Property
Philadelphia, PA 19124 4938-4940 Penn Street
$600,000
Presented By: Trophy Commercial Real Estate LLC
Beds • 9
Garage • 2
Home Details
4938
& 4940 Penn Street, a stabilized six-unit multifamily portfolio located in Philadelphias Frankford neighborhood. Built in 2020, the properties feature modern layouts, efficient systems, and low deferred maintenanceideal for investors seeking turnkey performance and long-term durability. The portfolio offers a mix of spacious two-bedroom and onebedroom units across two adjacent buildings, and is offered as a single package. This property offers reliable returns and low-friction management.
Presented By: Trophy Commercial Real Estate LLC
Interior Features for 4938-4940 Penn Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 4938-4940 Penn Street
Acceptable FinancingConventional, Cash, Negotiable
AccessibilityRamp - Main Level
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Directionsat the corner of Penn Street and Wakeling Street
Garage Spaces2.00
Garage Y/NYes
HeatingForced Air
Lot Size Square Feet5343.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2025-08-19T19:33:14
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased6
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG202.02
Property SubtypeOther
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount7059.0
Tax Assessed Value504300.0
Tax Lot66
Tax Year2025
Total Rooms6
Total SQFT2970
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningRM3
Exterior for 4938-4940 Penn Street
# of Detached Garage Spaces2
Garage FeaturesAdditional Storage Area
Land Assessed Value100800.00
Land Use CodeN50
Lot Dimensions30.00 x 180.00
Lot Size Acres0.12
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces2
Type of ParkingDetached Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Charles Torres
Owner