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$1,720,000
24 Days On Site

6904 RISING SUN AVENUE 00 A
PHILADELPHIA, PA 19111

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
20,670
SqFt
$83
/SqFt
1960
Built
County:
PHILADELPHIA
Listing courtesy of Longlong Zhan Real Estate Investment

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6904 RISING SUN AVENUE 00 A6904 RISING SUN AVENUE 00 A6904 RISING SUN AVENUE 00 A6904 RISING SUN AVENUE 00 A
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PRICE TO SELL!!!!!16-Unit Multifamily Investment Opportunity | 6904 Rising Sun Avenue, Philadelphia, PA Exceptional opportunity to acquire a 16-unit multifamily apartment building in Philadelphia, featuring 12 spacious one-bedroom apartments and 4 two-bedroom apartments. This income-producing property offers a desirable unit mix, diversified rental income, and an attractive opportunity for investors seeking to expand their multifamily portfolio. Based on the provided rent roll and operating expense figures, the property generates approximately $216,600 in annual gross rental income and an estimated Net Operating Income (NOI) of $157,322 per year, representing an approximate 72.6% NOI margin. With an established rental income profile and potential opportunities for future rental growth and operational improvements, this property presents an appealing investment opportunity for both experienced multifamily investors and portfolio buyers. Property Highlights: * 16 residential units * 12 spacious one-bedroom apartments * 4 two-bedroom apartments * Annual gross rental income: approximately $216,600 * Estimated annual NOI: approximately $157,322 * Attractive income-producing multifamily investment opportunity Contact the listing agent for additional information and to schedule a showing.

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Listing Snapshot
Price 
$1,720,000
Days On Site 
24 Days
Bedrooms 
N/A
Inside Area (SqFt) 
20,670 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.45 Acres
Year Built 
1960
MLS Number 
PAPH2677602
Status 
Active
Property Tax 
$23,863
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
yesterdayPrice changed to $1,720,000
yesterdayListing updated with changes from the MLS
3 weeks agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Acres 
0.45
Parking 
On Street
Parking Spaces 
9
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
20670
Utilities 
Cable Available
Water Source 
Public
Zoning 
RSA3
Interior Features
Appliances 
Gas Water Heater
Heating 
CentralNatural GasForced Air
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Community Features
MLS Area 
19111 (19111)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Longlong Zhan Real Estate Investment



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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