Mixed-Use 5-Unit Apartment
7020 Woodland Avenue Philadelphia, PA 19142
For Sale
$369,000
CMX2-zoned 5-unit property with 3 occupied and 2 vacant units, providing flexible occupancy for an owner-operator or investor.
Property Size2,016 SF
Price / SF$183.04
Days on Market76
Property Features for 7020 Woodland Avenue
General Information
- Standard status
- Active
- Size
- 2,016 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
TCS Management, LLC
(267) 226-7486
Listed By:
Stephen John Chapko Jr.
(267) 226-7486
Source:
Compass
Added: May 9
Changed: Jul 22
Last Checked: Jul 23 at 10:37AM
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 TCS Management, LLC
Investment Insights
Based on property information with market context.
Located at 7020 Woodland Avenue, this CMX2-zoned 5-unit mixed-use apartment building includes three occupied units and two vacant units ready for occupancy. The property is configured as a small multifamily asset with in-place rental opportunities and the ability to reposition the two currently vacant units.
The building is described as conveniently located near public transportation, shopping, major highways, Philadelphia International Airport, and Center City Philadelphia, supporting accessible commute and day-to-day convenience throughout the city.
The listing notes that some images have been virtually enhanced and that photos may be of similar units.
The building is described as conveniently located near public transportation, shopping, major highways, Philadelphia International Airport, and Center City Philadelphia, supporting accessible commute and day-to-day convenience throughout the city.
The listing notes that some images have been virtually enhanced and that photos may be of similar units.
Key Highlights
- CMX2‑zoned 5‑unit mixed‑use property at 7020 Woodland Ave in Southwest Philadelphia
- 3 occupied units and 2 vacant units ready for occupancy
- Convenient access near public transportation, shopping, major highways, and Philadelphia International Airport and Center City
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 | $61.2k | $30.36 |
| − Vacancy | −$3.5k | −$1.76 |
| EGI | $57.7k | $28.60 |
| − OpEx | −$25.9k | −$12.87 |
| NOI | $31.7k | $15.73 |
2,016 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$453.0K
$396.4K – $528.5K
NOI $31,711 @ 7.0% cap · market cap 8.59%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$491.5K
$430.0K – $573.4K
NOI $34,403 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - CMX2-zoned 5-unit property with 3 occupied and 2 vacant units, providing flexible occupancy for an owner-operator or investor.
Where is this apartment building located?
The property is located at 7020 Woodland Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: CMX2‑zoned 5‑unit mixed‑use property at 7020 Woodland Ave in Southwest Philadelphia; 3 occupied units and 2 vacant units ready for occupancy; Convenient access near public transportation, shopping, major highways, and Philadelphia International Airport and Center City
