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Investment Highlights

  • Shared roof deck
  • BEC alarm panels in each unit
  • Amazon locker in lobby
  • Garage/covered parking

Executive Summary

4304 Cresson Street (a.k.a The Trestle Apartments) presents a rare opportunity to acquire a turnkey, 18-unit apartment building with 1:1 covered parking one block from Manayunk’s vibrant commercial corridor, in the heart of one of Philadelphia’s most supply-constrained and renter-driven sub-markets. Constructed in 2016, the property offers investors modern construction, strong in-place amenities, and minimal near-term capital expenditure requirements. The property has assumable debt at 3.43% interest rate with 5 years remaining on the term. Inquire for details. The asset features a well-designed unit mix of 1, 2, and 3 bedroom units, each with in-unit washer and dryers, private balconies, and modern kitchens equipped with microwaves, dishwashers, and central air conditioning. Residents benefit from multiple common areas, including an interior shared courtyard and a shared roof deck, enhancing tenant retention and rental appeal. Additional building amenities include a garage and covered parking, a highly sought-after feature in Manayunk, as well as an Amazon locker system in the lobby for secure package delivery. Each unit is equipped with BEC alarm panels, providing an added layer of security and operational efficiency. Located just steps from Main Street Manayunk, public transit, and regional trail systems, 4304 Cresson Street combines walkability, modern construction, and strong rental demand. 4304 Cresson Street is ideally suited for investors seeking a stable, low-maintenance multifamily asset in a proven Philadelphia sub-market.

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 $6,864,900 CAD
Price Per Unit $381,383 CAD
Sale Type Investment
Cap Rate 6.15%
No. Units 18
Property Type Multifamily
Lot Size 0.22 AC
Building Size 19,120 SF
No. Stories 3
Year Built 2016
Zoning CMX-2.5

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $2,368 CAD 664 - 736
2+1 9 $2,931 CAD 678 - 813
2+2 2 $2,883 CAD 846
3+2 2 $2,815 CAD 846
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
  • Listing ID: 39872020

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 4304 Cresson St, Philadelphia, PA 19127

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