1945 W HUNTING PARK AVE Philadelphia, PA 19140
2,575 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,575 sqft
Price per Sqft $126
MLS Listing ID PAPH2528388
Style Other
Abv Grd Liv Area 2,575
Year Built 1940
Annual Tax Amount $4,591
Tax Year 2025
Lot Size 1,172 Sqft
Acres 0.03
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Here's your chance to own a legal five-unit apartment building in one of Philadelphia's rapidly growing neighborhoods. Ideally situated near Route 1 and Broad Street, this property offers unbeatable convenience and strong rental demand.
The building consists of:
(3) One-bedroom units
(2) Studio units
Three of the five units have been recently renovated, and the entire property is in solid, well-maintained condition. With conservative rents projected (see attached pro forma), this investment offers a starting cap rate of 7.6%—and potential for increased returns with further updates or market rent adjustments.
Highlights:
Prime commuter location near major arteries
Legal 5-unit building
Renovations already completed in majority of units
Strong cap rate in a developing market
Whether you're looking to expand your portfolio or enter the multifamily market, this property checks all the boxes: location, cash flow, and upside potential.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning CMX2
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Above Ground Finished SqFt 2575
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881427225
Ownership Fee Simple
SqFt Source 2575
Special Listing Condition Standard
Nearby Locations
- 5
Alliance for Progress Charter School
Public | KG - 8
- 5
Eugenio Maria de Hostos Charter School
Public | KG - 8
- 5
Conwell Russell Middle School
Public | 5 - 8
- 4
Robert Morris School
Public | KG - 8
- 4
Emlen Elementary School
Public | KG - 5
- 4
Bache-Martin Elementary School
Public | PK - 8
- 4
Wissahickon Charter School
Public | KG - 8
- 4
Mastery Charter School - Francis D. Pastorius Elemen
Public | KG - 8
- 4
Kipp Philadelphia Charter School
Public | KG - 12
- 4
John F. Hartranft School
Public | PK - 8
- 4
John Moffet Elementary School
Public | KG - 5
- 4
Antonia Pantoja Community Charter School
Public | KG - 8
- 4
Adaire Alexander School
Public | KG - 8
- 4
Thomas K. Finletter Academics Plus School
Public | KG - 8
- 4
Grover Washington, Jr. Middle School
Public | 5 - 8
- 3
Charles W. Henry School
Public | KG - 8
- 3
Thomas Mifflin School
Public | PK - 8
- 3
Imani Educationl Circle Charter School
Public | KG - 8
- 3
Fitler Academics Plus
Public | 1 - 8
- 3
Grover Cleveland Mastery Charter School
Public | KG - 8
- 9
Hill J E/Freedman Samson
Public | 6 - 9
- 4
Mastery Charter School-Pickett Campus
Public | 6 - 12
- 4
Esperanza Cyber Charter School
Public | 6 - 12
- 3
Esperanza Academy Charter High School
Public | 6 - 12
- 2
Eastern University Academy Charter School
Public | 7 - 12
- 2
Anna Blakiston Day School
Public | EE - 8
- 2
The Promise Academy at Roberto Clemente Middle School
Public | 6 - 8
- 1
General Louis Wagner Middle School
Public | 6 - 8
- 1
Penn Treaty
Public | 6 - 12
- 1
Feltonville School of Arts and Sciences
Public | 6 - 8
- 0
Wakisha Charter School
Public | 6 - 8
- 0
Truebright Science Academy Charter School
Public | 7 - 12
- 9
Central High School
Public | 9 - 12
- 7
Carver High School
Public | 9 - 12
- 7
Bodine William W High School
Public | 9 - 12
- 6
Girls High School
Public | 9 - 12
- 5
Philadelphia Military Academy at Elverson
Public | 9 - 12
- 5
Multi-Cultural Academy Charter School
Public | 9 - 12
- 2
Randolph A. Philip Avt High School
Public | 9 - 12
- 1
School of the Future
Public | 9 - 12
- 1
Strawberry Mansion High School
Public | 9 - 12
- 1
Dobbins Avt High School
Public | 9 - 12
- 1
Promise Academy at Martin Luther King High School
Public | 9 - 12
- 1
Act Academy Cyber Charter School
Public | 9 - 12
- 1
Mastery Charter School at Gratz
Public | 9 - 12
- 1
Imhotep Institute Chs
Public | 9 - 12
- 1
Delaware Valley Chs
Public | 9 - 12
- 1
Kensington Creative & Performing Arts High School
Public | 9 - 12
- 1
Edison / Fareira High School
Public | 9 - 12
- 1
Kensington Health Sciences Academy
Public | 9 - 12
- 1
Kensington International Business High School
Public | 9 - 12
- 1
Kensington Urban Education
Public | 9 - 12