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222 W Chew Ave 8 Unit Apartment Building $986,191 CAD ($123,274 CAD/Unit) Philadelphia, PA 19120
Executive Summary
Corner property. Value-Add oppertunity.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$131,492
|
$26.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,142
|
$0.83
|
| Effective Gross Income |
$127,350
|
$25.47
|
| Taxes |
$21,514
|
$4.30
|
| Operating Expenses |
$20,546
|
$4.11
|
| Total Expenses |
$42,060
|
$8.41
|
| Net Operating Income |
$85,290
|
$17.06
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $131,492 |
| Annual Per SF | $26.30 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $4,142 |
| Annual Per SF | $0.83 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $127,350 |
| Annual Per SF | $25.47 |
| Taxes (CAD) | |
|---|---|
| Annual | $21,514 |
| Annual Per SF | $4.30 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $20,546 |
| Annual Per SF | $4.11 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $42,060 |
| Annual Per SF | $8.41 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $85,290 |
| Annual Per SF | $17.06 |
Property Facts
| Price | $986,191 CAD | Building Class | C |
| Price Per Unit | $123,274 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 5,000 SF |
| No. Units | 8 | Average Occupancy | 88% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1927 |
| Apartment Style | Low-Rise | ||
| Zoning | R5 | ||
| Price | $986,191 CAD |
| Price Per Unit | $123,274 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 88% |
| No. Stories | 3 |
| Year Built | 1927 |
| Zoning | R5 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Very walkable
80/100
Fairly drivable
40/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 881217110 | Total Assessment | $1,561,166 CAD |
| Land Assessment | $789,348 CAD | Annual Taxes | $21,514 CAD ($4.30 CAD/SF) |
| Improvements Assessment | $771,818 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
881217110
Land Assessment
$789,348 CAD
Improvements Assessment
$771,818 CAD
Total Assessment
$1,561,166 CAD
Annual Taxes
$21,514 CAD ($4.30 CAD/SF)
Tax Year
2026
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222 W Chew Ave
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