Renovated 5-Unit Apartment
New
For Sale
$825,000
Pending
1725-00 Bainbridge Street, Philadelphia, PA 19146
Five studio residences are leased through August 31, 2027, in a three-story building zoned RM-1.
Property Size2,064 SF
Days on Market2
Property Features for 1725-00 Bainbridge Street
General Information
Standard status
Pending
Size
2,064 SF
Property subtype
Multi-Family
Zoning
RM1
Occupancy
100%
Net Operating Income
$55,543
Financials
Asking Price
$825,000
Cap Rate
6.73%
Gross Income
$75,900
Site & Location
Neighborhood
South Philadelphia
Public Transit
Yes
Units
Unit Mix
5 x studio
Multifamily Units
5
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,796
Amenities
Electric
Yes
Has Laundry
No
Assessor
No Pool
Include all furniture and it has a backyard
Public
CA0
16.00 x 67.00
0.02
Estimated
Off Street
Other
97100.00
Building Details
Building Size
2,064 SF
Year Built
1915
Year Renovated
2021
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
KW Commercial
(215) 664-1091
Listed By:
Nile Thompson · License #RS344703
(484) 557-0907
Source:
Chennaultrealestate
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:13AM
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 KW Commercial
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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 three-story apartment property contains five studio units across approximately 2,064 square feet. Built in 1915 and renovated in 2021, the building includes laundry facilities and a backyard; furniture is included. Off-street parking is also noted. The property is zoned RM-1, and all five apartments are leased through August 31, 2027.
At 1725-00 Bainbridge Street in Philadelphia, the property is in the Graduate Hospital neighborhood, with access to Rittenhouse Square, hospitals, universities, employment centers, public transportation, dining, shopping, and neighborhood amenities.
At 1725-00 Bainbridge Street in Philadelphia, the property is in the Graduate Hospital neighborhood, with access to Rittenhouse Square, hospitals, universities, employment centers, public transportation, dining, shopping, and neighborhood amenities.
Key Highlights
- Five studio apartments in a three‑story building
- Approximately 2,064 SF; built in 1915 and renovated in 2021
- All five apartments leased through August 31, 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,466
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,320
$649.3K
Cap Rate 7%
$463,800
$463.8K
Cap Rate 9%
$360,733
$360.7K
Market Conditions
NOI Build-Up for 2,064 SF
Gross rent
$62.7K $30.36/SF
− Vacancy
−$3.6K −$1.76/SF
EGI
$59.0K $28.60/SF
− OpEx
−$26.6K −$12.87/SF
NOI
$32.5K $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%
$649,320
Cap Rate 7%
$463,800
Cap Rate 9%
$360,733
Alternative Uses
Best Use
Apartment 5plus
$463.8K
$405.8K – $541.1K
NOI $32,466 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$503.2K
$440.3K – $587.0K
NOI $35,222 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
11,451
Businesses Nearby
Explore this area
Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five studio residences are leased through August 31, 2027, in a three-story building zoned RM-1.
Where is this apartment building located?
The property is located at 1725-00 Bainbridge Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Five studio apartments in a three‑story building; Approximately 2,064 SF; built in 1915 and renovated in 2021; All five apartments leased through August 31, 2027
