$ 3,500,000
-
$3,500,000
Price -
0
Bed -
0
Bath -
28,284
SqFt
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About the Listing 55728 - 3192668,3342185
Presenting the unique opportunity to acquire the fee simple interest in 4700 Stenton Avenue located in the Germantown neighborhood of Philadelphia, Pennsylvania. Germantown is a well-established residential submarket known for its strong rental demand, accessibility, and proximity to major employment centers throughout Northwest Philadelphia and Center City. 4700 Stenton Avenue is an adaptive reuse property consisting of 26 apartment units, featuring a mix of 58% one-bedroom units and 42% two-bedroom units. The Property offers functional layouts and modern kitchens with an industrial feel, providing residents with comfortable living spaces in a stable, workforce housing environment. The Property is currently 88% occupied with an average in-place rent of $995 per unit, demonstrating consistent tenant demand within the submarket. Based on the current rent roll and pro forma, there is meaningful upside potential through lease-up of vacant units and mark-to-market rent increases. The asset provides investors with stable in-place cash flow and the opportunity to increase net operating income through operational improvements, improved occupancy, and continued rent growth. It is expected to grow steadily as the surrounding neighborhood continues to gentrify.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Commercial Sale
MLS ®
PAPH2609030
Year Built
1900
Total Square Footage
28,284
Lot/Acreage
0.3
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 152.00 x 93.00
- Zoning: ICMX
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $30,960
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
4700 Stenton Ave Philadelphia, PA 19144
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