REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Michael McCann • KW Empower
$ 1,500,000
Est. payment /mo
New
121-123 CUTHBERT ST Philadelphia, PA 19106
1,679 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Old City
MLS Listing ID PAPH2675940
Year Built 1850
Annual Tax Amount $9,640
Tax Year 2026
Lot Size 1,679 Sqft
Acres 0.04
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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!
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!
Location
State PA
County Philadelphia
Area 19106 (19106)
Zoning CMX3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 052156100/052156200
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS