Property 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.
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.
Overview
Property Type
Residential
Location
4 S STRAWBERRY STREET, PHILADELPHIA, PA 19106
Zoning
CMX3
MLS ID
PAPH2663520
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Exterior
Stories
4
Water Source
Public
Pool
No Pool
Parking
None
Heat Type
Forced Air
Air Conditioning
Central A/C
Sewer
Public Sewer
Substructure
Slab
Disability Features
None
Details
Total Area
1,920 Sq.Ft.
Neighborhood
Philadelphia
Architecture Styles
Traditional
Financial
Price
$1,200,000
Real Estate Tax
$7,621/yr
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