CHARIS REALTY GROUP

5926 BUSTLETON AVENUE 00

PHILADELPHIA, PA 19149

MLS#: PAPH2626838

$3,000,000

Status: Active
Listing number: PAPH2626838
Listing provided by: Longlong Zhan Real Estate Investment
Listing agent phone: None
Last update: 5 hours ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1965

Sq.Footage

15,000

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.33

  • Lot Size(square feet)

    14555.0

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $3,000,000

  • Tax Amount

    $13,298

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    287

  • Water Source

    Public

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Listing Courtesy of Zhan Su , Longlong Zhan Real Estate Investment

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Agent Jordan Fortson

AGENT

Jordan Fortson

Call Jordan today to schedule a private showing.

(717) 437-2802

jordan@charisrealty.com


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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.

5926 BUSTLETON AVENUE 00

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