5410 Springfield Avenue Philadelphia, PA 19143

Part of a Portfolio - $2,823,000 ($166,058.82/Unit)Cap: 5.78%9 UnitsPortfolio OverviewOpportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia.The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements.Seller is willing to sell properties individually or as a portfolio.5410 Springfield Ave:Financial Summary:Asking Price$750,000Property TypeFive Unit MultifamilyFinancial SummaryGross Monthly Income:$5,995Gross Annual Income:$71,940Annual NOI:Approximately $58,068Cap Rate:7.74%Property Highlights• Five-unit apartment building• Strong in-place cash flow• Recent appraisal available• Fully renovated• Stable tenancy• Excellent conditionBuilding InformationUtilities:Separately meteredElectric paid by tenantsGas paid by tenantsWater/Sewer paid by ownerHeatingCombination electric and gas heatCooling -NoneRoof -Approximately 4 years oldWater Heaters -Approximately 4 years oldElectrical -Approximately 4 years oldPlumbing -Approximately 4 years oldRenovations -Complete renovation completedUnit Condition -ExcellentCapital Improvements:Heater replacement anticipated around 2028Parking -NoneDeferred Maintenance -None reportedEnvironmental Concerns -None known