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Outstanding Investment Opportunity with a current cap rate of 6.7% - 5-Unit Apartment Building located in Graduate Hospital. This is a neighborhood where buildings of this size in shell condition go for over $600,00 and you can buy a turn key investment opportunity for $750,000. This is a building has a stable tenant base with long-term residents, ensuring a consistent and dependable rental income stream, while also offering potential for increased value through higher rents. The currently rents are below market, current gross income is $65,340 all tenants pay on time every month like clockwork and all utilities are separated expect cold water . Situated on a desirable Christian Street near restaurants, parks, and public transportation, the property provides exceptional walkability and convenience for tenants. A superb asset for any investment portfolio, this building offers immediate income as well as strong potential for future appreciation. Graduate Hospital neighborhood ratings: "¢ Walk Score: 95 (Walker's Paradise - daily errands can be accomplished without a car) "¢ Transit Score: 85 (Excellent Transit - public transportation is convenient for most trips) "¢ Bike Score: 94 (Biker's Paradise - daily errands can be easily completed on a bike) These impressive scores make the area highly attractive to both renters and investors
| DAYS ON MARKET | 5 | LAST UPDATED | 7/7/2025 |
|---|---|---|---|
| TRACT | GRADUATE HOSPITAL | YEAR BUILT | 1900 |
| COMMUNITY | 19146 (19146) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Wall Unit(s), Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19146 (19146) |
| HEAT | Natural Gas, Radiant |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 15.00 x 74.00 |
| PARKING | None |
| SEWER | Public Sewer |
| SUBDIVISION | GRADUATE HOSPITAL |
| TAXES | 6383 |
| VIEW | Yes |
| VIEW DESCRIPTION | Street |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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