Philadelphia, PA 19106
$1,500,000
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!
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Listed by Michael R. McCann, KW Empower