5047 Baltimore Ave - 5047 Baltimore Avenue 4 Unit Apartment Building Offered at $1,100,000 at a 5.89% Cap Rate Philadelphia, PA 19143

Philly CRE Advisors proudly presents 5047 Baltimore Ave, a 2022 new construction mixed-use asset located in the rapidly expanding University City corridor of West Philadelphia. This turnkey investment features all major systems, mechanicals, and finishes in like-new condition, minimizing capital expenditure and providing immediate cash flow with strong upside potential. The property consists of one ground-floor commercial space leased at $1,250/month and three residential units, including a bi-level 2-bed / 2-bath with a private patio, a massive tri-level 3-bed / 2-bath, and a large bi-level 3-bed / 2-bath. The unit mix offers oversized layouts that consistently outperform typical rental products in the area and attract strong tenant demand. Current rents are below market for comparable new construction assets, presenting a clear value-add opportunity. Even conservative pro forma projections remain below neighborhood rental comps, allowing investors to increase revenue while maintaining competitive pricing. The combination of larger unit sizes, modern layouts, and strong location fundamentals positions this asset for continued rent growth and long-term appreciation. Each unit features modern finishes, including stainless steel appliances, granite countertops, an in-unit washer/dryer, recessed lighting, and excellent natural light throughout. Strategically located near Drexel University, University of Pennsylvania, CHOP, and HUP, the property benefits from one of the strongest and most consistent rental demand drivers in Philadelphia. Continued institutional investment and redevelopment throughout University City further support long-term equity growth. A rare opportunity to acquire a stabilized, low-maintenance asset with immediate cash flow and significant upside in one of Philadelphia’s most dynamic submarkets.