For Sale Multi-Family MLS# PAPH2675940

121-123 CUTHBERT ST

PHILADELPHIA, PA 19106

$1,500,000

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About 121-123 CUTHBERT ST

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!

Property details

Property

Type
Five or more units
MLS type
Multi Family Home
Status
Active
Year built
1850
Lot
0.04
Original price
$1,500,000
MLS #
PAPH2675940

Interior

Features
Central A/C, true, Forced Air, Natural Gas
Heating
true, Forced Air
Cooling
Central A/C

Exterior & lot

Construction
Masonry, Other
Foundation
Other
Lot
CMX3, 052156100/052156200

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$9,640
Tax year
2026
Parcel
052156100/052156200

Location

Subdivision
OLD CITY
Area
19106 (19106)
County
PHILADELPHIA-PA
Neighborhood
Old City
Community
PHILADELPHIA-PA, BRIGHT_MAIN, THE SCHOOL DISTRICT OF PHILADELPHIA
Directions
Between N Front St & N 2nd St on Cuthbert St. Entrance to 121 Cuthbert St is on N Mascher St.

Location

Neighborhood
Old City
Subdivision
OLD CITY
School district
Philadelphia City School District

Ask about this property

Questions on 121-123 CUTHBERT ST, PHILADELPHIA, PA 19106, or want to see it in person?

Listed by Michael R. McCann, KW Empower

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.