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1518 E Passyunk Ave

5 Unit Apartment Building $1,417,470 CAD ($283,494 CAD/Unit) Philadelphia, PA 19147

Investment Highlights

  • Your chance to own a rare 5 unit apartment building on East Passyunk Avenue

Financial Summary (Pro forma - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $101,349 $36.29
Other Income $5,103 $1.83
Vacancy Loss - -
Effective Gross Income $106,452 $38.11
Taxes $7,513 $2.69
Operating Expenses $3,260 $1.17
Total Expenses $10,773 $3.86
Net Operating Income $95,679 $34.26

Financial Summary (Pro forma - 2024)

Gross Rental Income (CAD)
Annual $101,349
Annual Per SF $36.29
Other Income (CAD)
Annual $5,103
Annual Per SF $1.83
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $106,452
Annual Per SF $38.11
Taxes (CAD)
Annual $7,513
Annual Per SF $2.69
Operating Expenses (CAD)
Annual $3,260
Annual Per SF $1.17
Total Expenses (CAD)
Annual $10,773
Annual Per SF $3.86
Net Operating Income (CAD)
Annual $95,679
Annual Per SF $34.26

Property Facts

Price $1,417,470 CAD
Price Per Unit $283,494 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.03 AC
Building Size 2,793 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1920/2021
Cross Streets Greenwich St
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881133051
Land Assessment
$358,632 CAD
Improvements Assessment
$836,808 CAD
Total Assessment
$1,195,440 CAD
Annual Taxes
$7,513 CAD ($2.69 CAD/SF)
Tax Year
2024 Payable 2024

zoning

Zoning Code C2
C2
  • Listing ID: 33897017

  • Date on Market: 2024-11-16

  • Last Updated:

  • Address: 1518 E Passyunk Ave, Philadelphia, PA 19147

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