6226 Race St, Philadelphia, PA 19139

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Premier
6226 Race St,Philadelphia, PA 19139
$299,000
  • 7 Beds
  • - Baths
  • 2,248 sq. ft.
  • Multi-family
  • Active
Listed by: eric land
Office: kw empower
MLS#:PAPH2638820
Source:BRIGHTMLS

Price summary

  • Price:$299,000
  • Price per sq. ft.:$133.01

About this home

Investor opportunity with tremendous upside! This legal 3-unit, semi-detached multifamily property offers approximately 2,400 square feet of living space and is approximately 90% complete, presenting the perfect chance for an investor to step in, finish the project, and reap the rewards. Being sold due to a partnership dissolution, this is a rare opportunity to acquire a nearly completed income-producing asset at a significant value. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath apartments and one spacious 3-bedroom, 1-bath apartment, for a total of 7 bedrooms and 3 bathrooms. Major infrastructure improvements have already been completed, including separate utility meters and a brand-new water meter, helping streamline future management and tenant billing. With projected rental income of approximately $5,300 per month, this property offers exceptional cash flow potential and is positioned to achieve a strong cap rate once fully stabilized. Whether...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1925
  • Subdivision & Development:HADDINGTON
  • Listing ID #:PAPH2638820
  • Added:49 day(s) ago
  • Updated:August 07, 2026 at 01:30 PM

Rooms and interior

  • Bedrooms:7
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,248 sq. ft.

Heating and cooling

  • Heating:Radiator

Structure and exterior

  • Year built:1925
  • Building area:2,248 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,000
  • Price per sq. ft.:$133.01
  • Tax amount:$3,257 (2025)

Parking

  • Parking description:On Street

New listings near 6226 Race St