616 N 42nd St, Philadelphia, PA 19104
- $975,000
- 3,066
- SqFt
- List Price
- $975,000
- Days on Market
- 14
- Status
- ACTIVE
- MLS#
- PAPH2679454
- Living Area
- 3,066
- Lot Size (Acres)
- 0.04
- Style
- Contemporary
- Year Built
- 2021
- County
- Philadelphia
- School District
- The School District Of Philadelphia
Property Description
Fantastic opportunity to acquire a newer-construction, tax-abated quadruplex at 616 N 42nd Street. This modern multifamily investment features four residential units consisting of two 1-bedroom apartments and two 2-bedroom apartments, offering an attractive unit mix and multiple streams of rental income. The combination of newer construction and an existing tax abatement makes this an especially appealing opportunity for investors. Modern construction and systems can help minimize near-term capital expenditures and maintenance, while the tax abatement helps reduce operating expenses and strengthen the property's income potential. The mix of one- and two-bedroom apartments provides broad rental appeal, while the property's location offers convenient access to public transportation, neighborhood amenities, universities, and major routes throughout Philadelphia. Whether you're expanding an existing portfolio or looking for a newer multifamily asset with favorable tax benefits, 616 N 42nd Street offers an excellent opportunity for long-term investment and income growth.
/u.realgeeks.media/searchchestercounty/header2.png)
Additional Information
- Area
- 19104 (19104)
- Subdivision
- Philadelphia (West)
- School District
- The School District Of Philadelphia
- Flooring
- Hardwood, Tile
- Heating
- Forced Air
- Cooling
- Central Air
- Roof
- Flat, Rubber
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Full
Mortgage Calculator
Listing courtesy of Keller Williams Main Line. Contact:
© 2026 TReND. All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the TReND Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Real Estate Company participates, and is provided by TReND through a licensing agreement. Real estate listings held by brokerage firms other than Real Estate Company are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.