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33,090 sqft

$5,300,000

Five Property (34 UNIT) APARTMENT PORTFOLIO, PHILADELPHIA PA, 19144

Price per sqft$160.17
Property size33,090 sqft
Property typeCommercial

Overview

Sold

Closed-bright

Listed Apr 28, 2026

Updated 22h ago

Superb turn-key commercial investment package. Includes five(5) fully occupied, income- generating apartment buildings (34 total units) in excellent locations. 23 units in red-hot Germantown. 6 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 ✅ include in-unit dishwasher and washer/dryer (every unit!) ✅ new or newer stainless-steel appliances in every unit ✅ granite countertops ✅ 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! Details on the portfolio and all package combinations include--Superb turn-key commercial investment package. Includes 5 fully occupied, income-generating apartment buildings (34 total units) in excellent locations. 23 units in red-hot Germantown. 6 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings, some with remaining tax abatements✅ Proper Zoning and Active Rental Licenses for every unit ✅ Solid Cap Rates!✅ Each apartment building is fully turnkey, and in excellent condition✅ Fully separated gas and electric ✅ All units include in-unit dishwasher and washer/dryer✅ New or newer stainless-steel appliances & granite countertops in all units ✅ 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. Always easy to rent✅ The current owner values both quality tenants and no vacancies. All leases run into mid-2026. All buildings well-cared for and maintained with a striking pride of ownership. ✅ The 5-building breakdown is as follows: 4529 Pulaski (14 units—2022 ground-up new construction--Tax Abatement thru 2031)—$2,275,000✅ 4637 Germantown (9 units—2024 ground up new construction-Tax Abatement thru 2035)—$1,525,000✅ These two buildings are a few blocks apart and are also available as a solid 23-unit mini package at $3,800,000. Superb location in burgeoning Wayne Junction-walkable to Attic Brewing, Deke's etc. Transit hub and Right off the Roosevelt Extension (US1)✅ 1148 & 1150 S 15th (6 units being sold together or as two separate triplexes; both 2014 new construction)—$1,400,000 (or $700,000 each) ✅ 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. Easy walk to East Passyunk, Italian Market, and Center City✅ 5027 Spruce Street (5 units—2017 ground up new construction—Tax abatement thru 2026)—$825,000. Lovely University City block. Walk to tons of restaurants and shops; Penn, HUP, CHOP, and Drexel; great SEPTA access. ✅ Excellent numbers—the entire package offers a 7.66% cap rate. OFFERING MEMORANDUM available upon request. Includes individual building rents, terms, expenses, NOIs, cap rates, and other information.✅ Two additional Development Opportunities are also available for purchase: 5037 Wissahickon—Zoning approval for 18 residential units and one commercial space—$475,000✅ 4633 Germantown—Vacant lot with potential to also acquire city owned corner lot next door and build a 9-unit building by right—$27,500. The city-owned lot is 4635 Germantown ✅ SEE OFFERING MEMORANDUM FOR BED/BATH BREAKDOWN AND FINANCIALS.

Additional information

MLS® ID
PAPH2531440

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Taxes
$36,047
Tax Frequency
Annually
MLS provider logo

Listed by Compass Pennsylvania, LLC
Listing Contact: 2158337088 

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/25/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/25/2026 at 11:40 PM UTC

 

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