121-123 CUTHBERT ST, Philadelphia, PA 19106
121-123 CUTHBERT ST, Philadelphia, PA 19106
121-123 CUTHBERT ST, Philadelphia, PA 19106
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Listed by Michael McCann • KW Empower
$1,500,000
Est. payment /mo
1,679 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Old City

MLS Listing ID PAPH2675940

Year Built 1850

Annual Tax Amount $9,640

Tax Year 2026

Lot Size 1,679 Sqft

Acres 0.04

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Exceptional investment opportunity in the heart of Old City! 121-23 Cuthbert Street consists of 2 adjoining buildings being offered together, featuring 6 fully occupied apartments.

121 Cuthbert Street

Unit 1: 1 bedroom | $1,850/month | Lease expires 7/28/27

Unit 2: 1 bedroom | $1,910/month | Lease expires 5/28/27

Unit 3: 1 bedroom | $2,150/month | Lease expires 6/27/27

123 Cuthbert Street

Unit 1: 1 bedroom | $1,695/month | Lease expires 5/28/27

Unit 2: 3 bedrooms, 2 bathrooms | $3,150/month | Lease expires 7/28/27

Unit 3: 1 bedroom | $1,750/month | Lease expires 5/28/27

Total monthly rental income is $12,505, producing $150,060 in annual gross rental income. Located on a charming historic street near Old City's restaurants, galleries, shopping, public transportation and major employment centers. A rare opportunity to acquire 2 fully occupied income-producing buildings in an established Philadelphia neighborhood. Schedule your showing today!

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning CMX3

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 052156100/052156200

Ownership Fee Simple

Special Listing Condition Standard


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Jenn Geddes

Jenn Geddes

+1(484) 779-8635

Agent License ID: RS321126

Agent License ID: RS321126

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