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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.
| DAYS ON MARKET | 9 | LAST UPDATED | 9/30/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | 19140 (19140) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| AREA | 19140 (19140) |
| HEAT | Baseboard, Electric, Natural Gas |
| LOT | 1307 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 4591 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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