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1945 W Hunting Park Ave, Philadelphia, PA, 19140

3beds
5baths
2,575sqft
$324,900
$126price/sqft
$2,556/moest. monthly cost
$102,240/yrincome needed

About This Home

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.

Getting Around

80
WalkingVery Walkable
78
TransitExcellent Transit
56
BikeBikeable

Schools

3/10
Steel Edward SchoolGrades PK-80.4 mi

Construction

Condition

  • Property condition: Average
  • Year built: 1940

Materials

  • Foundation: Stone
  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 5

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 2,575
  • Total interior livable area: 2,575 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 881427225
  • Zoning: CMX2
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 1,172 sqft
  • Features: Corner Lot/Unit

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes