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1945 W Hunting Park Avenue Philadelphia, PA $ 324,900
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$ 324,900 Get more info
1945 W Hunting Park Avenue
$ 324,900
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1945 W Hunting Park Avenue

Philadelphia, PA, 19140
$ 324,900
Bedrooms-- Baths-- Sq 2,575

Monthly Estimate*

$ 2,027

1945 W Hunting Park Avenue, Philadelphia, PA 19140 - Image 1
1945 W Hunting Park Avenue, Philadelphia, PA 19140 - Image 2
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Commercial Property for sale in Philadelphia, PA

for $324,900. This 2,575 square foot building was built in 1940 on a lot size of 0.03.

INVESTMENT OPPORTUNITY LEGAL 5-UNIT MULTIFAMILY IN GROWING PHILADELPHIA NEIGHBORHOOD | 7.6% CAP RATE Heres your chance to own a legal five-unit apartment building in one of Philadelphias 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 youre looking to expand your portfolio or enter the multifamily market, this property checks all the boxes: location, cash flow, and upside potential.

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Commercial Active

Price

$ 324,900

Property Type

Commercial

Taxes

$ 4,591

Style

Apartment Building

Lot Size

0.03

Year Built

1940

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2528390
Features
Interior
Heating Fuel Natural Gas Electric
Flooring Luxury Vinyl Plank
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Immediate
Roof Flat
Zoning CMX2
Construction Materials Masonry
Year Built 1940
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 31150.00
Insurance Expense 3120.00
New Construction N
Property Type Commercial Sale
MaintenanceExpense 5460.00
Possible Use Apartment Building Apartments
Water Access Y/N N
Status ACTIVE
Directions Hunting park ave South from 18th st
City PHILADELPHIA
Number Of Units Total 5
MLS Area 19140 (19140)
Lot Size Units Square Feet
Lot Size Square Feet 1172.00
Tax Annual Amount 4591.0
Property Condition Average
Trash Expense 600.00
Price Per Sq Ft Total AG 126.17
Association Fee 0.00
Historic Y/N N
Vacation Rental Y/N N
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Estimated
Tax Lot 162
Total Actual Rent 52140.00
Cap Rate 7.60
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Exterior
Lot Features Corner
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 2575.00
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 98400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1945
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* Excluded Features
List By
Re/Max One Realty

Broker

ed@hartsvillerealty.com

Email

Affordability Calculator

$2,410
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,027
Monthly Property Taxes
$383
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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/22/2025$324,900 -6.91% Price Down
9/30/2025$349,000 Listed Price

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1945 W Hunting Park Avenue, Philadelphia, PA, 19140 is a Commercial Property for sale at $324,900 with 2,575 sqft and a lot size of 0.03. 1945 W Hunting Park Avenue was built in 1940. The property's zip code is 19140 which is in Philadelphia, PA

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