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1518 E Passyunk Ave 5 Unit Apartment Building $1,194,746 CAD ($238,949 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 |
$97,184
|
$34.80
|
| Other Income |
$4,893
|
$1.75
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$102,077
|
$36.55
|
| Taxes |
$7,204
|
$2.58
|
| Operating Expenses |
$3,126
|
$1.12
|
| Total Expenses |
$10,330
|
$3.70
|
| Net Operating Income |
$91,747
|
$32.85
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $97,184 |
| Annual Per SF | $34.80 |
| Other Income (CAD) | |
|---|---|
| Annual | $4,893 |
| Annual Per SF | $1.75 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $102,077 |
| Annual Per SF | $36.55 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,204 |
| Annual Per SF | $2.58 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,126 |
| Annual Per SF | $1.12 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $10,330 |
| Annual Per SF | $3.70 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $91,747 |
| Annual Per SF | $32.85 |
PROPERTY FACTS
| Price | $1,194,746 CAD | Building Class | C |
| Price Per Unit | $238,949 CAD | Lot Size | 0.03 AC |
| Sale Type | Investment | Building Size | 2,793 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1920/2021 |
| Apartment Style | Low-Rise | Cross Streets | Greenwich St |
| Zoning | C2 - Retail Commercial District: Uses Permitted by Right. Personal & household service establishments D. Business, professional or governmental offices. | ||
| Price | $1,194,746 CAD |
| Price Per Unit | $238,949 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 |
| Zoning | C2 - Retail Commercial District: Uses Permitted by Right. Personal & household service establishments D. Business, professional or governmental offices. |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 881133051 | Total Assessment | $1,165,690 CAD (2026) |
| Land Assessment | $349,707 CAD (2026) | Annual Taxes | $7,204 CAD ($2.58 CAD/SF) |
| Improvements Assessment | $815,983 CAD (2026) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
881133051
Land Assessment
$349,707 CAD (2026)
Improvements Assessment
$815,983 CAD (2026)
Total Assessment
$1,165,690 CAD (2026)
Annual Taxes
$7,204 CAD ($2.58 CAD/SF)
Tax Year
2024 Payable 2024
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1518 E Passyunk Ave
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