5-Unit Apartment Building with Owner’s
New
For Sale
$1,175,000
1625-27 Point Breeze Avenue, Philadelphia, PA 19145
Four rental apartments sit below a three-bedroom residence with office space and two private balconies.
Property Size5,950 SF
Price / SF$197.48
Days on Market2
Property Features for 1625-27 Point Breeze Avenue
General Information
Standard status
Active
Size
5,950 SF
Zoning
RM1
Site & Location
Neighborhood
South Philadelphia
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 1BR/1BA, 1 x 2BR/1BA, 1 x 1BR/1.5BA, 1 x 3BR/2BA
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$12,391
Amenities
in-unit laundry
fenced rear yard
Electric
Yes
3
Public
CA0
32.00 x 67.00
0.05
No
Assessor
On Street
0.00
88500.00
Building Details
Year Built
2018
Buildings
1
Stories
3
Listing Agency:
LPMG Management Co.
(215) 769-5764
Listed By:
Michael John Fiteni · License #5008303
(484) 340-0598
Source:
Kempandassociatesre
Added: Oct 29
Last Checked: Oct 29 at 2:45PM
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 LPMG Management Co.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,950-square-foot apartment building, completed in 2018, contains five residences. Four apartments occupy the lower floors, while the third-floor owner’s suite provides three bedrooms, two full bathrooms, a home office, and two private balconies. The apartments include one-bedroom and two-bedroom layouts, with bathroom configurations ranging from one to one-and-a-half baths. In-unit laundry and eat-in kitchens are provided throughout.
The property is at 1625-27 Point Breeze Avenue in Philadelphia, with RM1 zoning. Transit connections include the Broad Street Line and SEPTA bus routes; I-95 and I-76 are also accessible. Nearby retail and dining options named in the property information include Target, Sprouts Farmers Market, Starbucks, Two Eagles Café, The Fresh Works, On Point Bistro, and American Sardine Bar.
The property is at 1625-27 Point Breeze Avenue in Philadelphia, with RM1 zoning. Transit connections include the Broad Street Line and SEPTA bus routes; I-95 and I-76 are also accessible. Nearby retail and dining options named in the property information include Target, Sprouts Farmers Market, Starbucks, Two Eagles Café, The Fresh Works, On Point Bistro, and American Sardine Bar.
Key Highlights
- Five residences, including four rental apartments and a third‑floor owner’s suite
- 5,950 square feet; built in 2018
- Owner’s suite has 3 bedrooms, 2 full baths, a home office, and 2 private balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,591
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,871,820
$1.9M
Cap Rate 7%
$1,337,014
$1.3M
Cap Rate 9%
$1,039,900
$1.0M
Market Conditions
NOI Build-Up for 5,950 SF
Gross rent
$180.6K $30.36/SF
− Vacancy
−$10.5K −$1.76/SF
EGI
$170.2K $28.60/SF
− OpEx
−$76.6K −$12.87/SF
NOI
$93.6K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,871,820
Cap Rate 7%
$1,337,014
Cap Rate 9%
$1,039,900
Alternative Uses
Best Use
Apartment 5plus
$1.34M
$1.17M – $1.56M
NOI $93,591 @ 7.0% cap · market cap 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.45M
$1.27M – $1.69M
NOI $101,536 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,015
Businesses Nearby
Explore this area
Business Placement
Demographics for 19145, PA
47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Four rental apartments sit below a three-bedroom residence with office space and two private balconies.
Where is this apartment building located?
The property is located at 1625-27 Point Breeze Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Five residences, including four rental apartments and a third‑floor owner’s suite; 5,950 square feet; built in 2018; Owner’s suite has 3 bedrooms, 2 full baths, a home office, and 2 private balconies
