171 W Norris St, Philadelphia, PA 19122
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
171 W Norris St,Philadelphia, PA 19122
$495,000
- 5 Beds
- - Baths
- 2,527 sq. ft.
- Multi-family
- Active
Listed by:abe thomson
Office:re/max ready
MLS#:PAPH2545804
Source:BRIGHTMLS
Price summary
- Price:$495,000
- Price per sq. ft.:$195.88
About this home
Don’t miss this rare chance to own a four-unit apartment building in the rapidly growing Norris Square neighborhood of Philadelphia. This property is perfectly positioned just one block from Norris Square Park and within walking distance of Fishtown’s renowned restaurants, cafes, and nightlife. With easy access to public transportation, tenants will enjoy seamless commutes and connectivity to Center City and beyond. The neighborhood’s continued development makes this a strong long-term investment with significant upside potential. Whether you’re an experienced investor looking to expand your portfolio or a first-time buyer seeking reliable rental income, this property offers both immediate cash flow and future appreciation in one of the city’s most vibrant and up-and-coming areas.
Rental Income:
1st floor 2 bedroom - $1450 mth.
2nd floor front studio - $975 mth.
2nd floor rear studio - $950 mth.
3rd floor studio - $925 mth.
All utilities paid by tenants except for water.
Water bill - averages $133 month/$1596 yr.
Common area - about $37 month/$444 yr.
Landlord is paying $3700 a year in building insurance.
Taxes are $6385 a year.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:PAPH2545804
- Added:1 day(s) ago
- Updated:October 08, 2025 at 04:39 PM
Rooms and interior
- Bedrooms:5
- Living area:2,527 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1920
- Building area:2,527 sq. ft.
- Lot area:0.04 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$495,000
- Price per sq. ft.:$195.88
- Tax amount:$7,130 (2025)
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