6904 Rising Sun Ave Unit A, Philadelphia, PA 19111

Property Description

PRICE TO SELL!!!!!16-Unit Multifamily Investment Opportunity | 6904 Rising Sun Avenue A,Philadelphia, PA,19111 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.