4 S Strawberry St, Philadelphia, PA 19106

$1,200,000
4
BD
3
BA
1,920
SqFt

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List Price
$1,200,000
Days on Market
3
MLS#
PAPH2663520
Status
COMING SOON
Type
Townhome
Style
Traditional
Year Built
1900
Bedrooms
4
Bathrooms
3
Full-baths
2
Half-baths
1
County
Philadelphia
Region
19106 (19106)
Neighborhood
Old City
Subdivision
Old City

Property Description

Positioned in the heart of Old City, 4 S Strawberry Street presents a rare Philadelphia investment property combining approved use, flexible configuration, documented operating history, and one of the city's most recognizable tourism locations. The approximately 1,920-square-foot, three-level property features a legal two-unit configuration consisting of a 3-bedroom residence plus a separate studio. Zoned CMX-3, the property has an approved Change of Use to Visitor Accommodations, with the required building approvals and business licensing already in place. For investors focused on the legal short-term rental segment, the approved Visitor Accommodations use and two-unit property configuration give buyers flexibility for future ownership and operating strategies. This Old City Philadelphia investment property is surrounded by the destinations that make the neighborhood one of Philadelphia's most active visitor hubs. Independence Hall, the Liberty Bell, museums, galleries, restaurants, nightlife, Penn's Landing, and the Delaware River waterfront are all part of the surrounding Old City experience. Philadelphia draws 26.6 million visitors annually who spend 4.5 billion dollars, while Independence National Historical Park alone attracts 3 to 5 million visitors. For an investor seeking an income-producing property with location, optionality, and an existing operating track record, that combination is hard to find elsewhere in the city.

Additional Information

Acres
0.01
Lot Size
435
Living Area
1,920
Cooling
Central A/C
Heating
Forced Air
Basement
Yes
Taxes
$7,621

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Listing courtesy of SERHANT PENNSYLVANIA LLC. Contact: