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$975,000
New Listing

1537 POPLAR STREET
PHILADELPHIA, PA 19130

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
4,080
SqFt
$239
/SqFt
1915
Built
County:
PHILADELPHIA
Call Now: +971-234-5678
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+971-234-5678
1537 POPLAR STREET1537 POPLAR STREET1537 POPLAR STREET1537 POPLAR STREET
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1537 Poplar St. offers six units, full occupancy, and strong income in a convenient location making it a compelling opportunity to grow your investment portfolio. Combine this property with the fully occupied six-unit building next door at 1535 Poplar St. separately offered at 975k The seller prefers to sell both properties together, creating an opportunity to acquire 12 units across two neighboring buildings for a combined asking price of $1,950,000. Together, the package produces $192,276 annually, approximately $16,000 per month in gross rental income. 1537 Poplar generates $96,336 in annual gross rental income and features a mix of 1 & 2 bed units. Each unit has been updated within the last five years, including new air conditioning units, and a 5 year old roof. Most units are leased on 12-month terms, with select apartments on shorter 3-6 month leases. 3 units are furnished, with furniture included in the sale, providing flexibility for a new owner to pursue either leasing approach as existing leases expire. Located in Francisville, close to Fairmount and the Philadelphia Museum of Art, the property combines neighborhood appeal with easy access to the city. Nearby Broad Street Line subway service provides a convenient commute into Center City, while proximity to Temple University, dining, and neighborhood amenities enhances its appeal to renters. These conveniences support leasing appeal and the potential for long-term tenant retention. Updated apartments, established occupancy, and flexible lease durations make this a standout portfolio opportunity or potential replacement property for an investor pursuing a 1031 exchange.

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Listing Snapshot
Price 
$975,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,080 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.04 Acres
Year Built 
1915
MLS® Number 
PAPH2673694
Status 
Active
Property Tax 
$9,448
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
5 hours agoListing first seen on site
5 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.04
Parking 
None
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4080
Water Source 
Public
Zoning 
RM1
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central AirElectric
Heating 
ElectricForced Air
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Community Features
MLS Area 
19130 (19130)
School District 
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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