24-Unit Multifamily
For Sale
$4,500,000
6066 E ROOSEVELT Boulevard, Philadelphia, PA 19149
Multi-Family, PHILADELPHIA, PA
Property Size1,552 SF
Lot Size0.69 Acres
Price / SF$2,899
Days on Market356
Property Features for 6066 E ROOSEVELT Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
30
Parking features
Offsite, Driveway, Garage - Attached, On Street, Garage - Detached
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,552 SF
Lot size
0.69 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
60712
Utilities
Heating system
Hot Water(Heating)
Cooling system
Window Unit(s), Ceiling Fan(s), Central Air, Multi Units
Building Details
Year built
1940
Number of units
4
Building materials
Masonry
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Kyra L. Brinson · License #RS332546
(201) 774-0019
Added: Nov 13, 2025
Changed: Oct 25
Last Checked: Nov 3 at 8:06PM
MLS# PAPH2559042
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.
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Investment Insights
Based on property information with market context.
This multifamily offering includes a 24-unit residential portfolio distributed across Philadelphia areas including Mayfair, Oxford Circle, Frankford, Tacony, Lawncrest, and West Philadelphia. The package may be acquired as a whole, by neighborhood group, or through select individual purchases, subject to offer terms. The mix includes occupied rentals, month-to-month tenancies, and vacant units. Exterior drive-by inspections are permitted, while interior showings are arranged after an accepted offer to accommodate residents.
The property record identifies 0.69 acres and 1,552 square feet, with masonry construction dating to 1940. Parking includes attached and detached garages, driveway, on-street, and off-site options. Heating is hot water, while cooling includes central air, window units, ceiling fans, and multiple-unit systems. Management may remain in place, and the stabilized portfolio is projected at an estimated 8–10% cap rate.
The property record identifies 0.69 acres and 1,552 square feet, with masonry construction dating to 1940. Parking includes attached and detached garages, driveway, on-street, and off-site options. Heating is hot water, while cooling includes central air, window units, ceiling fans, and multiple-unit systems. Management may remain in place, and the stabilized portfolio is projected at an estimated 8–10% cap rate.
Key Highlights
- 24‑unit residential portfolio spanning Mayfair, Oxford Circle, Frankford, Tacony, Lawncrest, and West Philadelphia
- Acquisition options include the full package, neighborhood groupings, or select individual properties
- 0.69 acres with 1,552 square feet identified in the property record
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$208,009
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,160,180
$4.2M
Cap Rate 7%
$2,971,557
$3.0M
Cap Rate 9%
$2,311,211
$2.3M
Market Conditions
NOI Build-Up for 1,552 SF
Gross rent
$391.1K $252.00/SF
− Vacancy
−$12.9K −$8.32/SF
EGI
$378.2K $243.68/SF
− OpEx
−$170.2K −$109.66/SF
NOI
$208.0K $134.03/SF
Area
ZIP 19149
Vacancy
3.30%
Lease Rate
$252.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,160,180
Cap Rate 7%
$2,971,557
Cap Rate 9%
$2,311,211
Alternative Uses
Best Use
Apartment 5plus
$2.97M
$2.60M – $3.47M
NOI $208,009 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
1,144
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Masonry residential portfolio with varied parking, cooling, and tenant occupancy across Philadelphia rental submarkets.
Where is this multifamily property located?
The property is located at 6066 E ROOSEVELT Boulevard Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 24‑unit residential portfolio spanning Mayfair, Oxford Circle, Frankford, Tacony, Lawncrest, and West Philadelphia; Acquisition options include the full package, neighborhood groupings, or select individual properties; 0.69 acres with 1,552 square feet identified in the property record
