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825 N 41st St 6 Unit Apartment Building $1,225,000 ($204,167/Unit) 6.97% Cap Rate Philadelphia, PA 19104



Investment Highlights
- Recently Renovated 6-Unit Multifamily Asset
- Turnkey, Cash-Flowing Asset with Strong In-Place Income
- Turnkey Cash-Flowing Investment Opportunity
- Fully Stabilized
- Strong Rental Demand from Students, Professionals & Healthcare Workers
- Located minutes from Penn Presbyterian Hospital, CHOP, and Hospital of the University of Pennsylvania
Executive Summary
Located in Philadelphia’s rapidly evolving Belmont neighborhood, 825 N 41st St is a recently renovated six-unit multifamily asset offering a fully stabilized, turnkey investment opportunity in one of West Philadelphia’s most promising growth corridors. The property consists of six one-bedroom, one-bathroom units, all fully occupied and thoughtfully updated with modern finishes, including stainless steel appliances, hardwood-style flooring, tiled backsplashes, contemporary fixtures, and renovated kitchens and bathrooms, providing residents with comfortable, modern living while minimizing near-term capital expenditures for ownership. Subsidized tenants are currently in place, delivering reliable rental income and additional stability for investors. The building is in excellent condition and generates a strong in-place cash flow of $85,365 a year, making it an attractive income-producing asset. Strategically located just minutes from Drexel University’s continued westward expansion, ongoing institutional investment, and the growing economic influence of University City, the property benefits from increasing rental demand driven by students, professionals, and healthcare employees seeking convenient access to Center City, major employment hubs, and nearby access to all major highways, including I-76. With strong occupancy, modern upgrades, dependable income, and positioning within a rapidly revitalizing neighborhood experiencing continued residential and mixed-use development, 825 N 41st St represents a compelling opportunity to acquire a stabilized, cash-flowing asset with long-term appreciation potential in one of West Philadelphia’s emerging investment markets.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,225,000 | Building Class | C |
| Price Per Unit | $204,167 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 2,000 SF |
| Cap Rate | 6.97% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RSA5 | ||
| Price | $1,225,000 |
| Price Per Unit | $204,167 |
| Sale Type | Investment |
| Cap Rate | 6.97% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1915 |
| Opportunity Zone |
Yes |
| Zoning | RSA5 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Hardwood Floors
- High Speed Internet Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 062244200 | Improvements Assessment | $159,920 (2026) |
| Land Assessment | $39,980 (2026) | Total Assessment | $199,900 (2026) |
Property Taxes
Parcel Number
062244200
Land Assessment
$39,980 (2026)
Improvements Assessment
$159,920 (2026)
Total Assessment
$199,900 (2026)
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