38
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$1,375,000
Est. payment /mo
3,651 Sqft Lot
New
1531 GREEN ST Philadelphia, PA 19130
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2570002
Year Built 1920
Annual Tax Amount $10,330
Tax Year 2025
Lot Size 3,651 Sqft
Acres 0.08
Lot Dimensions 36.00 x 101.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Prime Fairmount Art Museum Multifamily Opportunity **Fully Occupied Six Unit Building with Strong Income and Clear Value Add Potential**Located in the heart of Fairmount, one of Philadelphia's most sought‑after neighborhoods, 1531 Green Street is a stabilized six‑unit multifamily asset offering both dependable cash flow and meaningful long‑term upside. This turnkey property is 100% occupied with reliable tenants in place, generating $8,555 in monthly rent.
Current rents sit below market, creating a straightforward path for revenue growth through cosmetic upgrades, amenity enhancements, or strategic repositioning. Each unit is well maintained, and the building itself is structurally sound an ideal foundation for investors looking to elevate performance while minimizing operational risk.
A standout feature of the property is its large private courtyard, an underutilized outdoor space with the potential to become a premium tenant amenity. The basement also presents an excellent value‑add opportunity, suitable for storage units, co‑working space, a fitness room, or a resident lounge—unlocking additional income streams in a high‑demand rental corridor.
The location is exceptional: steps from the Broad Street Line, and walkable to Center City, major universities, hospitals, and key employment hubs. With strong transit access and neighborhood desirability, this property offers consistent renter demand and long‑term appreciation.
Please see P&L attached for current rents.
Current rents sit below market, creating a straightforward path for revenue growth through cosmetic upgrades, amenity enhancements, or strategic repositioning. Each unit is well maintained, and the building itself is structurally sound an ideal foundation for investors looking to elevate performance while minimizing operational risk.
A standout feature of the property is its large private courtyard, an underutilized outdoor space with the potential to become a premium tenant amenity. The basement also presents an excellent value‑add opportunity, suitable for storage units, co‑working space, a fitness room, or a resident lounge—unlocking additional income streams in a high‑demand rental corridor.
The location is exceptional: steps from the Broad Street Line, and walkable to Center City, major universities, hospitals, and key employment hubs. With strong transit access and neighborhood desirability, this property offers consistent renter demand and long‑term appreciation.
Please see P&L attached for current rents.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RM1
Interior
Hot Water 60+ Gallon Tank
Cooling Central A/C
Flooring Carpet, Ceramic Tile, Hardwood
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881801000
Ownership Fee Simple
Special Listing Condition Standard
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