144 & 150 Washington Lane | Philadelphia, PA 19144

13-Unit Multifamily | Stabilized Asset | Mount Airy

Investment Overview
Trophy Commercial Real Estate is pleased to present 144 & 150 Washington Lane, a 13-unit multifamily asset located in the desirable Mount Airy section of Northwest Philadelphia. The property spans two contiguous buildings with modern layouts and a strong in-place rent roll. With durable income, separate mechanicals, and proximity to transit and neighborhood retail, this is an ideal fit for long-term holders seeking yield in a historically stable market. 

Investment Summary:
Asking Price: $1,982,500
Units: 13
Zoning: Residential
Building Size: 10,840 SF
Lot Size: 25,513 SF
Price/Unit: $152,500
Price/SF: $213.17

Highlights:

• Delivered fully leased with $18,282/month in scheduled rent

• Diverse unit mix with 1-, 2-, and 3-bedroom layouts in high-demand corridor

• In-place CAP Rate of 7.51% with Year 1 projection of 8.60%

• Cash-on-Cash Return of 7.79% (Year 1 with 30% down)

• Steps from regional rail and Germantown Avenue retail/restaurants