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Six Property (37 UNIT) APARTMENT PORTFOLIO

PHILADELPHIA , PA 19144

MLS#: PAPH2531440

$7,135,000

Status: Active
Listing number: PAPH2531440
Listing provided by: Compass Pennsylvania, LLC
Listing agent phone: None
Last update: 9 hours ago
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Property

Beds

None

Full Baths

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1/2 Baths

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Year Built

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Sq.Footage

N/A

Superb turn-key commercial investment package. Includes six (6) fully occupied, income- generating apartment buildings (37 total units) in excellent locations. 23 units in red-hot Germantown. 9 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings-some with remaining tax abatements ✅ Solid Cap Rates! ✅ Each of the apartment buildings and every unit is fully turnkey, and in excellent condition ✅ fully separated gas and electric ✅ All units legally zoned with active rental licenses corresponding to exact number of units✅ All units legally zoned with active rental licenses corresponding to exact number of units ✅ include in-unit dishwasher and washer/dryer (every unit!) ✅ new or newer stainless-steel appliances in virtually every unit (three of the 37 units have white appliances in great condition) ✅ granite countertops (three units have Formica in great condition) ✅ Some units with nice outdoor space as well ✅ Each unit has reasonable rents for its desirable location and pristine condition—exactly what tenants are looking for. These units are always easy to rent. ✅ The current owner values both quality tenants and no vacancies. Most leases run into mid-2026. All buildings well-cared for and maintained-with a striking pride of ownership! The apartment building breakdown is as follows: 4529 Pulaski Avenue (14 units)—(2022-year-old ground-up—Tax Abatement thru 2031)—$2,550,000. ✅ 4637 Germantown Avenue (9 units)—(2024 ground up new construction-Tax Abatement thru 2035)—$1,635,000 ✅ These two buildings are a few blocks apart and would also be available as a solid 23-unit mini package at $4,185,000✅ Superb location in burgeoning Wayne Junction-walkable to Attic Brewing, Deke's etc. Right off the Roosevelt Extension (US1)✅ 1148 & 1150 S 15th Streets (6 units) (being sold together; both 2014 new construction)—$1,400,000 ✅1149 S 15th Street (3 units)—(available individually or with 1148-1150; 2008 total rehab)—$625,000✅1149 is directly across the street. All nine 15th Street units available for $2,025,000 ✅A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more). Walk to Center City, Italian Market, etc.✅ 5027 Spruce Street (5 units)—(2017 ground up new construction—Tax abatement thru 2026)—$925,000 ✅ Lovely University City block. Walk to tons of restaurants and shops; Penn, HUP, CHOP, and Drexel; great access to SEPTA. ✅ Excellent numbers—the entire package offers a 6.92% cap rate (Offering memorandum available upon request. Includes individual building rents, terms, expenses, NOIs, cap rates, and other information.) ✅ Two Development Opportunities are also available for sale (not included in the price or information regarding this package): 5037 Wissahickon Avenue--Zoning approval for 18 residential units and one commercial space—$625,000 ✅ 4633 Germantown Avenue—Vacant lot with potential to also acquire city owned corner lot next door and build a 9-unit building by right ($50,000). The city-owned lot is 4535 Germantown and is directly across the street from the 4637 Germantown 9-unit property. Note that the 4633 Germantown vacant lot goes street to street but has a clear encroachment built onto the rear portion. ✅ SEE OFFERING MEMORANDUM FOR BED/BATH BREAKDOWN AND FINANCIALS (Available upon Request).

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Forced Air, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.33

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $7,135,000

  • Tax Amount

    36047.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    60

  • Water Source

    Public

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Listing Courtesy of Jeffrey Block , Compass Pennsylvania, LLC

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Superb turn-key commercial investment package. Includes six (6) fully occupied, income- generating apartment buildings (37 total units) in excellent locations. 23 units in red-hot Germantown. 9 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings-some with remaining tax abatements ✅ Solid Cap Rates! ✅ Each of the apartment buildings and every unit is fully turnkey, and in excellent condition ✅ fully separated gas and electric ✅ All units legally zoned with active rental licenses corresponding to exact number of units✅ All units legally zoned with active rental licenses corresponding to exact number of units ✅ include in-unit dishwasher and washer/dryer (every unit!) ✅ new or newer stainless-steel appliances in virtually every unit (three of the 37 units have white appliances in great condition) ✅ granite countertops (three units have Formica in great condition) ✅ Some units with nice outdoor space as well ✅ Each unit has reasonable rents for its desirable location and pristine condition—exactly what tenants are looking for. These units are always easy to rent. ✅ The current owner values both quality tenants and no vacancies. Most leases run into mid-2026. All buildings well-cared for and maintained-with a striking pride of ownership! The apartment building breakdown is as follows: 4529 Pulaski Avenue (14 units)—(2022-year-old ground-up—Tax Abatement thru 2031)—$2,550,000. ✅ 4637 Germantown Avenue (9 units)—(2024 ground up new construction-Tax Abatement thru 2035)—$1,635,000 ✅ These two buildings are a few blocks apart and would also be available as a solid 23-unit mini package at $4,185,000✅ Superb location in burgeoning Wayne Junction-walkable to Attic Brewing, Deke's etc. Right off the Roosevelt Extension (US1)✅ 1148 & 1150 S 15th Streets (6 units) (being sold together; both 2014 new construction)—$1,400,000 ✅1149 S 15th Street (3 units)—(available individually or with 1148-1150; 2008 total rehab)—$625,000✅1149 is directly across the street. All nine 15th Street units available for $2,025,000 ✅A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more). Walk to Center City, Italian Market, etc.✅ 5027 Spruce Street (5 units)—(2017 ground up new construction—Tax abatement thru 2026)—$925,000 ✅ Lovely University City block. Walk to tons of restaurants and shops; Penn, HUP, CHOP, and Drexel; great access to SEPTA. ✅ Excellent numbers—the entire package offers a 6.92% cap rate (Offering memorandum available upon request. Includes individual building rents, terms, expenses, NOIs, cap rates, and other information.) ✅ Two Development Opportunities are also available for sale (not included in the price or information regarding this package): 5037 Wissahickon Avenue--Zoning approval for 18 residential units and one commercial space—$625,000 ✅ 4633 Germantown Avenue—Vacant lot with potential to also acquire city owned corner lot next door and build a 9-unit building by right ($50,000). The city-owned lot is 4535 Germantown and is directly across the street from the 4637 Germantown 9-unit property. Note that the 4633 Germantown vacant lot goes street to street but has a clear encroachment built onto the rear portion. ✅ SEE OFFERING MEMORANDUM FOR BED/BATH BREAKDOWN AND FINANCIALS (Available upon Request).

Six Property (37 UNIT) APARTMENT PORTFOLIO

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