Five Property (34 Unit) Apartment Portfolio
Philadelphia, PA, 19144 $ 5,925,000
Bedrooms-- Baths-- Sq 34,976 Monthly Estimate*
$ 36,964
for $5,925,000. This 34,976 square foot building was built on a lot size of 0.29.
Superb turn-key commercial investment package. Includes five(5) fully occupied, income- generating apartment buildings (34 total units) in excellent locations. 23 units in red-hot Germantown. 6 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings-some with remaining tax abatements Solid Cap Rates! Each of the apartment buildings and every unit is fully turnkey, and in excellent condition fully separated gas and electric All units legally zoned with active rental licenses corresponding to exact number of units include in-unit dishwasher and washer/dryer (every unit!) new or newer stainless-steel appliances in every unit granite countertops Some units with nice outdoor space as well Each unit has reasonable rents for its desirable location and pristine conditionexactly what tenants are looking for. These units are always easy to rent. The current owner values both quality tenants and no vacancies. Most leases run into mid-2026. All buildings well-cared for and maintained-with a striking pride of ownership! Details on the portfolio and all package combinations include--Superb turn-key commercial investment package. Includes 5 fully occupied, income-generating apartment buildings (34 total units) in excellent locations. 23 units in red-hot Germantown. 6 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings, some with remaining tax abatements Proper Zoning and Active Rental Licenses for every unit Solid Cap Rates! Each apartment building is fully turnkey, and in excellent condition Fully separated gas and electric All units include in-unit dishwasher and washer/dryer New or newer stainless-steel appliances & granite countertops in all units Some units with nice outdoor space as well Each unit has reasonable rents for its desirable location and pristine conditionexactly what tenants are looking for. Always easy to rent The current owner values both quality tenants and no vacancies. All leases run into mid-2026. All buildings well-cared for and maintained with a striking pride of ownership. The 5-building breakdown is as follows: 4529 Pulaski (14 units2022 ground-up new construction--Tax Abatement thru 2031)$2,275,000 4637 Germantown (9 units2024 ground up new construction-Tax Abatement thru 2035)$1,525,000 These two buildings are a few blocks apart and are also available as a solid 23-unit mini package at $3,800,000. Superb location in burgeoning Wayne Junction-walkable to Attic Brewing, Deke's etc. Transit hub and Right off the Roosevelt Extension (US1) 1148 & 1150 S 15th (6 units being sold together or as two separate triplexes; both 2014 new construction)$1,400,000 (or $700,000 each) A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more. Easy walk to East Passyunk, Italian Market, and Center City 5027 Spruce Street (5 units2017 ground up new constructionTax abatement thru 2026)$825,000. Lovely University City block. Walk to tons of restaurants and shops; Penn, HUP, CHOP, and Drexel; great SEPTA access. Excellent numbersthe entire package offers a 7.66% cap rate. OFFERING MEMORANDUM available upon request. Includes individual building rents, terms, expenses, NOIs, cap rates, and other information. Two additional Development Opportunities are also available for purchase: 5037 WissahickonZoning approval for 18 residential units and one commercial space$475,000 4633 GermantownVacant lot with potential to also acquire city owned corner lot next door and build a 9-unit building by right$27,500. The city-owned lot is 4635 Germantown SEE OFFERING MEMORANDUM FOR BED/BATH BREAKDOWN AND FINANCIALS.
See more
FeaturesInteriorHeating Fuel Electric Natural Gas
Hot Water Natural Gas Electric
Heating Y/N Y
Central Air Y/N Y
See more
GeneralSewer Public Sewer
Heating Forced Air Heat Pump(s)
Cooling Central A/C
Possession Negotiable
Zoning RTA1
Construction Materials Brick Mixed
Exclusions Tenants' property
Year Built 9999
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 616260.00
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 493847.00
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Apartments Commercial
Water Access Y/N N
Status PENDING
Directions 5 Building Package (34 Units). In Germantown (Wayne Junction) University and South Philly (Newbold). See Remarks for exact locations.
City PHILADELPHIA
Disclosures None
Number Of Units Total 37
MLS Area 19144 (19144)
Lot Size Units Square Feet
Lot Size Square Feet 12835.00
Tax Annual Amount 36047.0
Price Per Sq Ft Total AG 179.06
Vacation Rental Y/N N
Standard Status Pending
Year Built Source Estimated
Tax Lot 60
Total Actual Rent 616260.00
Cap Rate 6.92
See more
ExteriorLot Features Corner Interior
Water Source Public
Inclusions All appliances and other other fixtures.
Type of Parking On Street
Water View Y/N N
Building Area Total 33090.00
Lot Size Acres 0.29
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList ByCompass Pennsylvania, LlcBroker
jeff@jeffcityblock.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $36,964
- Monthly Property Taxes
- $3,004
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Philadelphia, PA
Average List Price $1,088,185
Percent of Sale Price 82%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/29/2025 | $5,925,000 | -16.96% | Price Down |
| 8/27/2025 | $7,135,000 | | Listed Price |