INVESTMENT OPPORTUNITY – LEGAL 5-UNIT MULTIFAMILY IN GROWING PHILADELPHIA NEIGHBORHOOD | 7.6% CAP RATE
Here’s your chance to own a legal five-unit apartment building in one of Philadelphia’s rapidly growing neighborhoods. Ideally situated near Route 1 and Broad Street, this property offers unbeatable convenience and strong rental demand.
The building consists of:
(3) One-bedroom units
(2) Studio units
Three of the five units have been recently renovated, and the entire property is in solid, well-maintained condition. With conservative rents projected (see attached pro forma), this investment offers a starting cap rate of 7.6%—and potential for increased returns with further updates or market rent adjustments.
Highlights:
Prime commuter location near major arteries
Legal 5-unit building
Renovations already completed in majority of units
Strong cap rate in a developing market
Whether you’re looking to expand your portfolio or enter the multifamily market, this property checks all the boxes: location, cash flow, and upside potential.
The income description goes here to explain
| List Price | $324,900 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1940 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 881427225 |
| MLS # | PAPH2528390 |
| Property ID | 322218105 |
| Lot Sqft | 1,172 |
| Zoning | CMX2 |
| Total Units | 5 |
| Days on Market | 138 |
| Original List Price | Unknown |
| Date Updated | October 22, 2025 |
| Date Created | September 29, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $52,140 | $0 |
| Net Income (Yr) | $ 31,150 |
| Cap Rate | 7.60% |
Edward J. McDonald Jr. an agent of . Lic #RS195849L
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT