Property
Philadelphia, PA 19104 4059 Baring Street
$1,999,000
Presented By: Empower Real Estate, LLC
SQFT • 7,465
SQFT • 7,465Home Details
Discover a rare investment opportunity in the heart of University City. This 7,465 sq. ft., 5-unit building (15 beds, 12 full baths, 2 half baths) is only 5 years old and comes fully furnished with ultra-luxury finishesincluding quartz counters, stainless steel appliances, white cabinetry, and bamboo hardwood floors. The property has a strong rental history and 25% upside potential. Additional highlights include fire sprinklers, fire alarm monitoring, and camera security system. With 5 years of real estate tax abatement remaining and proximity to UPenn, Drexel, and Market-Frankford Line transit, this is a turn-key, cash-flowing investment.
Presented By: Empower Real Estate, LLC
Interior Features for 4059 Baring Street
Other Interior Features
Central Air Y/NYes
FlooringBamboo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3
Other Rooms
Entry Level1
General for 4059 Baring Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsBrick, Brick Front, Vinyl Siding
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUSE GPS
ExclusionsTenants Personal Property
HeatingCentral
Historic Y/NNo
Lot Size Square Feet2146.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
PossessionImmediate, 0-30 Days CD
Possible UseApartment Building, Apartments, Commercial
Property ConditionExcellent, Very Good
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Security FeaturesExterior Cameras, Security System, Sprinkler System - Indoor
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameUNIVERSITY CITY
Tax Annual Amount1638.46
Tax Assessed Value1170500.0
Tax Lot159
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2019
Year Built SourceEstimated
ZoningRSA5
Exterior for 4059 Baring Street
Building Area Total0.00
Car Parking Spaces
Foundation DetailsConcrete Perimeter
InclusionsExisting Furniture is AS IS condition
Land Assessed Value160300.00
Land Use CodeSR
Lot Dimensions22.00 x 98.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street, Off Site
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Brian Lee
Associate