4 S Strawberry St,PHILADELPHIA, PA 19106
PHILADELPHIA, PA 19106
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.
Details
| MLS # | PAPH2663520 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 33 |
| Listing Provided By | SERHANT PENNSYLVANIA LLC | William M Prince |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,920 |
| Basement | Y |
| Story(s) | 4 |
| Zoning | CMX3 |
| Acreage | 0.01 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Slab |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 7621 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19106 |
| Area | 19106 (19106) |
| Community Name | OLD CITY |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in OLD CITY) | |
Price: $1,200,000 low | high Med: $3,395 sqft: 1,920 low | high Med: 900 $ / sqft: $625 low | high Med: $4 On site: 33 low | high Med: 57 | |
Market Activity 19106
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19106 |
| Area | 19106 (19106) |
| Community Name | OLD CITY |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in OLD CITY) | |
Price: $1,200,000 low | high Med: $3,395 sqft: 1,920 low | high Med: 900 $ / sqft: $625 low | high Med: $4 On site: 33 low | high Med: 57 | |
