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Listing PAPH2674170 , Philadelphia, PA 19140
$324,900
Est. Payment: $1,755.17/mo
2575 Sqft
0.03 Acres
Status: active | Days on site: 36
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House Description

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.

Highlights

Listed by Edward J. McDonald Jr. , 2154429388 Re/Max One Realty , 2159538800. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.03

Year Built

1940

County

Philadelphia

Area

19140 (19140)

School District

The School District Of Philadelphia

Listing ID

PAPH2674170

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Interior Features

Floor:Luxury Vinyl Plank
Water:Public

Exterior Features

Lot:Corner,Not New Construction,Horse Property: No
Zoning:CMX2
Roof:Flat
Others:
  • ▪ Additional:Average
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,755
Taxes
$383

Home Price

$324,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$64,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,755.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,755.17 $382.58 $0.00 $2,137.75
Yearly $21,061.99 $4,591.00 $0.00 $25,652.99
Total $631,859.77 $137,730.00 $0.00 $769,589.77
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS