Bought with Lisa M Murphy • Compass Pennsylvania, LLC
$750,000
$800,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
4,095 Sqft Lot
SOLD DATE : 10/03/2025
Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Roxborough
MLS Listing ID PAPH2521234
Sold Date 10/03/25
Year Built 1996
Annual Tax Amount $6,658
Tax Year 2024
Lot Size 4,095 Sqft
Acres 0.09
Lot Dimensions 35.00 x 117.00
Property Sub-Type Other
Source BRIGHT
Property Description
401 Lyceum is a light value-add 5-plex (5 units) apartment building located in Roxborough — a thriving submarket in NWPHL (Northwest Philadelphia) experiencing surging rental demand for its bucolic nature, access to amenities and parks, and connectivity to Philly's urban core. Also available with 4381 Pechin (next door - 5 units) and 359 Lyceum (5 units - on same block) — for a total of 15 units for $2,549,000. 401 Lyceum is comprised of four (4) 1bd x 1ba apartments and one (1) 2bd x 2ba apartment in a stately 3-storey, ±3120 SF Victorian-esque stone structure on an ideal corner lot. Invest in a Top-10 USA MSA with this 7.5% CAP multifamily real estate acquisition from How Properties, one of Philly's leading full-service real estate firms. Buy one, two, or all three buildings. Tangible financial upside exists via rent growth and OPEX minimization. Enquire within for financials.
Location
State PA
County Philadelphia
Area 19128 (19128)
Zoning RSD3
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Flooring Luxury Vinyl Plank
Heat Source Electric
Exterior
Water Access N
View City
Accessibility None
Garage N
Building
Lot Description Corner
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881080700
Ownership Fee Simple
Special Listing Condition Standard
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