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1234 40 Rising Sun Ave

$950,000

1234 40 Rising Sun Ave, Philadelphia, PA 19140

Active
Last Updated: 09/26/2025

9.18

Cap Rate

91,359

NOI

Details:
Cap Rate:    9.18%
NOI:    $91,359
Building Size:    8,656 sqft
Year Built:    1942
Price Per Sqft:    $109.75
Zoning:    RM1
Highlights:
  • Days on Market: 135
  • Heating: Baseboard - Electric
Description:

Corner

Prime Mixed-Use Investment Opportunity – Steps from Temple Hospital
Located at a high-visibility corner just off Broad Street and Old York Road, 1234 Rising Sun Avenue offers a rare chance to own a cash-flowing mixed-use building in one of North Philadelphia’s most active corridors.

This well-maintained property features six residential units above a spacious ground-floor commercial space, generating $117,600 in annual income with immediate upside—two units have 20% rental increase potential.

With strong proximity to Temple Hospital, public transit, and major thoroughfares, this property benefits from consistent tenant demand and excellent walkability. The corner positioning adds value for retail exposure and long-term appreciation.

Whether you're expanding your portfolio or seeking a stable asset with room to grow, 1234 Rising Sun delivers on location, income, and potential.

Map:
Location
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