Frankford Portfolio
Philadelphia, PA 19124 and 19136
11 Total Apartment units
6-Unit Multifamily Portfolio | Frankford Section | Delivered Fully Rented
Investment Overview
Trophy Commercial Real Estate is pleased to present 4938 & 4940 Penn Street, a stabilized six-unit multifamily portfolio located in Philadelphia’s Frankford neighborhood. Built in 2020, the properties feature modern layouts, efficient systems, and low deferred maintenance—ideal for investors seeking turnkey performance and long-term durability. The portfolio offers a mix of spacious two-bedroom and one-bedroom units across two adjacent buildings, and is offered as a single package.
Investment Summary:
Asking Price: $600,000
Units: 6 (3x 2BD, 3x 1BD)
Zoning: RM1
Building Size: ±5,001 SF
Lot Size: ±0.22 acres
Price/Unit: $100,000
Price/SF: $119.98
Highlights:
Delivered fully leased with $6,625/month in rental income
New construction (2020) — low capital expense profile
Separate utilities and modern mechanical systems
Strong in-place returns: 8.06% CAP Rate and 6.61% Cash-on-Cash
Units feature desirable layouts, with multiple 2-bedroom flats and high-rent 1-bedrooms
Adjacent parcels sold together—ideal for conventional or agency financing
1686 Harrison Street | Philadelphia, PA 19136
5-Unit Multifamily | Fully Occupied | Northeast Philly
Investment Overview
Trophy Commercial Real Estate is pleased to present 1686 Harrison Street, a stabilized five-unit multifamily asset located in the Holmesburg section of Northeast Philadelphia. This well-maintained walk-up offers a balanced mix of tenant affordability and durable in-place cash flow, making it an attractive investment for first-time buyers or seasoned operators seeking low-maintenance yield. Priced at just $66,000 per unit, the asset provides strong day-one returns and the opportunity for future upside through light operational enhancements and rent adjustments.
Investment Summary:
Asking Price: $330,000
Units: 5 (All 1BD/1BA)
Zoning: RSA5
Building Size: ±2,500 SF
Lot Size: ±0.10 acres
Price/Unit: $66,000
Price/SF: $132
Year Built: 1940
Highlights:
Fully occupied and cash flowing at acquisition
Identical 1-bedroom layouts make for easy turnover and leasing
Gross income of $44,460/year with potential for modest rent increases
Operating expenses at just 34.9% of income
CAP Rate: 8.51% with Cash-on-Cash Return of 8.12%
Walking distance to SEPTA transit, retail, and regional employment
Deal Team
-
Saam Tashayyod
-
Craig Thom