6126-28 Bingham St, Philadelphia, PA 19111

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6126-28 Bingham St,Philadelphia, PA 19111
$1,400,000
  • 10 Beds
  • - Baths
  • 4,608 sq. ft.
  • Multi-family
  • Active
Listed by: jania daniels
Office: real of pennsylvania
MLS#:PAPH2457966
Source:BRIGHTMLS

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$303.82

About this home

Unlock the potential of this rare 10-unit multifamily gem, a prime value-add investment offering immediate cash flow and long-term appreciation in Northeast Philadelphia’s high-demand rental market. Featuring ten well-designed 1-bedroom units, each 500 sq. ft. with a living room, eat-in kitchen, bedroom, and full bathroom with a tub, this property presents an exceptional opportunity for investors. With five vacant units and five current tenants paying below-market rents and leases up between July and September, the potential to increase cash flow is immediate, with market rents projected at $1,440 per unit, generating up to $14,000+ in monthly rental income. Whether you choose to modernize units with light cosmetic updates or take advantage of guaranteed Section 8 rental income, this property is an ideal high-yield investment. Offered at $1.4M with a current 7% cap rate, and the potential of a 10.67% cap rate along with low annual taxes under $6,000, this asset is positioned for

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Home facts

  • Year built:1957
  • Listing ID #:PAPH2457966
  • Added:284 day(s) ago
  • Updated:December 26, 2025 at 02:29 PM

Rooms and interior

  • Bedrooms:10
  • Living area:4,608 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Natural Gas

Structure and exterior

  • Roof:Flat
  • Year built:1957
  • Building area:4,608 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$303.82
  • Tax amount:$5,999 (2024)

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