Trophy Commercial Real Estate is pleased to present 2105 Christian Street, a three-unit, three-story masonry rowhome in Philadelphia’s Graduate Hospital neighborhood, roughly one block from Julian Abele Park.

The property generates $62,640 in gross potential income from in-place rents and water reimbursements. Tenants pay their own electric and gas, supporting a projected NOI of $42,312 — a 6.05% cap rate at the $699,000 asking price, or $233,000 per unit.

Rittenhouse Square, the Schuylkill River Trail, and the Penn Medicine / CHOP campus are all within about a mile.

Investment Highlights:

• Three residential units in a three-story masonry rowhome

• 6.05% cap rate on projected NOI of $42,312

• Tenants pay electric and gas; water reimbursed at
  $145/mo

• In-unit washer/dryer in select units

• Open-plan kitchen and living layouts; private rear yard

• RM1 multifamily zoning

  Price: $699,000
  Price/Unit: $233,000
  Price Per SF: $321.82
  Current Cap Rate: 6.05%