Listed by Coldwell Banker Commercial NRT Philadelphia
$555,000
2258 N 12th St
Details
APN 371230901
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,548
Units 2
Cap Rate 11.50%
NOI $63,596
Occupancy 100%
Tenancy Multi
Price per SqFt $156
Class A
Year Built 2014
Buildings 1
Acreage 0.030
Zoning RM1
Investment Type Stabilized
Ownership Fee Simple
Multifamily | 11.50% CAP | 2 Units
Marketing description
Astounding 11.5% cap rate, fully leased through July 2026, true turnkey investment! Newer 2014 construction, meticulously maintained with premium finishes throughout: oak flooring, solid oak cabinetry, granite countertops, ceramic tile baths, in-unit washer and dryers, wired security systems, intercoms. Exceptional outdoor offerings including main-level patio with bike rack and vinyl privacy fencing, plus expansive roof deck with panoramic skyline views. Approximately 7-minute walk to Temple University. Strong in-place income, immediate cash flow, and compelling long-term upside. Clean, stabilized, investor-grade asset. Shows beautifully!
Investment highlights
- Astounding 11.5% cap rate, fully leased through July 2026, true turnkey investment!
- Newer 2014 construction, meticulously maintained with premium finishes throughout: oak flooring, solid oak cabinetry, granite countertops, ceramic tile baths, in-unit washer and dryers, wired security systems, intercoms
- Exceptional outdoor offerings including main-level patio with bike rack and vinyl privacy fencing, plus expansive roof deck with panoramic skyline views
- Approximately 7-minute walk to Temple University
- Strong in-place income, immediate cash flow, and compelling long-term upside
- Clean, stabilized, investor-grade asset
Listing Contacts
Listed by Coldwell Banker Commercial NRT Philadelphia
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$63,596.00
$5,299.67/mo
Valuation Metrics
0
DSCR
11.46%
Cap Rate
11.46%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
Title
Is there information that looks off?
