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118 S 46th St 2 Unit Apartment Building $828,419 CAD ($414,209 CAD/Unit) 5.43% Cap Rate Philadelphia, PA 19139
Investment Highlights
- 20' frontage on S 46th St
- Hard wired smoke and fire system
- Quick access to major thoroughfares such as I-76 and US Route 1 provides efficient travel to Center City and regional destinations.
- Central A/C and heat, mini-split wall units
- W/D in unit
- The location benefits from strong retail and dining amenities along Baltimore Avenue and Market Street, fostering a vibrant community atmosphere.
Executive Summary
Seller owns additional real estate in the same immediate area and would consider a portfolio sale. Contact broker for more information.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $828,419 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $414,209 CAD | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 2,600 SF |
| Cap Rate | 5.43% | No. Stories | 2 |
| No. Units | 2 | Year Built | 1925 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | RM1 - Residential Multi-Family District –1, | ||
| Price | $828,419 CAD |
| Price Per Unit | $414,209 CAD |
| Sale Type | Investment |
| Cap Rate | 5.43% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.06 AC |
| Building Size | 2,600 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Opportunity Zone |
Yes |
| Zoning | RM1 - Residential Multi-Family District –1, |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 2 | $2,832 CAD | - |
1 1
Exceptionally walkable
90/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 601075800 | Total Assessment | $525,656 CAD |
| Land Assessment | $105,131 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $420,525 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
601075800
Land Assessment
$105,131 CAD
Improvements Assessment
$420,525 CAD
Total Assessment
$525,656 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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118 S 46th St
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