PHILADELPHIA, PA 19132 Philadelphia, PA 19132

Building Details

Year built

2023

Listing agent Philly Home Advisors Show Phone

Listing office BHHS Fox & Roach Center City-Society Hill A***@foxroach.com PA Show Phone

Listing date Apr 21, 2026

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MLS# PAPH2611126

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.

Built in 2023, this fully occupied 11-unit mixed-use property includes one ground-floor commercial space and 10 residential units. The residential mix features one studio, eight one-bedroom units, and one two-bedroom unit. Units are separately metered and equipped with individual mechanical systems, with in-unit washers and dryers. Select units include private balconies. Storage income is also included, with $500 per month generated from storage.

Located in Philadelphia, the property is presented as being within steps of Temple University’s main campus and Temple University Hospital. The listing notes rental demand tied to those employers and that residential units are leased to PHA tenants with rents secured. The offering is further described as having recently passed reinspection. The property also benefits from a ten-year tax abatement with over six years remaining.

The listing states the property generates $184,860 in annual gross rental income, and it provides investment metrics including a 1.33 DSCR and a 7.79% cap rate.

Key Highlights

• 11‑unit mixed‑use property built in 2023, fully occupied
• One studio, eight 1‑bedroom, one 2‑bedroom plus ground‑floor commercial space
• Annual gross rental income of $184,860 plus $500/month ($6,000/year) storage income

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FAQs

What type of property is this?

Apartment building - Built in 2023, this fully occupied 11-unit mixed-use property includes ground-floor commercial space and separate metering.

Where is this apartment building located?

The property is located at Philadelphia, PA.

What is the asking price?

The asking price for this property is $1,970,000.

What are key features of this property?

This property features: 11‑unit mixed‑use property built in 2023, fully occupied; One studio, eight 1‑bedroom, one 2‑bedroom plus ground‑floor commercial space; Annual gross rental income of $184,860 plus $500/month ($6,000/year) storage income