2209 W Tioga St - Apartments FOR SALE


Philadelphia, PA 19140- Tioga-Nicetown
$375,000 USD
631-741-4138
2209 W Tioga St, Philadelphia, PA for Sale
$375,000 USD
Apartments - FOR SALE
1/15
null | 8.78% Cap Rate

2209 W Tioga St
Philadelphia, PA 19140
Tioga-Nicetown


OVERVIEW

2209 W Tioga Street is a five-unit multifamily investment opportunity in a neighborhood seeing continued redevelopment and growth. The property consists of four 1-bedroom units and one 2-bedroom unit, with separate gas meters, electric panels, hot water heaters, and individual air handlers for each unit. The building is currently cash flowing, with one unit vacant and undergoing renovations, providing an opportunity to establish market rent. With modest upgrades, the remaining units offer clear potential to increase rents and improve overall returns. Conveniently located between the Temple Hospital corridor along North Broad Street and the redevelopment surrounding the Budd facility, with a beautiful park just down the street. A solid value-add opportunity for investors seeking both income and upside.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$88 USD /SF

# OF UNITS

5

PRICE/UNIT

$75,000

CAP RATE

8.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,257 SF

ZONING

RSA3

APN/PARCEL ID

112105200

ASK ABOUT THIS PROPERTY

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631-741-4138

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631-741-4138

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