USAPAPhiladelphiaNone Available90 E Johnson St
90 E Johnson St, Home with 0 bedrooms, 0 bathrooms and null parking in PHILADELPHIA PA | Image 1
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$1,200,000

90 E Johnson St, Philadelphia, PA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $5,193
Days Active 3
Approx. Age 1905
MLS® Number PAPH2522100

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberPAPH2522100
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1905
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHot Water, Natural Gas
A/CCeiling Fan(s), Wall Unit
Heating Fuel

Extras

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