12-Unit Multifamily
5994 HENRY AVENUE Philadelphia, PA 19128
5994 HENRY AVENUE, Philadelphia, PA, 19128
$783,333
For Sale
$783,333
12 units across three buildings with in-unit washer/dryer, dedicated storage, and separate utilities, all currently occupied.
Property Size3,192 SF
Price / SF$245.41
Days on Market12
Property Features for 5994 HENRY AVENUE
General Information
- Standard status
- Active
- Size
- 3,192 SF
- Property subtype
- Quadruplex
Building Details
- Year Built
- 1930
Listing agency
Coldwell Banker Realty
(267) 606-8502
Listed by
Keith M Stallone · License #RS326084
(267) 606-8502
Source
Cummingsrealtors
Added: Jul 10 Updated: Jul 20 at 3:43AM Checked: Jul 21 at 3:07AM
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
Investment Insights
Based on property information with market context.
This is a 12-unit multifamily portfolio offered as a three-building package deal. The collection includes eight 2-bedroom units and four 1-bedroom units. Each unit features separate utilities, dedicated storage, an in-building washer/dryer, and a dedicated 1-car garage.
The portfolio is located in Roxborough at 5994 Henry Avenue, Philadelphia, PA 19128, and is sold together with the additional buildings referenced as MLS #PAPH2647468 (5982–5984) and MLS #PAPH2647570 (5986–5988). All units are currently occupied and rents are fully up to date.
For showings, the listing agent must be present and proof of funds or pre-approval is required prior to scheduling. The City of Philadelphia licenses are stated to be up to date.
The portfolio is located in Roxborough at 5994 Henry Avenue, Philadelphia, PA 19128, and is sold together with the additional buildings referenced as MLS #PAPH2647468 (5982–5984) and MLS #PAPH2647570 (5986–5988). All units are currently occupied and rents are fully up to date.
For showings, the listing agent must be present and proof of funds or pre-approval is required prior to scheduling. The City of Philadelphia licenses are stated to be up to date.
Key Highlights
- 12‑unit multifamily portfolio in Roxborough, built in 1930, sold as a 3‑building package
- Includes 5982‑5984 and 5986‑5988 Henry Ave (MLS# PAPH2647468 and MLS# PAPH2647570)
- Unit mix: eight 2‑bedroom units and four 1‑bedroom units across the three buildings
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
Location Intelligence
Current Use by Public Records
Pipe 2 Fix ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Apartment building - 12 units across three buildings with in-unit washer/dryer, dedicated storage, and separate utilities, all currently occupied.
Where is this apartment building located?
The property is located at 5994 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 in Roxborough, built in 1930, sold as a 3‑building package; Includes 5982‑5984 and 5986‑5988 Henry Ave (MLS# PAPH2647468 and MLS# PAPH2647570); Unit mix: eight 2‑bedroom units and four 1‑bedroom units across the three buildings
