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19 Units West & Southwest Philadelphia 7 Multifamily Properties Offered at $2,823,000 in Philadelphia, PA
Executive Summary
**19+ Existing Residential / Commercial Units
* **5410 Springfield Avenue** — **$680,000**
* 5-unit multifamily
* Gross: **$71,940/yr**
* NOI: **$58,068**
* Cap: **8.54%**
* **1604 S. 56th Street** — **$343,000**
* Duplex
* Gross: **$31,800/yr**
* NOI: **$24,925**
* Cap: **7.27%**
* **1258 N. 64th Street** — **$550,000**
* 4-unit multifamily
* Gross: **$49,200/yr**
* NOI: **$38,573**
* Cap: **7.01%**
* **5260 W. Jefferson Street** — **$225,000**
* Duplex
* Fully vacant
* Projected stabilized gross: **$53,040/yr**
* Second unit needs approximately **$20K–$25K** renovation
* **5718 Chester Avenue** — **$390,000**
* Mixed-use
* 2 apartments + 1 commercial unit
* 1 residential vacancy
* Current NOI: **$14,736**
* Current cap: **3.78%**
* **5627 Chester Avenue** — **$385,000**
* Mixed-use / office
* 1 apartment + 5 office suites
* Office suites currently vacant
* Current NOI: **$14,573**
* Current cap: **3.79%**
* **6414 Vine Street** — **$145,000**
* Single-family rental
* Gross: **$15,600/yr**
* NOI: **$12,370**
* Cap: **8.53%**
* **5410 Springfield Avenue** — **$680,000**
* 5-unit multifamily
* Gross: **$71,940/yr**
* NOI: **$58,068**
* Cap: **8.54%**
* **1604 S. 56th Street** — **$343,000**
* Duplex
* Gross: **$31,800/yr**
* NOI: **$24,925**
* Cap: **7.27%**
* **1258 N. 64th Street** — **$550,000**
* 4-unit multifamily
* Gross: **$49,200/yr**
* NOI: **$38,573**
* Cap: **7.01%**
* **5260 W. Jefferson Street** — **$225,000**
* Duplex
* Fully vacant
* Projected stabilized gross: **$53,040/yr**
* Second unit needs approximately **$20K–$25K** renovation
* **5718 Chester Avenue** — **$390,000**
* Mixed-use
* 2 apartments + 1 commercial unit
* 1 residential vacancy
* Current NOI: **$14,736**
* Current cap: **3.78%**
* **5627 Chester Avenue** — **$385,000**
* Mixed-use / office
* 1 apartment + 5 office suites
* Office suites currently vacant
* Current NOI: **$14,573**
* Current cap: **3.79%**
* **6414 Vine Street** — **$145,000**
* Single-family rental
* Gross: **$15,600/yr**
* NOI: **$12,370**
* Cap: **8.53%**
Property Facts
| Price | $2,823,000 | Number of Properties | 7 |
| Price / SF | $192.32 / SF | Individually For Sale | 1 |
| Cap Rate | 5.78% | Total Building Size | 14,679 SF |
| Sale Type | Investment | Total Land Area | 0.27 AC |
| Status | Active |
| Price | $2,823,000 |
| Price / SF | $192.32 / SF |
| Cap Rate | 5.78% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 1 |
| Total Building Size | 14,679 SF |
| Total Land Area | 0.27 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5260 W Jefferson St, Philadelphia, PA 19131 | Multifamily | 2,772 SF | 1920 | - |
| 5410 Springfield Ave, Philadelphia, PA 19143 | Multifamily | 2,444 SF | 1925 | $680,000 |
| 1258 N 64th St, Philadelphia, PA 19151 | Multifamily | 2,170 SF | 1920 | - |
| 5627 Chester Ave, Philadelphia, PA 19143 | Multifamily | 2,078 SF | 1915 | - |
| 1604 S 56th St, Philadelphia, PA 19143 | Multifamily | 1,892 SF | 1920 | - |
| 5718 Chester Ave, Philadelphia, PA 19143 | Multifamily | 1,878 SF | 1925 | - |
| 6414 Vine St, Philadelphia, PA 19139 | Multifamily | 1,445 SF | 1920 | - |
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19 Units West & Southwest Philadelphia