All-Brick 25-Unit Apartment
For Sale
$3,000,000
592600 Bustleton Avenue, Philadelphia, PA 19149
Well-maintained 25-unit multifamily building with durable all-brick construction and an income-focused stabilized profile.
Days on Market113
Property Features for 592600 Bustleton Avenue
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
[]
Additional Details
Cap Rate
8.84%
Highway Access
Yes
Multifamily Units
25
Building Details
Year Built
1965
Construction
all-brick
Listing Agency:
Longlong Zhan Real Estate Investment
(610) 574-0988
Listed By:
Zhan Su
Source:
Deepcreeklake
Added: Apr 9
Changed: Jul 27
Last Checked: Jul 28 at 10:09PM
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 Longlong Zhan Real Estate Investment
Investment Insights
Based on property information with market context.
This for-sale apartment building offers 25 units within a professionally maintained, durable all-brick exterior. The property is presented as a stabilized, in-place income opportunity, with an approximate 8.84% cap rate and an approximate NOI of $265,200, based on information provided in the remarks.
The building is located on Bustleton Avenue in Northeast Philadelphia, with the listing describing convenient access to public transportation, major highways, shopping centers, restaurants, healthcare facilities, and employment hubs. The exterior construction is highlighted as a standout feature, described as a rarity among nearby multifamily assets, intended to support long-term durability and reduced maintenance.
Additional financial information, rent roll, and property details are available by contacting the listing agent.
The building is located on Bustleton Avenue in Northeast Philadelphia, with the listing describing convenient access to public transportation, major highways, shopping centers, restaurants, healthcare facilities, and employment hubs. The exterior construction is highlighted as a standout feature, described as a rarity among nearby multifamily assets, intended to support long-term durability and reduced maintenance.
Additional financial information, rent roll, and property details are available by contacting the listing agent.
Key Highlights
- 25‑unit multifamily building with an approximate 8.84% cap rate and in‑place cash flow
- NOI of approximately $265,200 per the public remarks
- Year built 1965; professionally maintained stabilized apartment building
Property Analytics
Current Use
Lease Details
25
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Explore this area
Business Placement
Demographics for 19149, PA
60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 25-unit multifamily building with durable all-brick construction and an income-focused stabilized profile.
Where is this apartment building located?
The property is located at 592600 Bustleton Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 25‑unit multifamily building with an approximate 8.84% cap rate and in‑place cash flow; NOI of approximately $265,200 per the public remarks; Year built 1965; professionally maintained stabilized apartment building
