2317 E Westmoreland Street

Philadelphia, PA

Multi-family for Sale - $838,000 - 3,948 Sq. Ft.


Agent Info

Sokkie Choing
Red Door Real Estate

Property Info

CIMLS#1187390
Location
  2317 E Westmoreland Street
  Philadelphia PA 19134
UpdatedFebruary 8th, 2026
TypeMulti-family
Price$838,000
Building3,948 Sq. Ft.

Property Description

Rarely offered, fully renovated 4-unit mixed-use property, Medical Zoning! with long-term residential and commercial tenants. This property boasts modern amenities with high-quality finishes throughout! This fully sprinklered building features three upscale 1-bedroom, 1-bath apartments and a long-term medical tenant on the ground floor, ensuring steady rental income.

Key Investment Highlights:

✔ Strong 8.2% Cap Rate – High-yield, income-producing asset✔ 100% Occupancy with stable Cash Flow – Long-Term residential & commercial tenants

✔ Tax Abatement – 1 Years Remaining ✔ Turnkey Condition – Low-maintenance, modern construction✔ High-Demand Location – Steps from Aramingo Ave, I-95, transit, and retail hubs✔ Quality Upgrades – Tankless water heaters, sliding glass shower doors, central air, LED lighting, granite countertops, tile flooring, stainless steel appliances✔ Fire & Safety Compliance – 24/7 Fire alarm monitoring & annual system maintenance✔ Transferrable Roof Warranty – Added long-term value

This prime investment property offers investors a rare opportunity to acquire a stabilized, low-maintenance asset in a rapidly growing area. Perfect for 1031 exchange buyers and portfolio investors!

📍 Location Perks: Close to public transportation, restaurants, big-box retailers, hospitals, schools, parks, fitness centers, I-95, and just minutes from downtown.

Don't miss this highly desirable, fully occupied asset

The property generates an annual rent of $81,600 and is separately metered for electric. This property has a lot to offer with streamlined rental payments, secured waste management, and maintenance services. Don't miss out on this income-generating gem!

Serious inquiries only. Prior to confirming ALL showings, Buyers must provide Pre-approval, POF or Bank Statement(s). Once received and verified, Broker will confirm.

Co-Operating Brokers welcomed! Commissions honored.

For more details or to schedule a showing, contact Sokkie Choing at (855) 733-1341.


Financials

Please inquire w/Broker.