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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.
Source: BRIGHT MLS, MLS#: PAPH2626838
