274 S 58th Street
Philadelphia, PA 19139
- – beds
- – baths
- 7,770 sqft
- 3,827 sqft lot
- $160 per sqft
- 1925 build
Welcome to 274-276 St in bustling Cobbs Creek! This fully renovated 6-unit apartment building offers an exceptional investment opportunity in the thriving Cobbs Creek neighborhood. Built in 1925 and renovated in 2021, the property features six modern two-bedroom apartments, each designed with comfortable layouts and contemporary finishes that are sure to attract renters seeking stylish and functional living spaces. Adding laundry facilities, whether in-unit or coin-operated in the basement, provides a clear opportunity to further enhance tenant satisfaction and increase rental income. Additionally, the property is located just four blocks from SEPTA’s Market-Frankford Line, offering convenient access to the rest of Philadelphia. This property is situated in an area experiencing increased demand, with growing interest from renters seeking a vibrant community. Investors will benefit from the property’s prime location near local shops, parks, and amenities, making it an appealing choice for tenants and ensuring long-term investment security. Furthermore, the property is an excellent candidate for PHA/Section 8 vouchers. Please complete your independent due diligence around this. With its modern features, strong rental market, and long-term equity growth potential, this property is a valuable addition to any investor’s portfolio. Don't miss the chance to capitalize on this opportunity in the heart of West Philly!
Last checked:
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Last updated Mar 18, 2025
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MLS# PAPH2458730 —
The Building
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Year Built:1925
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:4
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Other
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:7770
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:7770
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Living Area SqFt:7,770 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:Head west on Market St toward S 34th St  0.4 mi Turn left onto S 38th St/S University Ave  0.2 mi Turn right onto Walnut St  Pass by McDonald's (on the right in 0.2 mi)  2.0 mi Turn left onto S 57th St  0.2 mi Turn right at the 2nd cross street onto Spruce St  0.1 mi Turn right onto S 58th St  Destination will be on the left
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Latitude:39.95663452
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Longitude:-75.23807526
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.09
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Lot Size Source:Assessor
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Lot Size Dimensions:49.00 x 78.00
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Lot Dimensions Source:Assessor
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Lot SqFt:3,827 Sqft
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:CA0
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 936-9386
- Office phone:
- (610) 520-0100
Taxes
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Tax ID Number:881428320
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Tax Year:2024
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Tax Lot:23S8
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Tax Annual Amount:$6,964
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Tax Assessed Value:$497,500
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Year Assessed:2025
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School Tax:3899.0
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City/Town Tax:3064.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Other
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Other
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Cobbs Creek
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
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Vacation Rental:No
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Two Bedroom Units:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/18/25
Mar 18, 2025
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Listed / Active | BRIGHT | $1,250,000 |