$ 975,000
-
$975,000
Price -
0
Bed -
0
Bath -
6,750
SqFt
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About the Listing TCRELLC1 - 3379899
Trophy Commercial Real Estate, LLC is pleased to present 1412 Windrim Avenue, a 9-unit multifamily investment opportunity in Philadelphia. Offered at $975,000, the property totals approximately 6,750 rentable square feet and features four one-bedroom / one-bathroom units and five two-bedroom / one-bathroom units, with each residence averaging approximately 750 square feet. The property generates $119,988 in current gross potential rent, with average rents of approximately $1,111 per unit per month. At an asking price of $975,000, the offering represents an attractive basis of approximately $108,333 per unit and $144.44 per square foot. Current operations generate approximately $69,547 in Net Operating Income, equating to a 7.13% in-place cap rate. Year 1 underwriting projects NOI increasing to approximately $74,961, resulting in a 7.69% cap rate, providing investors with an opportunity to acquire an income-producing multifamily asset with a strong going-in yield and continued cash-flow growth.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Commercial Sale
MLS ®
PAPH2671252
Year Built
1920
Total Square Footage
6,750
Lot/Acreage
0.08
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Multi Units
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private,Public,Other
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RM1
- Roof:
- Others:
- Sewer: Other
- Parking Features: Driveway,On Street
Financial Details
- Tax Amount: $10,343
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
1412 Windrim Ave Philadelphia, PA 19141
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