Multifamily Property with Attached
For Sale
$783,333
5994-96 Henry Ave, Philadelphia, PA 19128
RM1 zoning and natural gas hot water service support the property's residential configuration.
Property Size3,192 SF
Price / SF$245.41
Days on Market101
Property Features for 5994-96 Henry Ave
General Information
Standard status
Active
Size
3,192 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
RM1
Taxes and HOA fees
Annual Taxes
$11,346
Amenities
Window Unit(s)
Hot Water, Natural Gas
Dishwasher, Disposal, Refrigerator
Golf Course
Garage Door Opener, Attached
Other
Building Details
Building Size
3,192 SF
Year Built
1930
Listing Agency:
Coldwell Banker Realty
Listed By:
Keith M Stallone · License #RS326084
(267) 606-8502
Source:
Evrealestate
Added: Jul 14
Changed: Oct 9
Last Checked: Oct 20 at 8:39PM
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 Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property at 5994-96 Henry Ave in Philadelphia was built in 1930. Interior features include window units, hot water supplied by natural gas, a dishwasher, a disposal, and a refrigerator. The property also has an attached garage with a door opener and RM1 zoning.
Key Highlights
- Built in 1930
- RM1 zoning
- Attached garage with door opener
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,209
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,180
$1.0M
Cap Rate 7%
$717,271
$717.3K
Cap Rate 9%
$557,878
$557.9K
Market Conditions
NOI Build-Up for 3,192 SF
Gross rent
$96.9K $30.36/SF
− Vacancy
−$5.6K −$1.76/SF
EGI
$91.3K $28.60/SF
− OpEx
−$41.1K −$12.87/SF
NOI
$50.2K $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%
$1,004,180
Cap Rate 7%
$717,271
Cap Rate 9%
$557,878
Alternative Uses
Best Use
Apartment 5plus
$717.3K
$627.6K – $836.8K
NOI $50,209 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$778.2K
$680.9K – $907.9K
NOI $54,471 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
968
Businesses Nearby
Explore this area
Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - RM1 zoning and natural gas hot water service support the property's residential configuration.
Where is this multifamily property located?
The property is located at 5994-96 Henry Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $783,333.
What are key features of this property?
This property features: Built in 1930; RM1 zoning; Attached garage with door opener
