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$1,999,000
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Property Description
Discover a rare investment opportunity in the heart of University City. This 7,465 sq. ft., 5-unit building (15 beds, 12 full baths, 2 half baths) is only 5 years old and comes fully furnished with ultra-luxury finishes-including quartz counters, stainless steel appliances, white cabinetry, and bamboo hardwood floors. The property has a strong rental history and 25% upside potential. Additional highlights include fire sprinklers, fire alarm monitoring, and camera security system. With 5 years of real estate tax abatement remaining and proximity to UPenn, Drexel, and Market-Frankford Line transit, this is a turn-key, cash-flowing investment.
Full Property Details
Full Property Details for 4059 Baring St
General
- Price: $1,999,000
- Taxes: $1,638 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2535456
- Updated: 12/17/2025
- Added to Site: 131 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Bamboo
Additional Information
- Security/Safety: Exterior Cameras, Security System, Sprinkler System - Indoor
Parking
- Parking Type: On Street, Off Site
Location
- Area: 19104 (19104)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: UNIVERSITY CITY
- Cross Streets: 40Th
- Driving Directions: USE GPS
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Brick Front, Vinyl Siding
- Foundation: Concrete Perimeter
- Entry Floor Number: 1
- Stories/Levels: 3
- Year Built: 2019
- Year Built Source: Estimated
- Property Condition: Excellent, Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,146
- Lot Size Source: Assessor
- Lot Dimensions: 22.00 x 98.00
- Zoning: RSA5
Financial Considerations
- Assessment Year: 2025
- Tax w/Assessment: $1,170,500
- Tax Amount: $1,638
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants Personal Property
- Inclusions: Existing Furniture is AS IS condition
- Lot Number: 159
Listed by Empower Real Estate, LLC, Ashwin Rashatwar
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Schools
Schools serving 4059 Baring St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Locke Alain School 4550 Haverford Avenue, Philadelphia, PA 19139 | K-8 | 0.4 mi |
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4059 Baring St
Date
Details
Price
Change
Source
10/06/2025
Price Reduced
$1,999,000
-11.16%
MLS
9/09/2025
Listed
$2,250,000
21.62%
MLS
2/18/2020
Sold
$1,850,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4059 Baring St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,638
-27%
$1,170,500
630%
2024
$2,244
7%
$160,300
100%
2023
$2,100
-50%
-100%
2022
$4,199
-76%
$300,000
100%
2022
$17,498
1723%
-100%
2020
$960
—
$68,600
—
2019
$960
—
$68,600
—
2018
$960
—
$68,600
—
2017
$960
327%
$68,600
326%
2016
$225
4%
$16,100
—
2015
$216
—
$16,100
—
2014
$216
597%
$16,100
4931%
2013
$31
—
$320
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4059 Baring St
4059 Baring Street, Philadelphia, PA 19104 (MLS# PAPH2535456) is a Apartment property. 4059 Baring Street is currently listed for $1,999,000 and was received on September 09, 2025. Want to learn more about 4059 Baring Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

