Click here to call 201-874-1287 4123 WESTMINSTER AVENUE | MLS #PAPH2622626 | RE/MAX of New Jersey
 
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4123&27 Westminster Avenue, a 12-unit multifamily investment located in West Philadelphia.'‹ The asset consists of a balanced mix of six 1-bedroom units and six 2-bedroom units, averaging approximately 750 square feet per unit, offering an efficient and highly marketable unit mix that appeals to a broad tenant base. The unit mix caters to a broad tenant base, including students, young professionals, and roommate-style renters, resulting in strong leasing demand and operational stability.'‹ The asset benefits from a straightforward layout, consistent unit configuration, and efficient property management.'‹ The property is in year 1 of the full 10-year tax abatement.'‹ At the asking price of $2,375,000, the asset delivers an inplace Net Operating Income of approximately $168,566, equating to a 7.10% cap rate, with the ability to achieve a stabilized NOI of approximately $185,250 (7.80% cap) through mark-to-market leasing.'‹ Investment Highlights *'‹12-Unit Multifamily Asset '‹*7.10% In-Place Cap Rate *'‹7.80% Stabilized Cap Rate '‹*Average Unit Size: 750 SF '‹*Below-Market Rents with Immediate Upside '‹*Total Rentable SF: 9,000 SF '‹*Average Rent: $1,562 vs. $1,691 Market '‹*10-year Tax Abatement '‹*In-Place NOI: $168,566 '‹*Stabilized NOI: $185,250 '‹*Strong In-Place Cash Flow with Value-Add Potential

Source: BRIGHT MLS, MLS#: PAPH2622626

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  • Property Type
    Residential Income
  • Lot
    0.04 acres

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Lisa Peluso

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 4123 WESTMINSTER AVENUE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/15/2026Source: BRIGHT MLS Added to Database
May 15, 2026
Listing provided courtesy of Trophy Commercial Real Estate LLC- MLS# PAPH2622626MLS ProviderContact Information: [email protected] - 2156085745