1014 E Moyamensing Ave - Apartments FOR SALE


Philadelphia, PA 19147- Queen Village-Pennsport
$1,800,000 USD
267-439-6926
1014 E Moyamensing Ave, Philadelphia, PA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/26
null | 6.3% Cap Rate

1014 E Moyamensing Ave
Philadelphia, PA 19147
Queen Village-Pennsport


HIGHLIGHTS

  • Fully leased 5-unit newer construction building in the heart of Queen Village.
  • Strong six-figure annual rental income with room for rent growth.
  • Modern finishes throughout, including hardwood floors, wine storage, and spacious closets.
  • Outdoor spaces for residents, including private balconies, backyards, and two large shared roof decks.
  • Prime location with easy access to I-95, grocery stores, and top Philly dining spots like Angelo’s and Royal Sushi & Izakaya.

OVERVIEW

Located on a picturesque, tree-lined block in the heart of Queen Village, 1014 E Moyamensing Avenue presents an exceptional investment opportunity in one of Philadelphia’s most desirable rental markets. This 4,700 SF, newer-construction brick and masonry building offers five thoughtfully designed apartment residences, each featuring hardwood floors, spacious closets, wine storage, and contemporary finishes. Select units enjoy private backyards or balconies, while all residents have access to two expansive common roof decks with striking neighborhood views. The property is fully leased and generates strong six-figure annual rental income, with three units currently below market — providing immediate upside for new ownership. A remaining tax abatement and individually deeded condominium units add long-term flexibility and potential for future resale. Leasing is effortless thanks to consistent demand and high tenant interest, ensuring minimal vacancy. This professionally managed asset is within walking distance to some of the neighborhood’s most acclaimed dining spots, and just a short drive to Giant Heirloom Market, Target, HomeGoods, and IKEA. Its location offers the perfect balance of residential charm and urban convenience, with easy access to major transportation routes. Contact us today to learn more or schedule your private tour of this turnkey Queen Village investment property!

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$360 USD /SF

# OF UNITS

3

PRICE/UNIT

$600,000

CAP RATE

6.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2015

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RSA-5

APN/PARCEL ID

888022770,888022772

ASK ABOUT THIS PROPERTY

Billy CreaghNational Realty CommercialMore Info
267-439-6926

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Billy CreaghNational Realty CommercialMore Info
267-439-6926

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.