1945 W Hunting Park Ave, Philadelphia, PA 19140

Philadelphia
Local realty services provided by:ERA Reed Realty, Inc.
1945 W Hunting Park Ave,Philadelphia, PA 19140
$324,900
  • 3 Beds
  • - Baths
  • 2,575 sq. ft.
  • Multi-family
  • Active
Listed by: edward j. mcdonald jr.
Office: re/max one realty
MLS#:PAPH2528388
Source:BRIGHTMLS

Price summary

  • Price:$324,900
  • Price per sq. ft.:$126.17

About this home

INVESTMENT OPPORTUNITY – LEGAL 5-UNIT MULTIFAMILY IN GROWING PHILADELPHIA NEIGHBORHOOD | 7.6% CAP RATE Here’s your chance to own a legal five-unit apartment building in one of Philadelphia’s rapidly growing neighborhoods. Ideally situated near Route 1 and Broad Street, this property offers unbeatable convenience and strong rental demand. The building consists of: (3) One-bedroom units (2) Studio units Three of the five units have been recently renovated, and the entire property is in solid, well-maintained condition. With conservative rents projected (see attached pro forma), this investment offers a starting cap rate of 7.6%—and potential for increased returns with further updates or market rent adjustments. Highlights: Prime commuter location near major arteries Legal 5-unit building Renovations already completed in majority of units Strong cap rate in a developing market Whether you’re looking to expand your portfolio or enter the multifamily market, this property checks all the...

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Home facts

  • Year built:1940
  • Listing ID #:PAPH2528388
  • Added:228 day(s) ago
  • Updated:May 16, 2026 at 01:36 PM

Rooms and interior

  • Bedrooms:3
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,575 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Roof:Flat
  • Year built:1940
  • Building area:2,575 sq. ft.
  • Lot area:0.03 Acres
  • Lot Features:Corner Lot/Unit
  • Construction Materials:Brick
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$324,900
  • Price per sq. ft.:$126.17
  • Tax amount:$4,591 (2025)

Parking

  • Parking description:On Street

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