5911 Greene St - Apartments FOR SALE


Philadelphia, PA 19144- Germantown
$675,000 USD
610-792-5900
5911 Greene St, Philadelphia, PA for Sale
$675,000 USD
Apartments - FOR SALE
1/51
null | 7.23% Cap Rate

5911 Greene St
Philadelphia, PA 19144
Germantown


HIGHLIGHTS

  • Legal 4-Unit Multifamily + 3 Garage Bays
  • Projected Gross Rent: ~$6,000/Month (incl. garages)
  • One Residential Unit & One Garage Bay Vacant – Owner-Occupant Ready

OVERVIEW

Sale Notes – 5911 Greene Street, Philadelphia, PA 19144 Exceptional opportunity to acquire a legal 4-unit multifamily property with 3 garage bays in Philadelphia’s rapidly growing West Germantown neighborhood. With projected gross income of approximately $6,000/month at full occupancy—including rental income from the garage bays—this asset offers strong current and future cash flow. One residential unit and one garage bay are currently vacant, creating an ideal setup for an owner-occupant to live in the property while generating rental income from the other three units and two leased garage spaces. Alternatively, investors can fill the vacant unit and garage bay to bring the building to full cash-producing potential. All four units are 1 bed, 1 bath with varied, flexible layouts; some may support conversion to 2-bedroom units for additional upside. The property has been consistently maintained by the current owner and has no deferred maintenance. Located just steps from Germantown Avenue—one of Philadelphia’s strongest commercial corridors—5911 Greene sits in the path of continued growth and development flowing from Mt. Airy and East Falls. Public transit access is excellent via the Chestnut Hill West regional rail line and multiple bus routes. Tenants are also minutes from Wissahickon Valley Park, shops, cafés, and neighborhood staples like Ultimo Coffee and A&N Produce. This is a rare chance to acquire a turnkey legal 4-unit in a high-demand rental pocket, with strong fundamentals, appreciating neighborhood trends, and multiple paths to value. Ideal for investors seeking cash flow and appreciation, or owner-occupants looking to house-hack in one of Northwest Philadelphia’s most dynamic communities.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

4

PRICE/UNIT

$168,750

CAP RATE

7.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5911 Greene Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

RSA3

APN/PARCEL ID

593164800

ASK ABOUT THIS PROPERTY

Eric FeinbergKeller Williams Realty GroupMore Info
610-792-5900

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Eric FeinbergKeller Williams Realty GroupMore Info
610-792-5900

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