Sold

902 S 47TH St, Philadelphia, PA 19143

Sqft
3,690

View property features, location on map, relevant school information and overview from seller's agent.

Listed byGiraldo Real Estate Group
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Overview

ATTENTION INVESTORS & FLIPPERS! LICENSED QUADRUPLEX WITH HUGE UPSIDE 🏢

This Victorian property is a fully licensed quadruplex and also holds a Single Family with Rooming House license (10 bedrooms). With over 50 years of use as a college fraternity house, this property presents an exceptional value-add investment opportunity .

The owner has already started the conversion into four independent income-producing units:

UNIT BREAKDOWN:

Unit 1: 3 Bedrooms | 1 Full Bath | In-Unit Laundry

Unit 2: 3 Bedrooms | 1 Full Bath | In-Unit Laundry

Unit 3: 1 Bedroom | 1 Full Bath | In-Unit Laundry

Unit 4: 1 Bedroom | 1 Full Bath | In-Unit Laundry

Additional features include separate utilities, basement storage, a spacious front porch, a large attic with expansion potential, and a high-ceiling basement—ideal for future value creation.

MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED:

All plumbing fully replaced

Three brand-new water heaters installed

Electrical work approximately 50% completed

The property is being sold AS-IS, offering investors the opportunity to complete the renovation, increase rental income, and unlock strong returns 💰. Conveniently located near restaurants, schools, cafes, churches, and entertainment, ensuring strong rental demand.

Don’t miss this rare opportunity to acquire a licensed quadruplex with significant income potential. 🔑

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
3,690
Lot size (acres)
0.07
Year built
1895

Interior features

Basement
Yes, Partially finished
Laundry
In Unit

Utilities

Heating
Natural Gas
Cooling
Window Units
Sewer
Private Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$9,480

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PAPH2625428 Last checked:

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