Address Withheld By Seller, Philadelphia, PA 19140
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
Address Withheld By Seller,Philadelphia, PA 19140
$324,900
- 3 Beds
- - Baths
- 2,575 sq. ft.
- Multi-family
- Active
Listed by: edward j. mcdonald jr.
Office: re/max one realty
MLS#:PAPH2674262
Source:BRIGHTMLS
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Price summary
- Price:$324,900
- Price per sq. ft.:$126.17
About this home
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....
Contact an agent
Home facts
- Year built:1940
- Listing ID #:PAPH2674262
- Added:2 day(s) ago
- Updated:September 28, 2026 at 01:56 PM
Rooms and interior
- Bedrooms:3
- Basement:Yes
- Basement Description:Full
- Living area:2,575 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Roof:Flat
- Year built:1940
- Building area:2,575 sq. ft.
- Lot area:0.03 Acres
- Lot Features:Corner Lot/Unit
- Construction Materials:Brick
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$324,900
- Price per sq. ft.:$126.17
- Tax amount:$4,591 (2025)
Parking
- Parking description:On Street
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