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About This Home
This 0-bedroom, 0-bathroom other at 1945 W HUNTING PARK Avenue in PHILADELPHIA, PA is listed for $324,900. Built in 1940, on a 0.03 acres lot.
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.
Key Features
- Built in 1940
- 0.03 acre lot
- 5 parking spaces
Property Details
Monthly Cost Estimate
$1,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1945 W HUNTING PARK Avenue
PHILADELPHIA, PA 19140
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom other at 1945 W HUNTING PARK Avenue is listed at $324,900. The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.03 acre lot, 5 parking spaces.
This property is listed by Edward J. McDonald Jr. and can be reached at 2154429388 or ed@hartsvillerealty.com.
