Property Description
Rare 25-unit multifamily investment opportunity with an approximate 8.84% cap rate and strong in-place cash flow. This well-maintained apartment building located on Bustleton Avenue in Northeast Philadelphia offers investors immediate income, stable operations, and long-term appreciation potential. Generating an NOI of approximately $265,200, the property benefits from strong occupancy history, consistent rental demand, and a desirable location within one of Philadelphia’s most established residential corridors. Residents enjoy convenient access to public transportation, major highways, shopping centers, restaurants, healthcare facilities, and employment hubs. A standout feature of the property is its durable all-brick construction, a rarity among multifamily assets in the area. The brick exterior provides long-term durability, reduced maintenance requirements, and timeless curb appeal, contributing to the property’s overall investment quality. Professionally maintained and positioned in a strong rental market, this stabilized asset presents an excellent opportunity for investors seeking reliable cash flow, portfolio growth, or a 1031 exchange acquisition. Properties of this scale, condition, and income profile are seldom available in Northeast Philadelphia. Contact listing agent for financial information, rent roll, and additional property details.
Feature Descriptions
Accessibility: 2+ Access Exits, Level Entry - Main
Days on Site: 3
Exterior: Masonry
Lot Dimensions: 0.33 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 12
Units: 1
Water: Public
5926 00 Bustleton Avenue | MLS# PAPH2626838
This commercial property located at 5926 00 Bustleton Avenue , Philadelphia, PA 19149 is currently listed for sale with an asking price of $3,000,000. 00 Bustleton Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymarkllc.com today.