Philadelphia, PA 19146 2311 Christian Street

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Presented By: Best City Homes Inc
  • MLS# PAPH2460718
  • 04/06/2025
  • Request Tour
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  • SQFT • 1,872

Home Details

Outstanding Investment Opportunity 5-Unit Apartment Building in Graduate Hospital Explore a remarkable investment in the highly sought-after Graduate Hospital neighborhood in Philadelphia. This 5-unit apartment building boasts a stable tenant base with long-term residents, ensuring a consistent and dependable rental income stream, while also offering potential for increased value through higher rents. Situated on a desirable Christian street near restaurants, parks, and public transportation, the property provides exceptional walkability and convenience for tenants. A superb asset for any investment portfolio, this building offers immediate income as well as strong potential for future appreciation. Graduate Hospital neighborhood ratings: Walk Score: 95 (Walkers Paradise daily errands can be accomplished without a car) Transit Score: 85 (Excellent Transit public transportation is convenient for most trips) Bike Score: 94 (Bikers Paradise daily errands can be easily completed on a bike) These impressive scores make the area highly attractive to both renters and investors.
Presented By: Best City Homes Inc

Interior Features for 2311 Christian Street

Bathrooms

Total Restrooms5

Other Interior Features

Central Air Y/NNo
FlooringEngineered Wood, Ceramic Tile
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 2311 Christian Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
Cap Rate5.78
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s), Wall Unit
CountyPHILADELPHIA
DirectionsWest on Christian past 23rd
DisclosuresAgent has Financial Interest
Electric200+ Amp Service
Electric Expense857.32
Gross Income61020.00
HeatingRadiator
Historic Y/NNo
Insurance Expense3131.10
Lot Size Square Feet1117.00
Lot Size UnitsSquare Feet
MLS Area19146 (19146)
MaintenanceExpense2447.50
ModificationTimestamp2025-05-27T12:03:54
MunicipalityPHILADELPHIA
Net Operating Income45887.86
New ConstructionNo
Number Of Units Total5
Operating Expense15132.14
OwnerPaysCommon Area Maintenance, Insurance, Repairs, Sewer, Taxes - Real Estate, Water
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG424.68
Property ConditionAverage
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Security FeaturesFire Detection System
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount6383.0
Tax Assessed Value456000.0
Tax Lot393
Tax Year2024
Total Actual Rent61020.00
Trash Expense500.00
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningRM1

Exterior for 2311 Christian Street

Building Area Total1872.00
Fencing Y/NY
Foundation DetailsStone
Land Assessed Value136800.00
Land Use CodeCA0
Lot Dimensions15.00 x 74.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $795,000
MLS#PAPH2460718
List Date 04/06/2025
Property Type Commercial
Phone 571.207.5186
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