1. Pennsylvania
2. Philadelphia
3. 1945 W HUNTING PARK AVE

1945 W HUNTING PARK AVE, Philadelphia, PA 19140

Property Description

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.

Listing Status:

Active

Listing Office:

Re/Max One Realty : 2159538800

Listing Agent:

Edward J. McDonald Jr. : 2154429388

MLS ID:

PAPH2528390

Interior

• Flooring: Luxury vinyl plank
• A/C: None
• Heating: Baseboard - ElectricNatural GasElectric
• Disability Feature: None

Construction

• Roofing: Flat
• General: Masonry

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX2881427225

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Edward J. McDonald Jr., Re/Max One Realty