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7020 Woodland Ave 5 Unit Apartment Building $359,000 ($71,800/Unit) 7.50% Cap Rate Philadelphia, PA 19142
Executive Summary
Fully occupied five-unit mixed-use investment property located in Southwest Philadelphia. The property is CMX-2 zoned and is being offered at a 7.5% cap rate. Seller is offering a 0.5% mortgage-rate buydown for the purchaser. Contact the listing agent for financial information, lease details, and showing instructions.
Property Facts
| Price | $359,000 | Building Class | C |
| Price Per Unit | $71,800 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 2,835 SF |
| Cap Rate | 7.50% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | Parking Ratio | 2.12/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | CMX2 - Legally zoned 5 unit property with current rental license in place. | ||
| Price | $359,000 |
| Price Per Unit | $71,800 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,835 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1915 |
| Parking Ratio | 2.12/1,000 SF |
| Zoning | CMX2 - Legally zoned 5 unit property with current rental license in place. |
Amenities
Unit Amenities
- Microwave
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Yard
- Dining Room
- Handrails
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 3 | - | - |
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 403291700 | Improvements Assessment | $213,900 |
| Land Assessment | $53,400 | Total Assessment | $267,300 |
Property Taxes
Parcel Number
403291700
Land Assessment
$53,400
Improvements Assessment
$213,900
Total Assessment
$267,300
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7020 Woodland Ave
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