Philadelphia, PA 19140
INVESTMENT OPPORTUNITY – LEGAL 5-UNIT MULTIFAMILY IN GROWING PHILADELPHIA NEIGHBORHOOD | 7.6% CAP RATE Here’s your chance to own a legal five-unit apartment building in one of Philadelphia’s rapidly growing neighborhoods. Ideally situated near Route 1 and Broad Street, this property offers unbeatable convenience and strong rental demand. The building consists of: (3) One-bedroom units (2) Studio units Three of the five units have been recently renovated, and the entire property is in solid, well-maintained condition. With conservative rents projected (see attached pro forma), this investment offers a starting cap rate of 7.6%—and potential for increased returns with further updates or market rent adjustments. Highlights: Prime commuter location near major arteries Legal 5-unit building Renovations already completed in majority of units Strong cap rate in a developing market Whether you’re looking to expand your portfolio or enter the multifamily market, this property checks all the boxes: location, cash flow, and upside potential.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Re/Max One Realty
Agency Phone: 2159538800
Shown By
Agent Name: Joyce Rowlands
Agent Phone: (570) 578-2065
Agency Title: Lewith & Freeman
AGENT INFORMATION
Lewith & Freeman Joyce Rowlands (570) 578-2065
Estimate Your Payment
Estimated Payment
$ 2,327.50 per month $1,850.15 Principal & Interest $382.58 Property Tax $94.76 Homeowner's InsuranceChange Payment Information
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| MLS# PAPH2674262
This multi-family property located at , Philadelphia, PA 19140 is currently listed for sale with an asking price of $324,900. is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on joycerowlands.lewith-freeman.com today.