1945 W Hunting Park Ave

Highlights:

• Days on Market: 23
• Heating: Baseboard - Electric

Description:

Corner

INVESTMENT OPPORTUNITY – LEGAL 5-UNIT MULTIFAMILY IN GROWING PHILADELPHIA NEIGHBORHOOD | 7.6% CAP RATE
Here’s your chance to own a legal five-unit apartment building in one of Philadelphia’s rapidly growing neighborhoods. Ideally situated near Route 1 and Broad Street, this property offers unbeatable convenience and strong rental demand.
The building consists of:
(3) One-bedroom units
(2) Studio units
Three of the five units have been recently renovated, and the entire property is in solid, well-maintained condition. With conservative rents projected (see attached pro forma), this investment offers a starting cap rate of 7.6%—and potential for increased returns with further updates or market rent adjustments.
Highlights:
Prime commuter location near major arteries
Legal 5-unit building
Renovations already completed in majority of units
Strong cap rate in a developing market
Whether you’re looking to expand your portfolio or enter the multifamily market, this property checks all the boxes: location, cash flow, and upside potential.

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Listing ID: 804094731358