Property

Philadelphia, PA 19130 1531 Green Street

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Presented By: TCS Management, LLC
  • MLS# PAPH2524290
  • 08/05/2025
  • Request Tour
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  • SQFT • 4,356

Home Details

Located in the heart of Fairmountone of Philadelphias most sought-after neighborhoods1531 Green Street is a fully occupied six-unit multifamily building offering both immediate income and long-term value-add potential. This stabilized asset presents an exceptional opportunity for investors seeking dependable cash flow today with upside through future improvements. The property is currently leased with reliable tenants in place across all six units, generating a total monthly rent of $8,555 and an annual gross income of $102,660. Undermarket rents provide a clear path for revenue growth through cosmetic upgrades or strategic repositioning. Each unit is well-maintained, and the building as a whole stands on a strong foundation with room for meaningful enhancements. One of the propertys standout features is its large private courtyardan underutilized outdoor space that could be transformed into an amenity-rich environment for tenants. In addition, the basement presents an opportunity to create added income through conversion into storage units, shared office space, a fitness room, or lounge area. These value-add components make the building especially attractive in a high-demand rental corridor. The location is prime, just steps from the Broad Street Line, and walkable to Center City, multiple universities, hospitals, and major employment hubs. Transit access is excellent, making it a highly desirable address for renters and a low-risk holding for landlords. Current rents include: Unit 1, a 1-bedroom, 1-bath at $1,450, expires 8/31/26 Unit 2, a 1-bedroom, 1-bath at $1,320, expires 2/28/26 Unit 3, a 2-bedroom, 1-bath at $1,600, expires 4/30/26 Unit 4, a 2-bedroom, 1-bath at $1,785, expires 5/31/26 Unit 5, a 1-bedroom, 1-bath at $1,200, expires 6/5/26 Unit 6, a 1-bedroom, 1-bath at $1,200, expires 6/30/26 This plug-and-play asset is ideal for buy-and-hold investors, 1031 exchange buyers, or those looking to capitalize on Fairmounts continued appreciation. With strong in-place income, a trophy location, and clear pathways for rent growth, 1531 Green Street offers an unmatched investment opportunity in one of Philadelphias premier submarkets.
Presented By: TCS Management, LLC

Interior Features for 1531 Green Street

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Number of Elevators
Total Stories3

Other Rooms

Entry Level1

General for 1531 Green Street

AccessibilityNone
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsLocated a block from the Giant on Spring Garden
Gross Income102660.00
HeatingForced Air
Lot Size Square Feet3651.00
Lot Size UnitsSquare Feet
MLS Area19130 (19130)
ModificationTimestamp2025-08-08T11:47:47
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total6
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG321.4
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Septic, Public Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameSPRING GARDEN
Tax Annual Amount10330.0
Tax Assessed Value738000.0
Tax Lot68
Tax Year2025
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningRM1

Exterior for 1531 Green Street

Building Area Total4356.00
Car Parking Spaces
Land Assessed Value110700.00
Land Use CodeCA0
Lot Dimensions36.00 x 101.00
Lot Size Acres0.08
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Aneesa Pinheiro

Associate
Price $1,400,000
MLS#PAPH2524290
List Date 08/05/2025
Property Type Commercial
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