Commercial: MLS #PAPH2674170 Philadelphia, PA $ 324,900
Commercial: MLS #PAPH2674170
$ 324,900
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Commercial: MLS #PAPH2674170

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

Monthly Estimate*

$ 2,244

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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

PAPH2674170

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
New Construction N
Property Type Commercial Sale
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
Price Per Sq Ft Total AG 126.17
Historic Y/N N
Vacation Rental Y/N N
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Estimated
Tax Lot 162
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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

$2,627
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,244
Monthly Property Taxes
$383
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
9/26/2026$324,900 Listed Price

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