90 E Johnson St - Apartments FOR SALE


Philadelphia, PA 19144- East Germantown
$1,200,000 USD
215-608-3734
90 E Johnson St, Philadelphia, PA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/20
null | 6.95% Cap Rate

90 E Johnson St
Philadelphia, PA 19144
East Germantown


OVERVIEW

Trophy Commercial Real Estate is pleased to present 90 East Johnson Street, a fully stabilized 7-unit multifamily property in Germantown. The building features a mix of 1-bedroom and 3-bedroom units with efficient layouts and durable finishes. In addition to consistent in-place income, the property sits on an oversized 11,309 SF lot that offers potential for subdivision and new construction of an additional single-family home or duplex (buyer to verify). With minimal capital needs, strong tenant demand, and long-term upside through land value, this is a compelling opportunity in one of Philadelphia’s most active submarkets. With in-place monthly income of $9,344 and minimal operating expenses, the asset delivers a CAP rate of 6.95% and projected Year 1 return of 8.53%. The current ownership has maintained high occupancy and minimal turnover, positioning the asset as a plug-and-play opportunity for both private and institutional investors. Importantly, the property features no immediate capital needs, preserving investor yield and eliminating operational friction. Located within walking distance of SEPTA transit, Germantown Avenue retail, and other lifestyle amenities, the site benefits from excellent connectivity and neighborhood demand drivers. Trophy Commercial has been engaged to market the asset for sale and identify qualified buyers on behalf of ownership. We welcome inquiries from investors seeking stabilized, cash-flowing real estate in one of Philadelphia’s most dynamic rental corridors. The same ownership group also is selling 13 units at 140-44 and 150 W Washington Ave, located down the street and around the corner.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$163 USD /SF

# OF UNITS

7

PRICE/UNIT

$171,429

CAP RATE

6.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

RSA3

APN/PARCEL ID

881212670

ASK ABOUT THIS PROPERTY

Saam TashayyodTrophy Commercial Real EstateMore Info
215-608-3734

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Saam TashayyodTrophy Commercial Real EstateMore Info
215-608-3734

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