10-Unit Apartment
New
For Sale
$1,075,000
5335-41 Baynton Street, Philadelphia, PA 19144
The three-story property offers one-bedroom residences and sits on a 0.60-acre parcel in Philadelphia’s Germantown neighborhood.
Property Size5,619 SF
Lot Size0.60 Acres
Price / SF$191.32
Days on Market2
Property Features for 5335-41 Baynton Street
General Information
Standard status
Active
Size
5,619 SF
Total Parking Spaces
8
Lot size
0.60 Acres
Zoning
RSA1
Site & Location
Neighborhood
Wister
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
10 x 1BR/1BA
Multifamily Units
10
Taxes and HOA fees
Annual Taxes
$9,795
Amenities
Natural Gas
1
Yes
3
No
Public
CA0
190.00 x 141.00
0.60
Assessor
Parking Lot
14
5619.00
139900.00
Building Details
Building Size
5,619 SF
Year Built
1910
Buildings
1
Stories
3
Listing Agency:
Loonstyn Brothers Realty LLC
(267) 252-0223
Listed By:
Joseph M. Loonstyn Jr. · License #RM426384
(215) 302-4400
Source:
Mullenrealty
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 6 at 1:41AM
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 Loonstyn Brothers Realty LLC
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Investment Insights
Based on property information with market context.
Built in 1910, this three-story apartment property contains 10 one-bedroom, one-bathroom units totaling 5,619 square feet of living area. The 0.60-acre parcel includes eight off-street parking spaces, and the building received a new roof in 2025. The property is zoned RSA1.
In Philadelphia’s Germantown neighborhood, the site is about one-third of a mile from the East Chelten Avenue commercial corridor and within walking distance of Germantown Avenue. Two Regional Rail stations are nearby. Lincoln Drive and U.S. Route 1 connect the area with Center City, Interstate 76 and destinations across the greater Philadelphia region. The building has had several long-term tenants, and ownership dates to 2004.
In Philadelphia’s Germantown neighborhood, the site is about one-third of a mile from the East Chelten Avenue commercial corridor and within walking distance of Germantown Avenue. Two Regional Rail stations are nearby. Lincoln Drive and U.S. Route 1 connect the area with Center City, Interstate 76 and destinations across the greater Philadelphia region. The building has had several long-term tenants, and ownership dates to 2004.
Key Highlights
- 10 one‑bedroom, one‑bathroom apartments
- 5,619 square feet of living area in a three‑story building
- 0.60‑acre parcel (26,000 SF)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,384
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,767,680
$1.8M
Cap Rate 7%
$1,262,629
$1.3M
Cap Rate 9%
$982,044
$982.0K
Market Conditions
NOI Build-Up for 5,619 SF
Gross rent
$170.6K $30.36/SF
− Vacancy
−$9.9K −$1.76/SF
EGI
$160.7K $28.60/SF
− OpEx
−$72.3K −$12.87/SF
NOI
$88.4K $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%
$1,767,680
Cap Rate 7%
$1,262,629
Cap Rate 9%
$982,044
Alternative Uses
Best Use
Apartment 5plus
$1.26M
$1.10M – $1.47M
NOI $88,384 @ 7.0% cap · market cap 8.22%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.37M
$1.20M – $1.60M
NOI $95,888 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
10
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,491
Businesses Nearby
Explore this area
Business Placement
Demographics for 19144, PA
44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - The three-story property offers one-bedroom residences and sits on a 0.60-acre parcel in Philadelphia’s Germantown neighborhood.
Where is this apartment building located?
The property is located at 5335-41 Baynton Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: 10 one‑bedroom, one‑bathroom apartments; 5,619 square feet of living area in a three‑story building; 0.60‑acre parcel (26,000 SF)
