Property
Philadelphia, PA 19146 2047 Fitzwater Street
$809,000
Presented By: Coldwell Banker Realty
Beds • 5
Home Details
This legal 5-unit residential building in the Graduate Hospital area features five one-bedroom units, each with separate HVAC and central air systems. While the property requires some capital improvements throughout, it offers significant value-add potential with solid rental upside, making it an attractive investment in a desirable neighborhood close to Rittenhouse Square. The price has been newly reduced by $80,000 as of 5/9/25, now listing at $809,000$161,800 per unit.
Make your appointment todayit's the right time at the right price!
Presented By: Coldwell Banker Realty
Interior Features for 2047 Fitzwater Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 2047 Fitzwater Street
Acceptable FinancingCash, FHA
AccessibilityNone
Architectural StyleConverted Dwelling
Association Recreation FeeN
Cap Rate6.25
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingCentral A/C, Multi Units
CountyPHILADELPHIA
DirectionsWest bound off Broad Street
Between Catherine and Bainbridge Streets
Garage Y/NNo
HeatingForced Air
Lease TypeGross
Lot Size Square Feet1328.00
Lot Size UnitsSquare Feet
MLS Area19146 (19146)
ModificationTimestamp2025-05-09T09:51:34
MunicipalityPHILADELPHIA
Net Operating Income55000.00
New ConstructionNo
Number Of Units Total2
NumberOfUnitsVacant1
One Bedroom Units Count5
Operating Expense18345.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1
OwnerPaysWater, Taxes - Real Estate, Snow Removal, Management
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG380.89
Property ConditionAverage, Good
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictPHILADELPHIA CITY
SewerPublic Septic
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount7348.0
Tax Assessed Value525000.0
Tax Lot286
Tax Year2024
Total Actual Rent74380.00
Total SQFT2124
Two Bedroom0
UtilitiesNatural Gas Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningRM1
Exterior for 2047 Fitzwater Street
Foundation DetailsBrick/Mortar
Land Assessed Value157500.00
Land Use CodeCA0
Lot Dimensions16.00 x 83.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner