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$324,900

  • For Sale
  • Active
  • Townhouse
  • 2,575 Sq. Ft.
  • Updated 10 days ago
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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.

Full Property Details for MLS# PAPH2674262

General

  • Price: $324,900
  • Taxes: $4,591 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2674262
  • Updated: 9/25/2026
  • Added to Site: 11 day(s) ago

Parking

  • Parking Type: On Street

Location

  • Area: 19140 (19140)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Cross Streets: Donath
  • Driving Directions: Hunting park ave West from 28th st
  • Location Details: Corner Lot/Unit

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: End of Row/Townhouse
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Stone
  • Roof: Flat
  • Square Feet: 2,575
  • Sq. Ft. Source: Estimated
  • Living Area: 2,575 Sq. Ft.
  • Finished Above Grnd: 2,575 Sq. Ft.
  • Year Built: 1940
  • Year Built Source: Estimated
  • Property Condition: Average

Unit Information

  • Other Units: Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,172
  • Lot Size Source: Estimated
  • Zoning: CMX2

Financial Considerations

  • Price Per Sq. Ft.: $126.17
  • Assessment Year: 2025
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $328,000
  • Tax Amount: $4,591
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 162

Listed by Re/Max One Realty, Edward J. McDonald Jr.

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Listing agent

— MLS# PAPH2674262 —

  • Edward J. McDonald Jr.

    Re/Max One Realty

Listing Office Email: remaxeastern@gmail.com

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NMLS#: 1598647

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NMLS#: 1598647

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Price & Sales History for MLS# PAPH2674262 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2026
Listed
$324,900
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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MLS# PAPH2674262, Philadelphia, PA 19140 (MLS# PAPH2674262) is a Townhouse property with 0 bedrooms and 0 full bathrooms. MLS# PAPH2674262 is currently listed for $324,900 and was received on September 25, 2026. Want to learn more about MLS# PAPH2674262? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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