$1,200,000

90 E JOHNSON ST, Philadelphia, PA 19144

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

90 East Johnson Street, a fully stabilized 7-unit multifamily property in Germantown. The building features a mix of 1-bedroom and 3-bedroom units with efficient layouts and durable finishes. In addition to consistent in-place income, the property sits on an oversized 11,309 SF lot that offers potential for subdivision and new construction of an additional single-family home or duplex (buyer to verify). With minimal capital needs, strong tenant demand, and long-term upside through land value, this is a compelling opportunity in one of Philadelphia’s most active submarkets. With in-place monthly income of $9,344 and minimal operating expenses, the asset delivers a CAP rate of 6.95% and projected Year 1 return of 8.53%. The current ownership has maintained high occupancy and minimal turnover, positioning the asset as a plug-and-play opportunity for both private and institutional investors. Importantly, the property features no immediate capital needs, preserving investor yield and eliminating operational friction. Located within walking distance of SEPTA transit, Germantown Avenue retail, and other lifestyle amenities, the site benefits from excellent connectivity and neighborhood demand drivers. We welcome inquiries from investors seeking stabilized, cash-flowing real estate in one of Philadelphia’s most dynamic rental corridors.

Listing Status:
Active
Listing Office:
Trophy Commercial Real Estate LLC : 2156085745
Listing Agent:
Saam Tashayyod : 2156085745
MLS ID:
PAPH2522100
  • Flooring: Wood
  • A/C: Ceiling Fan(s)Wall Unit
  • Heating: Hot WaterNatural Gas
  • Disability Feature: Level Entry - Main

This listing courtesy of Saam Tashayyod, Trophy Commercial Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Roosevelt Elementary School

430 E Washington Ln, Philadelphia, PA, 19144

Grades KG-8

0.28 miles away

R

Roosevelt Elementary School

430 E Washington Ln, Philadelphia, PA, 19144

Grades KG-8

0.28 miles away

P

Parkway Northwest

6200 Crittenden St, Philadelphia, PA, 19138

Grades 9-12

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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