10-Unit Apartment
For Sale
$1,075,000
533541 Baynton Street, Philadelphia, PA 19144
Three-story multifamily property with one-bedroom residences and off-street parking in Philadelphia’s Germantown neighborhood.
Property Size5,619 SF
Lot Size0.60 Acres
Price / SF$191.32
Days on Market11
Property Features for 533541 Baynton Street
General Information
Standard status
Active
Size
5,619 SF
Total Parking Spaces
8
Lot size
0.60 Acres
Property subtype
Commercial
Lease Term
[]
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
10 x 1BR/1BA
Multifamily Units
10
Building Details
Year Built
1910
Stories
3
Listing Agency:
Loonstyn Brothers Realty LLC
Listed By:
Joseph M. Loonstyn Jr. · License #RM426384
(215) 302-4400
Source:
Deepcreeklake
Added: Oct 3
Changed: Oct 13
Last Checked: Oct 12 at 8:43PM
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
Investment Insights
Based on property information with market context.
This three-story apartment property contains 10 one-bedroom, one-bathroom units across 5,619 square feet of living area. The building dates to 1910 and received a replacement roof in 2025. Its 0.60-acre parcel includes eight off-street parking spaces.
The property is in Philadelphia’s Germantown neighborhood, 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 region.
Ownership has continued since 2004, and several tenants have occupied units long term.
The property is in Philadelphia’s Germantown neighborhood, 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 region.
Ownership has continued since 2004, and several tenants have occupied units long term.
Key Highlights
- 10 one‑bedroom, one‑bathroom apartments
- 5,619 square feet of living area in a three‑story building
- 0.60‑acre (26,000 SF) parcel
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
Current Use
Lease Details
10
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,216
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story multifamily property with one-bedroom residences and off-street parking in Philadelphia’s Germantown neighborhood.
Where is this apartment building located?
The property is located at 533541 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 (26,000 SF) parcel
