$324,900

1945 W HUNTING PARK AVE, Philadelphia, PA 19140

  • Property Icon other
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

INVESTMENT OPPORTUNITY – LEGAL 5-UNIT MULTIFAMILY IN GROWING PHILADELPHIA NEIGHBORHOOD | 7.6% CAP RATE Here’s your chance to own a legal five-unit apartment building in one of Philadelphia’s rapidly growing neighborhoods. Ideally situated near Route 1 and Broad Street, this property offers unbeatable convenience and strong rental demand. The building consists of: (3) One-bedroom units (2) Studio units Three of the five units have been recently renovated, and the entire property is in solid, well-maintained condition. With conservative rents projected (see attached pro forma), this investment offers a starting cap rate of 7.6%—and potential for increased returns with further updates or market rent adjustments. Highlights: Prime commuter location near major arteries Legal 5-unit building Renovations already completed in majority of units Strong cap rate in a developing market Whether you’re looking to expand your portfolio or enter the multifamily market, this property checks all the boxes: location, cash flow, and upside potential.

Listing Status:
Active
Data Last Updated:
May 9, 2026 at 4:19PM
Listing Office:
Re/Max One Realty : 2159538800
Listing Agent:
Edward J. McDonald Jr. : 2154429388
MLS ID:
PAPH2528390
  • Flooring: Luxury vinyl plank
  • A/C: None
  • Heating: Baseboard - ElectricNatural GasElectric
  • Disability Feature: None
  • Roofing: Flat
  • General: Masonry
  • Originating MLS: BRIGHT_MAIN
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA-PA
  • Zoning: CMX2881427225
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Edward J. McDonald Jr. , Re/Max One Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby