8-Unit Mixed-Use
New
For Sale
$1,099,000
6522 Lebanon Ave, Philadelphia, PA 19151
The occupied portfolio combines apartments with medical rehabilitation and daycare space under CMX-2 zoning.
Property Size9,000 SF
Price / SF$122.11
Days on Market6
Property Features for 6522 Lebanon Ave
General Information
Standard status
Active
Size
9,000 SF
Property subtype
Multi-Family
Zoning
CMX-2
Occupancy
100%
Financials
Cap Rate
9.7%
Gross Income
$135,384
Units
Unit Mix
6 x apartment
Multifamily Units
6
Building Details
Year Built
1925
Buildings
3
Construction
stone masonry
Tenancy
Multi
Listing Agency:
Elite Realty Group Unl. Inc.
Listed By:
Alexander Molinski · License #RS293352
(267) 408-6671
Source:
Bethsamberg
Added: Oct 4
Last Checked: Oct 7 at 4:44PM
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 Elite Realty Group Unl. Inc.
Investment Insights
Based on property information with market context.
This 9,000-square-foot mixed-use property comprises 8 occupied units across 3 adjacent buildings held on one deed. The tenancy includes 6 apartments, a medical rehabilitation center and a daycare facility. Built in 1925, the stone masonry property occupies a corner site and is zoned CMX-2. The reported capitalization rate is 9.7%.
Located in Philadelphia’s Overbrook Farms section, the property is a short drive from City Line Avenue, St. Joseph’s University and Lankenau Medical Center. Fairmount Park is also identified as a nearby outdoor destination.
Located in Philadelphia’s Overbrook Farms section, the property is a short drive from City Line Avenue, St. Joseph’s University and Lankenau Medical Center. Fairmount Park is also identified as a nearby outdoor destination.
Key Highlights
- 8 occupied units: 6 apartments, 1 medical rehabilitation center and 1 daycare facility
- Reported 9.7% capitalization rate
- 3 adjacent buildings conveyed on one deed
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Explore this area
Business Placement
Demographics for 19151, PA
30,394
Population
15,084
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
12,664
Density / Sq Mi
$58,046
Median Household Income
$42,504
Median Earnings
$1,167
Median Rent
$181,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The occupied portfolio combines apartments with medical rehabilitation and daycare space under CMX-2 zoning.
Where is this mixed-use property located?
The property is located at 6522 Lebanon Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 8 occupied units: 6 apartments, 1 medical rehabilitation center and 1 daycare facility; Reported 9.7% capitalization rate; 3 adjacent buildings conveyed on one deed
