Renovated Five-Unit Apartment
For Sale
$825,000
1725 Bainbridge St, Philadelphia, PA 19146
Five studio apartments in a recently renovated building with cold water paid by the landlord and other utilities paid by tenants.
Property Size2,064 SF
Price / SF$399.71
Days on Market99
Property Features for 1725 Bainbridge St
General Information
Standard status
Active
Size
2,064 SF
Site & Location
Neighborhood
South Philadelphia
Additional Details
Multifamily Units
5
Building Details
Year Built
1915
Listing Agency:
KW Commercial
Listed By:
Nile Thompson · License #RS344703
(215) 664-1091
Source:
Tbhteam
Added: Jul 19
Changed: Oct 12
Last Checked: Oct 7 at 1:55PM
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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Investment Insights
Based on property information with market context.
This recently renovated five-unit apartment building is configured as five studio apartments. The landlord pays for cold water, while tenants are responsible for all other utilities, supporting straightforward utility billing and operations.
The property is located in Philadelphia’s Graduate Hospital neighborhood. It is within walking distance of the Schuylkill River Park, downtown Philadelphia, and Marian Recreation Center.
The seller also notes the asset may be purchased as part of a three-property portfolio, with 2402 Spruce St (6 units) and 2129 Pine St (6 units).
The property is located in Philadelphia’s Graduate Hospital neighborhood. It is within walking distance of the Schuylkill River Park, downtown Philadelphia, and Marian Recreation Center.
The seller also notes the asset may be purchased as part of a three-property portfolio, with 2402 Spruce St (6 units) and 2129 Pine St (6 units).
Key Highlights
- Recently renovated 5‑unit apartment building with five studio apartments
- Landlord pays for cold water; tenants pay all other utilities
- Located in the Graduate Hospital neighborhood
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.
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Property Analytics
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Lease Details
5
Residential units
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five studio apartments in a recently renovated building with cold water paid by the landlord and other utilities paid by tenants.
Where is this apartment building located?
The property is located at 1725 Bainbridge St 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: Recently renovated 5‑unit apartment building with five studio apartments; Landlord pays for cold water; tenants pay all other utilities; Located in the Graduate Hospital neighborhood
