Trophy Commercial Real Estate is pleased to present 121 W Cumberland Street, an 11-unit multifamily property located in the rapidly growing Hartranft neighborhood of Philadelphia.

The property features a mix of nine two-bedroom units and two three-bedroom units totaling approximately 9,372 rentable square feet, catering to both family and roommate demand. The asset benefits from strong in-place income, low operating expenses, and consistent occupancy.

With average rents of approximately $1,609 per unit and a projected 7.29% cap rate, 121 W Cumberland Street offers investors a stabilized, cash-flowing opportunity with long-term rental growth potential in a strengthening submarket.

Investment Highlights

• 11 residential units

• Projected 7.29% cap rate at asking price

• Approximately $48,663 annual cash flow after debt service

• Average rent of $1,609 per unit

• Unit mix: 9 two-bedroom and 2 three-bedroom units

• Efficient expense structure (20.9% of EGI)

• Strong demand for family-sized workforce housing

• Stabilized asset with consistent occupancy

  Asking Price: $2,300,000
  Price per Unit: $209,091
  Price/SF: $245.41
  Cap Rate: 7.29%