$1,720,000
( $83.21Per Sq Foot )
 $9,233 est/mo Sourced by Back At You

6904-00 Rising Sun Ave #a,PHILADELPHIA, PA 19111

PHILADELPHIA, PA 19111

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Description

PRICE TO SELL!!!!!16-Unit Multifamily Investment Opportunity | 6904 Rising Sun Avenue, Philadelphia, PA Exceptional opportunity to acquire a 16-unit multifamily apartment building in Philadelphia, featuring 12 spacious one-bedroom apartments and 4 two-bedroom apartments. This income-producing property offers a desirable unit mix, diversified rental income, and an attractive opportunity for investors seeking to expand their multifamily portfolio. Based on the provided rent roll and operating expense figures, the property generates approximately $216,600 in annual gross rental income and an estimated Net Operating Income (NOI) of $157,322 per year, representing an approximate 72.6% NOI margin. With an established rental income profile and potential opportunities for future rental growth and operational improvements, this property presents an appealing investment opportunity for both experienced multifamily investors and portfolio buyers. Property Highlights: * 16 residential units* 12 spacious one-bedroom apartments* 4 two-bedroom apartments* Annual gross rental income: approximately $216,600* Estimated annual NOI: approximately $157,322* Attractive income-producing multifamily investment opportunity Contact the listing agent for additional information and to schedule a showing.

Details

MLS #PAPH2677602
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1960
Days On Site30
Listing Provided ByLonglong Zhan Real Estate Investment | Zhan Su

Features

Units1
ZoningRSA3
Acreage0.45

Interior

CoolingNone
Heating Yes / NoYes
Heating90% Forced Air

Exterior

Construction MaterialsMasonry

Parking

Garage Yes / NoNo

Utilities

UtilitiesCable TV Available

Taxes

Tax Annual Amount23863

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19111
Area19111 (19111)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19111)
Price:
$1,720,000
low | high
Med:
$300,000
100% of Average
On site:
30
low | high
Med:
96
31.25% of Average
Sourced by Back At You

Market Activity 19111

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Additional Information


Showing Information


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Learn More About This Property

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19111
Area19111 (19111)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19111)
Price:
$1,720,000
low | high
Med:
$300,000
100% of Average
On site:
30
low | high
Med:
96
31.25% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.29M - $2.15M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
6904 RISING SUN AVE Property Photo 1
$1,995,000
6904 Rising Sun Ave
Philadelphia, PA 19111
Listing Updated: November 3, 2026 at 10:43:48 AM PST