5047 Baltimore Ave - Multi-Family FOR SALE


Philadelphia, PA 19143- Cobbs Creek
$1,100,000 USD
267-243-4652
5047 Baltimore Ave, Philadelphia, PA for Sale
$1,100,000 USD
Multi-Family - FOR SALE
1/22
null | 5.89% Cap Rate

5047 Baltimore Ave
Philadelphia, PA 19143
Cobbs Creek


HIGHLIGHTS

  • Fully Stabilized Mixed-Use Asset with Retail + Residential Income
  • Recently Developed (2022) with Modern Construction & Finishes
  • Turnkey, Cash-Flowing Investment with Strong In-Place Income
  • High-Demand Unit Mix with 2 Bed & 3 Bed Layouts + Private Patio
  • Located Minutes from Drexel University & University City Expansion
  • Proximity to Penn Presbyterian, CHOP & Hospital of the University of Pennsylvania Driving Tenant Demand

OVERVIEW

Philly CRE Advisors proudly presents 5047 Baltimore Ave, a 2022 new construction mixed-use asset located in the rapidly expanding University City corridor of West Philadelphia. This turnkey investment features all major systems, mechanicals, and finishes in like-new condition, minimizing capital expenditure and providing immediate cash flow with strong upside potential. The property consists of one ground-floor commercial space leased at $1,250/month and three residential units, including a bi-level 2-bed / 2-bath with a private patio, a massive tri-level 3-bed / 2-bath, and a large bi-level 3-bed / 2-bath. The unit mix offers oversized layouts that consistently outperform typical rental products in the area and attract strong tenant demand. Current rents are below market for comparable new construction assets, presenting a clear value-add opportunity. Even conservative pro forma projections remain below neighborhood rental comps, allowing investors to increase revenue while maintaining competitive pricing. The combination of larger unit sizes, modern layouts, and strong location fundamentals positions this asset for continued rent growth and long-term appreciation. Each unit features modern finishes, including stainless steel appliances, granite countertops, an in-unit washer/dryer, recessed lighting, and excellent natural light throughout. Strategically located near Drexel University, University of Pennsylvania, CHOP, and HUP, the property benefits from one of the strongest and most consistent rental demand drivers in Philadelphia. Continued institutional investment and redevelopment throughout University City further support long-term equity growth. A rare opportunity to acquire a stabilized, low-maintenance asset with immediate cash flow and significant upside in one of Philadelphia’s most dynamic submarkets.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

4

PRICE/UNIT

$275,000

CAP RATE

5.89%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5047 Baltimore Avenue

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

871403280

ASK ABOUT THIS PROPERTY

Eric DvotskyBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
267-243-4652

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Eric DvotskyBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
267-243-4652

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