274-76 South 58th Street

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274-76 South 58th Street

Philadelphia, PA 19139
Asking Price
$795K
Cap Rate
7.64%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 7.64% CAP | 6 Units <ul><li>​6-Unit Multifamily Asset | All two-bedroom, one-bathroom apartments.</li><li>​Desirable Unit Mix | Large-format 2BD/2BA layouts support strong demand from workforce renters and students</li><li>​Stabilized Income with Upside | Five of six units occupied with one vacancy, offering immediate leaseup potential to increase in-place income.</li><li>​Updated Interiors | Units have been renovated and are in good condition, minimizing near-term capital expenditures.</li><li>​Transit-Oriented Lo

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NOI
$80,000
Cap Rate
10.06%
DSCR
1.69
Strong
Cash-on-Cash
13.75%
Monthly Payment
$3,933.226
Annual Cash Flow
$32,801.285

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