1945 W HUNTING PARK AVE, Philadelphia, PA 19140
1945 W HUNTING PARK AVE, Philadelphia, PA 19140
1945 W HUNTING PARK AVE, Philadelphia, PA 19140
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Edward McDonald • Re/Max One Realty
$324,900
Est. payment /mo
1,172 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2528390

Year Built 1940

Annual Tax Amount $4,591

Tax Year 2025

Lot Size 1,172 Sqft

Acres 0.03

Property Sub-Type Other

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling None

Flooring Luxury Vinyl Plank

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 5.0

Water Access N

Roof Type Flat

Accessibility None

Total Parking Spaces 5

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881427225

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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1945 W HUNTING PARK AVE

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