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1518 E Passyunk Ave

5 Unit Block of Flats £782,450 (£156,490/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 Annual Per SF
Gross Rental Income £55,945 £20.03
Other Income £2,817 £1.01
Vacancy Loss - -
Effective Gross Income £58,762 £21.04
Taxes £4,147 £1.48
Operating Expenses £1,800 £0.64
Total Expenses £5,947 £2.13
Net Operating Income £52,815 £18.91

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual £55,945
Annual Per SF £20.03
Other Income
Annual £2,817
Annual Per SF £1.01
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £58,762
Annual Per SF £21.04
Taxes
Annual £4,147
Annual Per SF £1.48
Operating Expenses
Annual £1,800
Annual Per SF £0.64
Total Expenses
Annual £5,947
Annual Per SF £2.13
Net Operating Income
Annual £52,815
Annual Per SF £18.91

Property Facts

Price £782,450
Price Per Unit £156,490
Sale Type Investment
No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.03 AC
Building Size 2,793 SF
Average Occupancy 100%
Number of Floors 3
Year Built/Renovated 1920/2021
Cross Streets Greenwich St
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881133051
Land Assessment
£199,525
Improvements Assessment
£465,558
Total Assessment
£665,083
Annual Taxes
£4,147 (£1.48/sf)
Tax Year
2024 Payable 2024

zoning

Zoning Code C2
C2
  • Listing ID: 33897017

  • Date on Market: 16/11/2024

  • Last Updated:

  • Address: 1518 E Passyunk Ave, Philadelphia, PA 19147

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