$ 750,000
-
$750,000
Price -
5
Bed -
0
Bath -
900
SqFt
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About the Listing CPTLCMRE - 3124496
Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 5410 Springfield Ave: Financial Summary: Asking Price $750,000 Property Type Five Unit Multifamily Financial Summary Gross Monthly Income: $5,995 Gross Annual Income: $71,940 Annual NOI: Approximately $58,068 Cap Rate: 7.74% Property Highlights • Five-unit apartment building • Strong in-place cash flow • Recent appraisal available • Fully renovated • Stable tenancy • Excellent condition Building Information Utilities: Separately metered Electric paid by tenants Gas paid by tenants Water/Sewer paid by owner Heating Combination electric and gas heat Cooling -None Roof -Approximately 4 years old Water Heaters -Approximately 4 years old Electrical -Approximately 4 years old Plumbing -Approximately 4 years old Renovations -Complete renovation completed Unit Condition -Excellent Capital Improvements: Heater replacement anticipated around 2028 Parking -None Deferred Maintenance -None reported Environmental Concerns -None known
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 900
- Below Ground Sq Ft: 0
- Basement: Connecting Stairway
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 32.00 x 100.00
- Zoning: RM1
- Roof:
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $3,664
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
5410 Springfield Ave Philadelphia, PA 19143
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