19 Units West & Southwest Philadelphia Multi-Family FOR SALE


Philadelphia, PA - Wynnefield
$2,823,000 USD
561-945-2346
, Philadelphia, PA for Sale
$2,823,000 USD
Multi-Family - FOR SALE
1/14
null | 5.78% Cap Rate

19 Units West & Southwest Philadelphia
Philadelphia, PA
Wynnefield


OVERVIEW

**19+ Existing Residential / Commercial Units * **5410 Springfield Avenue** — **$680,000** * 5-unit multifamily * Gross: **$71,940/yr** * NOI: **$58,068** * Cap: **8.54%** * **1604 S. 56th Street** — **$343,000** * Duplex * Gross: **$31,800/yr** * NOI: **$24,925** * Cap: **7.27%** * **1258 N. 64th Street** — **$550,000** * 4-unit multifamily * Gross: **$49,200/yr** * NOI: **$38,573** * Cap: **7.01%** * **5260 W. Jefferson Street** — **$225,000** * Duplex * Fully vacant * Projected stabilized gross: **$53,040/yr** * Second unit needs approximately **$20K–$25K** renovation * **5718 Chester Avenue** — **$390,000** * Mixed-use * 2 apartments + 1 commercial unit * 1 residential vacancy * Current NOI: **$14,736** * Current cap: **3.78%** * **5627 Chester Avenue** — **$385,000** * Mixed-use / office * 1 apartment + 5 office suites * Office suites currently vacant * Current NOI: **$14,573** * Current cap: **3.79%** * **6414 Vine Street** — **$145,000** * Single-family rental * Gross: **$15,600/yr** * NOI: **$12,370** * Cap: **8.53%**

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Christopher ArmasCapital Commercial Real Estate GroupMore Info
561-945-2346

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Christopher ArmasCapital Commercial Real Estate GroupMore Info
561-945-2346

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