Drive In Doors: 0
Parking Information
- Garage: No
Building Interior
- Building Area Source: Assessor
- Central Air: No
- Hot Water: Electric
General Information
- Accessibility Features: None
- Cooling: None
Exterior
Building Information
- Total Loading Docks: 0
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Dimensions: 18.00 x 80.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 1440.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Masonry
General Information
- Number Of Units Total: 2
- Sewer: Public Sewer
- Water Access: No
175-00 W BERKS STREET Neighborhood
Community
19122 (PHILADELPHIA) Demographics
175-00 W BERKS STREET Monthly Cost
175-00 W BERKS STREET Market Data
Based on the last 30 days in this zip code
175-00 W BERKS STREET History
| Date | Value | Agent |
|---|---|---|
| 6/16/2026Source: BRIGHT MLS | $650,000 -7.1% |
|
| 5/8/2026Source: BRIGHT MLS | $700,000 -3.4% |
|
| 3/13/2026Source: BRIGHT MLS | March 13, 2026 |
Contact Information: [email protected] - 2158604200