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$750,000
31 Days On Site

5410 SPRINGFIELD AVENUE
PHILADELPHIA, PA 19143

For Sale|Multi Family|Active
5
Beds
0
Total Baths
900
SqFt
$833
/SqFt
1925
Built
Subdivision:
KINGSESSING
County:
PHILADELPHIA
Listing courtesy of Capital Commercial Real Estate Group

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Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 5410 Springfield Ave: Financial Summary: Asking Price $750,000 Property Type Five Unit Multifamily Financial Summary Gross Monthly Income: $5,995 Gross Annual Income: $71,940 Annual NOI: Approximately $58,068 Cap Rate: 7.74% Property Highlights • Five-unit apartment building • Strong in-place cash flow • Recent appraisal available • Fully renovated • Stable tenancy • Excellent condition Building Information Utilities: Separately metered Electric paid by tenants Gas paid by tenants Water/Sewer paid by owner Heating Combination electric and gas heat Cooling -None Roof -Approximately 4 years old Water Heaters -Approximately 4 years old Electrical -Approximately 4 years old Plumbing -Approximately 4 years old Renovations -Complete renovation completed Unit Condition -Excellent Capital Improvements: Heater replacement anticipated around 2028 Parking -None Deferred Maintenance -None reported Environmental Concerns -None known

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Listing Snapshot
Price 
$750,000
Days On Site 
31 Days
Bedrooms 
5
Inside Area (SqFt) 
900 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1925
MLS® Number 
PAPH2654814
Status 
Active
Property Tax 
$3,664
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.07
Foundation 
Brick/Mortar
Parking 
On Street
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
900
SqFt Total 
900
Style 
AirLite
Utilities 
Cable AvailableNatural Gas AvailableElectricity Available
Water Source 
Public
Zoning 
RM1
Interior Features
Appliances 
Gas Water Heater
Heating 
ElectricBaseboard
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Exterior Features
Pool Features 
None
Community Features
MLS Area 
19143 (19143)
School District 
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Capital Commercial Real Estate Group



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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