Property
Philadelphia, PA 19119 400 E Vernon Road
$1,169,000
74 more
Presented By: Keller Williams Real Estate-Langhorne
Beds • 7
Garage • 2
Home Details
This fully occupied 7-unit multifamily property offers immediate cash flow and peace of mind with a fully renovated interior throughout. Located in the desirable Mt. Airy neighborhood of Philadelphia, each unit has been thoughtfully updated with modern finishes, new flooring, kitchens, baths, and mechanical systems. Tenants enjoy a comfortable and stylish living space, while investors benefit from low maintenance and strong rental demand in this sought-after area. Minutes from public transportation, shops, and restaurants. Perfect for both seasoned and new investors seeking a stable, income-generating asset in a prime location. Potential sits in updating the exterior and receiving an income from the two car detached garage.
Presented By: Keller Williams Real Estate-Langhorne
Interior Features for 400 E Vernon Road
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NNo
Heating FuelNatural Gas Available
Heating Y/NYes
Hot WaterNatural Gas
General for 400 E Vernon Road
Acceptable FinancingCash, Negotiable, Conventional
AccessibilityNone
Architectural StyleOther
Cap Rate6.93
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsFound on the Corner of Boyer and Vernon. Parking can be found around the building.
DisclosuresProp Disclosure, Rental Permits, Other
ExclusionsAll Tenants belongings
Garage Spaces2.00
Garage Y/NYes
Gross Income100980.00
HeatingRadiator
Historic Y/NNo
Lot Size Square Feet12000.00
Lot Size UnitsSquare Feet
MLS Area19119 (19119)
ModificationTimestamp2025-07-10T06:35:03
MunicipalityPHILADELPHIA
Net Operating Income82420.24
New ConstructionNo
Number Of Units Total4
Number of Units Leased7
One Bedroom Units Count5
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6, Unit 7
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG309.26
Property ConditionVery Good
Property SubtypeOther
Property TypeMulti-Family
Rent Control Y/NNo
RoofPitched, Shingle
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount6078.0
Tax Assessed Value434200.0
Tax Lot153
Tax Year2025
Total Rooms7
Total SQFT3780
Two Bedroom1
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1921
Year Built SourceEstimated
ZoningREZONED FROM - RSA-5
Exterior for 400 E Vernon Road
# of Detached Garage Spaces2
Foundation DetailsStone
Garage FeaturesGarage - Front Entry
Land Use CodeCA0
Lot Dimensions120.00 x 100.00
Lot Size Acres0.28
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces2
Type of ParkingDetached Garage, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner
Price
$1,169,000
MLS#PAPH2497016
List Date
06/20/2025
Property Type
Multi-Family
Phone
(973) 332-3022