$ 825,000
-
$825,000
Price -
2,064
SqFt -
0.02
Acre
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About the Listing 55911 - 3319656
Rare opportunity to acquire a fully leased, renovated 5-unit multifamily property in Philadelphia’s desirable Graduate Hospital neighborhood. This 3-story, approximately 2,064 SF building consists of five studio apartments and underwent significant renovations in 2021. The property is zoned RM-1 and offers investors a stabilized, turnkey asset in a highly walkable Center City-adjacent location with convenient access to Rittenhouse Square, major employment centers, hospitals, universities, public transportation, dining, shopping and neighborhood amenities. The current rent roll totals approximately $6,325 per month / $75,900 annually, with all five apartments currently leased through August 31, 2027, providing immediate in-place cash flow and limited near-term leasing exposure. Based on the latest operating statement, annual operating expenses are approximately $20,357, resulting in an indicated NOI of approximately $55,543. At the $825,000 asking price, this represents an approximately 6.73% going-in cap rate. An attractive opportunity for an investor seeking a manageable multifamily asset with renovated units, established income and long-term appreciation potential in one of Philadelphia’s most sought-after residential rental markets. Buyer to independently verify all property information, zoning, leases, expenses and financial data.
Listing Highlights for 1725 Bainbridge St
Status
Pending
Days on Site
52
Property Type
Multi-Family
MLS ®
PAPH2670416
Year Built
1915
Total Square Footage
2,064
Lot/Acreage
0.02
County
Philadelphia
Neighborhood
Graduate Hospital
Area
19146 (19146)
School District
The School District Of Philadelphia
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2064
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 16.00 x 67.00
- Zoning: RM1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $6,796
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Listing Location
Questions About..
1725 Bainbridge St Philadelphia, PA 19146
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