Offered At: $1,550,000
Projected: $157,200 Gross Rent ⸰ Projected: 8.8% Cap ⸰ 12.1% COC
Investment Highlights
- Building: 5 units comprising of 4 residential units and 1 commercial. 1 vacant residential and lease being executed for commercial. 3 two bed 1 bath and studio loft.
- Taxes: $10,136
- Building Size: 5,280 sf on a 2062 sf lot.
- Features: Double wide corner property.
- Neighborhood: Fairmont - A+ area.
Stunning Renovated 5-Unit Property in a Prime Location!
- Projected Gross Rent: $157,200 Annually - All Tenants Paying
- 5-unit Property Consisting Of Studio 1 & 2-bedroom Apartments
- Average Unit Size ~650 Square Feet And Bi Level
- Street Parking Available And No Low-Income Or Controlled Rent Requirement
- 2 Blocks from Fairmount Ave - A Major Commercial Coordinator in Philadelphia
- Management Company Available To Oversee The Building
- Large Upside In Appreciation With Historically Steady Values
835 Corinthian Ave is a beautifully renovated 5-unit multi-family building that blends classic charm with modern elegance. Ideal for investors or homebuyers seeking rental income, this property features a large commercial space on the first floor and four residential units above. Each unit is thoughtfully designed with high-end finishes, including hardwood floors, stylish kitchens, and luxurious bathrooms. Located in a sought-after area with easy access to amenities, schools, and transportation, this property is perfectly positioned for both tenants and owners.
This building would make an excellent addition to your portfolio. Contact us today to learn more about this exciting investment opportunity.
Commercial Walkthrough
$157,200 Gross Rent
NOI: $137,091
8.8% Cap ⸰ 12.1% COC
Exterior Photos
Building
Contact Us For A Showing Today!