2412 Innovator Way | Philadelphia, PA 19146
4-Unit Luxury Multifamily | New Construction | 7% CAP | 4-Car Parking | Fully Stabilized
Exceptional opportunity to acquire a newly built 4-unit luxury multifamily asset in one of Philadelphia’s fastest-growing submarkets. Each unit is a large 3-bedroom layout with premium finishes, private parking, and modern design—ideal for professional tenants seeking high-end living near Center City.
Total Rent Roll: $180,600 / yr (includes parking & utility reimbursements)
Annual Expenses: ± $19,000
Net Operating Income: ± $161,600
Asking Price: $2,300,000
Cap Rate: ~7.0%
This turnkey investment offers immediate cash flow, low maintenance exposure, and strong appreciation potential within the 19146 corridor. With all units leased and stabilized, investors benefit from predictable income and premium build quality in a supply-constrained rental market.
Highlights:
Four (4) 3-Bedroom Units | Avg Size: 1,500 SF+
Four (4) Garage Parking Spaces
Modern Kitchens | Roof Deck | Bi-Level Floorplans
Delivered 2023 | Condo-Quality Construction
Prime Location – minutes to University City, Rittenhouse, and major transit
Offered at $2.3M | 7% Cap | Fully Stabilized Asset
Inquire within for rent roll, lease abstracts, and financials.