9-Unit Apartment
For Sale
$975,000
1412 WINDRIM AVENUE, Philadelphia, PA 19141
Income-producing multifamily property with a balanced mix of one- and two-bedroom residences in Philadelphia.
Property Size6,750 SF
Days on Market50
Property Features for 1412 WINDRIM AVENUE
General Information
Standard status
Active
Size
6,750 SF
Net Rentable
6,750 SF
Property subtype
Five Or More Units
Net Operating Income
$69,547
Financials
Asking Price
$975,000
Cap Rate
7.13%
Gross Income
$119,988
Average Monthly Rent
$1,111
Site & Location
Neighborhood
Northwest Philadelphia
Units
Unit Mix
4 x 1BR/1BA, 5 x 2BR/1BA
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$10,343
Building Details
Building Size
6,750 SF
Year Built
1920
Listing Agency:
Trophy Commercial Real Estate LLC
Listed By:
Saam Tashayyod · License #PA RM425803
(215) 608-5745
Source:
Lizclarkrealestate
Added: Sep 16
Changed: Nov 2
Last Checked: Nov 3 at 1:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trophy Commercial Real Estate LLC
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Investment Insights
Based on property information with market context.
Built in 1920, this Philadelphia apartment property contains 9 residential units across approximately 6,750 rentable square feet. The unit mix includes four one-bedroom, one-bathroom residences and five two-bedroom, one-bathroom residences, with each unit averaging approximately 750 square feet.
Current operations reflect a 7.13% in-place cap rate, while Year 1 underwriting projects a 7.69% cap rate. The property is located at 1412 Windrim Avenue in Philadelphia, Pennsylvania 19141.
Current operations reflect a 7.13% in-place cap rate, while Year 1 underwriting projects a 7.69% cap rate. The property is located at 1412 Windrim Avenue in Philadelphia, Pennsylvania 19141.
Key Highlights
- 9‑unit apartment property totaling approximately 6,750 rentable square feet
- Unit mix includes four one‑bedroom and five two‑bedroom residences
- Each residence averages approximately 750 square feet
Property Analytics
Who owns this building?
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Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
2,252
Businesses Nearby
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Business Placement
Demographics for 19141, PA
31,047
Population
16,290
Households
1.9
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
1.7 sq mi
ZIP Area
18,263
Density / Sq Mi
$42,461
Median Household Income
$34,464
Median Earnings
$1,009
Median Rent
$143,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing multifamily property with a balanced mix of one- and two-bedroom residences in Philadelphia.
Where is this apartment building located?
The property is located at 1412 WINDRIM AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 9‑unit apartment property totaling approximately 6,750 rentable square feet; Unit mix includes four one‑bedroom and five two‑bedroom residences; Each residence averages approximately 750 square feet
