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90 E Johnson St 7 Unit Apartment Building $1,067,500 ($152,500/Unit) 7.81% Cap Rate Philadelphia, PA 19144

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EXECUTIVE SUMMARY

Trophy Commercial Real Estate is pleased to present 90 East Johnson Street, a fully stabilized 7-unit multifamily property in Germantown. The building features a mix of 1 bedroom and 3-bedroom units with efficient layouts and durable finishes. In addition to consistent in-place income, the property sits on an oversized 11,309 SF lot that offers potential for subdivision and new construction of an additional single-family home or duplex (buyer to verify). With minimal capital needs, strong tenant demand, and long term upside through land value, this is a compelling opportunity in one of Philadelphia’s most active submarkets. With in-place monthly income of $9,344 and minimal operating expenses, the asset delivers a CAP rate of 7.81% and projected Year 1 return of 9.16%. The current ownership has maintained high occupancy and minimal turnover, positioning the asset as a plug-and-play opportunity for both private and institutional investors. Importantly, the property features no immediate capital needs, preserving investor
yield and eliminating operational friction. Located within walking distance of SEPTA transit, Germantown Avenue retail, and other lifestyle amenities, the site benefits from excellent connectivity and neighborhood demand drivers. Trophy Commercial has been engaged to market the asset for sale and identify qualified buyers on behalf of ownership. We welcome inquiries from investors seeking stabilized, cash-flowing real estate in one of Philadelphia’s most dynamic
rental corridors.
The same ownership group also is selling 13 units at 140-44 and 150 W Washington Ave, located down the street and around the corner.

PROPERTY FACTS

Price $1,067,500
Price Per Unit $152,500
Sale Type Investment
Cap Rate 7.81%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.26 AC
Building Size 7,380 SF
No. Stories 3
Year Built 1905
Zoning RSA3

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 5 - -
3+2 2 - -
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881212670
Land Assessment
$111,300
Improvements Assessment
$259,700
Total Assessment
$371,000
  • Listing ID: 36786188

  • Date on Market: 7/17/2025

  • Last Updated:

  • Address: 90 E Johnson St, Philadelphia, PA 19144

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90 E Johnson St

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