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835 Corinthian Ave

$1,550,000

835 Corinthian Ave, Philadelphia, Pa 19130

Active
Last Updated: 02/08/2025

8.6

Cap Rate

133,002

NOI

Details:
Cap Rate:    8.6%
NOI:    $133,002
Year Built:    1920
Zoning:    CMX1
Highlights:
  • Days on Market: 116
  • Heating: Central
Description:

835 Corinthian Ave is a beautifully renovated 5-unit multi-family building that blends classic charm with modern elegance. Ideal for investors or homebuyers seeking rental income, this property features a large commercial space on the first floor and four residential units above. Each unit is thoughtfully designed with high-end finishes, including hardwood floors, stylish kitchens, and luxurious bathrooms. Located in a sought-after area with easy access to amenities, schools, and transportation, this property is perfectly positioned for both tenants and owners. Projected Gross Rent: $157,200 Annually - All Tenants Paying 5-unit Property Consisting Of Studio 1 & 2-bedroom Apartments Average Unit Size 650 Square Feet And Bi Level Street Parking Available And No Low-Income Or Controlled Rent Requirement 2 Blocks from Fairmount Ave - A Major Commercial Coordinator in Philadelphia Management Company Available To Oversee The Building Large Upside In Appreciation With Historically Steady Values

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