For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

825 Corinthian Ave Philadelphia, PA 19130

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

Prime Philadelphia multifamily, high ROI.

Property size:
5,280 SF

Property Features for 825 Corinthian Ave

General Information

Property type
Multifamily properties
Square Feet
5,280 SF
Class
A

Building Details

Year Renovated
2021
Buildings
1
Stories
3
Units
5

We can help!

Listing Contact
Rich Cassell
Rich Cassell

Listing Agency: Keller Williams Philly Listing Agent: Rich Cassell

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional Class A, fee-simple investment property at 825 Corinthian Ave, Philadelphia, PA 19130, presents a compelling opportunity. The 5-unit apartment building, totaling 5,280 square feet, boasts a strong 80% occupancy rate and a projected gross annual rent of $157,200. Completely renovated in 2021, the three-story building features a mix of studio, one, and two-bedroom apartments, each averaging approximately 650 square feet. The building also includes a ground-floor commercial space, adding to its versatility and income potential. Situated on a 2,062 square foot lot, the property benefits from 38 square feet of available air rights and is zoned CMX1. The current pro-forma NOI stands at $137,091, yielding an attractive 8.84% pro-forma cap rate and an 8.81% current cap rate. Conveniently located two blocks from Fairmount Avenue, a major commercial corridor in Philadelphia, the property offers easy access to amenities, schools, and transportation. Street parking is available. Importantly, there are no low-income or rent-controlled units, ensuring stable and predictable cash flow. A management company is available to oversee the building, providing further convenience for the owner. This property offers significant upside potential for appreciation, given its location and historically stable values in the area. The asking price is $1,550,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Skin Care Clinic Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Philadelphia
State
Pennsylvania
Longitude
-75.170834980443
Latitude
39.970259660167

FAQs

What type of property is this?
Multifamily property - Prime Philadelphia multifamily, high ROI.
Where is this multifamily property located?
The property is located at 825 Corinthian Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Owner-occupied multifamily property.; $157,200 projected annual gross rent, all units occupied.; Five-unit building with a mix of studio, one-, and two-bedroom apartments.
(609) 217-1577 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message