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2115 N 63rd St
Philadelphia, PA 19151 Overbrook

$1,857,000 USD

Apartments For Sale • 9,181 SF

Property Details

Property Type Apartments
Total Building Size 9,181 SF
Lot Size 0.33 AC
Building Class C
Year Built 1922
Tenancy Multiple
Zoning C2

64 Transit Score

68 Walk Score

                
                    Highlights
                
                                11 Multifamily & 2 Commercial Units | Overbrook Section of West Philadelphia
                            
                                In-Place Cash Flow | 7+ Cap Rate on Current In-Place
                            
                                Rental Upside | ~6% Upside through Closing Loss to Lease & ~25% Upside through Renovation Plan
                            
                                Individually Metered Units | Tenants Pay Electric & Gas Direct to Provider and a $60 Monthly Water Fee to Ownership
                            
                                Stabilized Commercial Tenancy | A Fitness Center & Hair Salon Occupy the Commercial Spaces, Adding Income Diversification and Enhanced Cash Flow
                            
                                Prime Location and Connectivity | Highly Walkable and Transit-Friendly, Located Steps from Overbrook SEPTA Station, Near Major Highways

Amenities

Balcony
Laundry Facilities
Heating
Kitchen
Hardwood Floors
Refrigerator
Oven

Public Transportation

Commuter Rail	Drive	Walk	Distance
Overbrook (R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	1 min	3 min	0.1 mi
Merion (R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	3 min	15 min	0.8 mi
Transit/Subway	Drive	Walk	Distance
Overbrook (R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	1 min	3 min	0.2 mi
Malvern and 63rd (Route 10 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley))	1 min	9 min	0.4 mi
63rd Street and Columbia Avenue (Route 10 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley))	2 min	12 min	0.6 mi
63rd and Jefferson (Route 10 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley))	2 min	15 min	0.8 mi
Merion (R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	3 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Philadelphia International	27 min	-	10.5 mi
Trenton Mercer	61 min	-	39.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Joe Loonstyn 267-252-0223 SCOPE

2115 N 63rd St Philadelphia, PA 19151 Overbrook