Property

Philadelphia, PA 19106 311 N Front Street

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Presented By: Keller Williams Real Estate - Newtown
  • MLS# PAPH2522464
  • 07/30/2025
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Home Details

Fully Renovated Income-Producing Historical Triplex in Old City with Parking & Stunning Bridge Views! Located in the heart of Old City, this beautifully renovated 3-unit triplex is a rare opportunity for investors or owner-occupants seeking style, space, and strong rental income. Each unit blends modern amenities with thoughtful design, offering comfort, flexibility, and unique character. Unit 1: Chic and sun soaked 1 bed / 1 bath with a private balcony, new HVAC, dishwasher, washer & dryer, and heater. Unit 2: Spacious 2 bed / 1 bath featuring soaring ceilings, a lofted office space, tons of storage, new stove, dishwasher, washer & dryer, and a light-filled open layout. Water St Unit: A truly one-of-a-kind 12 bed / 1 bath residence with a large bay door that opens to the outdoors for seamless indoor/outdoor living. This historic space features a distinct industrial vibe with exposed brick walls, steel beams, and a cozy fireplace. During renovations, a previously hidden tunnel dating back to the 1600s was uncovered and carefully excavated, revealing original stonework and architectural elements that had been concealed for centuries. This remarkable discovery adds approximately 220 square feet of unique, usable space to the unit, perfect for a creative studio, wine cellar, or private retreat. The unit also includes new HVAC, microwave, tankless water heater, washer & dryer, and a private 5x8 storage closet. All three units offer hardwood floors, stainless steel appliances, quartz countertops, recessed lighting, large modern bathrooms, ample storage, and plenty of natural light. The building also features a stylish tiled foyer, brand-new roof and gutters, and parking. Enjoy breathtaking views of the Ben Franklin Bridge and Delaware River and enjoy the sunrise every morning from all 3 units. Just steps away from the best of Old Citys historic charm, art scene, and vibrant dining. Easy access to 95, 676 & 76, The Ben Franklin Bridge and just a short walk to public transportation. One of Old City's favorite dog park is right across street. Whether you're looking to live in one unit and rent the others or expand your investment portfolio with a truly exceptional property, this triplex delivers space, income, and unmatched character. This is not just a property, its a piece of Philadelphias living history.
Presented By: Keller Williams Real Estate - Newtown

Interior Features for 311 N Front Street

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 311 N Front Street

Acceptable FinancingConventional, Cash, FHA, VA
AccessibilityNone
Business TypeApartment Building
Cap Rate6.70
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Current UseApartments
DirectionsChristopher Columbus Blvd to Front St
Gross Income94500.00
HeatingForced Air
Insurance Expense4500.00
Lot Size Square Feet966.00
Lot Size UnitsSquare Feet
MLS Area19106 (19106)
MaintenanceExpense2000.00
ModificationTimestamp2025-07-30T15:37:00
MunicipalityPHILADELPHIA
Net Operating Income20627.00
New ConstructionNo
Possession31-60 Days CD
Property ConditionExcellent
Property SubtypeOther
Property TypeBusiness Opportunity
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameOLD CITY
Tax Annual Amount10627.0
Tax Assessed Value759200.0
Tax Lot20
Tax Year2024
Trash Expense500.00
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningRM1

Exterior for 311 N Front Street

Building Area Total0.00
Car Parking Spaces1
Foundation DetailsBlock, Brick/Mortar
InclusionsAll refrigerators, washers and dryers
Land Assessed Value151840.00
Land Use CodeU30
Lot Dimensions24.00 x 40.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces1
Type of ParkingDriveway, Other
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $1,100,000
MLS#PAPH2522464
List Date 07/30/2025
Property Type Business Op
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