12-Unit Multifamily
5994-96 HENRY Avenue Philadelphia, PA 19128
New
5994-96 HENRY Avenue, Philadelphia, PA, 19128
$783,333
For Sale
$783,333
MULTI_FAMILY - PHILADELPHIA, PA
Property Size3,192 SF
Lot Size0.07 Acres
Price / SF$245.41
Days on Market4
Property Features for 5994-96 HENRY Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room, Basement
- Parking
- 4
- Parking features
- Garage - Attached
- Interior features
- Combination Dining/Living, Dining Area, Flat, Floor Plan - Open
- Appliances
- Dishwasher, Disposal, Refrigerator
- Standard status
- Active
- Size
- 3,192 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11346
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1930
- Number of units
- 4
- Building materials
- Masonry
Listing Agency
Coldwell Banker Realty
(215) 923-7600
325 Chestnut Street unit: 1300, Plymouth Meeting, PA
Listed by
Keith M Stallone · License #RS326084
(267) 606-8502
Added: Jul 14 Checked: Jul 17 at 12:06 pm
MLS# PAPH2647572
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 12-unit multifamily portfolio is offered as an exclusive three-building package. The collection features eight 2-bedroom units and four 1-bedroom units, with every unit having separate utilities, dedicated storage, an in-building washer/dryer, and a dedicated 1-car garage. All units are currently occupied, and rents are reported as fully up to date, with licenses stated as up to date with the City of Philadelphia.
The portfolio is located in Roxborough in Philadelphia, with the package including properties addressed at 5982–5984 and 5986–5988 Henry Ave, as well as 5994–96 Henry Avenue. Access is described as convenient to Manayunk, Wissahickon Park, Center City, the Main Line, and public transit.
Showings require the listing agent to be present, and proof of funds or pre-approval is required prior to scheduling.
The portfolio is located in Roxborough in Philadelphia, with the package including properties addressed at 5982–5984 and 5986–5988 Henry Ave, as well as 5994–96 Henry Avenue. Access is described as convenient to Manayunk, Wissahickon Park, Center City, the Main Line, and public transit.
Showings require the listing agent to be present, and proof of funds or pre-approval is required prior to scheduling.
Key Highlights
- 12‑unit multifamily portfolio sold as a 3‑building package (5982‑5984 and 5986‑5988 Henry Ave)
- Unit mix: eight 2‑bedroom units and four 1‑bedroom units
- Each unit has separate utilities and dedicated storage, plus an in‑building washer/dryer
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.9k | $30.36 |
| − Vacancy | −$5.6k | −$1.76 |
| EGI | $91.3k | $28.60 |
| − OpEx | −$41.1k | −$12.87 |
| NOI | $50.2k | $15.73 |
3,192 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Twelve occupied units sold as a three-building package, with in-unit washer/dryer and dedicated storage plus 1-car garages.
Where is this apartment building located?
The property is located at 5994-96 HENRY Avenue 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: 12‑unit multifamily portfolio sold as a 3‑building package (5982‑5984 and 5986‑5988 Henry Ave); Unit mix: eight 2‑bedroom units and four 1‑bedroom units; Each unit has separate utilities and dedicated storage, plus an in‑building washer/dryer
