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1014 E Moyamensing Ave

$1,800,000

1014 E Moyamensing Ave, Philadelphia, PA 19147

Active
Last Updated: 09/26/2025

6.3

Cap Rate

113,378

NOI

Details:
Cap Rate:    6.3%
NOI:    $113,378
Year Built:    2015
Zoning:    RSA5
Roof:    Fiberglass, Flat
Highlights:
  • Days on Market: 82
  • Heating: Central
Description:

1014 E Moyamensing is a fully occupied, newer construction, 5 unit apartment building in highly desired Queen Village neighborhood, located on a tree-lined residential street within a short walk or ride to Giant Heirloom for groceries, Target for home essentials, and two of Philly's best restaurants to satisfy essential cravings for cheesesteaks and sushi - at Angelo's and Royal Sushi & Izakaya. Each unit was thoughtfully built to optimize for modern living, offering contemporary design, with both light and dark color palettes, wine storage, hardwood flooring throughout, spacious closets, and outdoor space, some units offering a private backyard or balcony, while others have access to two separate, spacious roof deck spaces. Each unit further has separate utilities meters and tax IDs, permitting future sales of individual condo units, offering ownership a stellar performing asset with several incredible opportunities. The property is currently managed professionally and easy to rent.

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