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5352 Cedar Ave
Philadelphia, PA 19143 Cobbs Creek

$1,225,000 USD

Apartments For Sale  •  6,750 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,840 SF
  • Lot Size 0.04 AC
  • Building Class C
  • Year Built 1945
  • Cap Rate 7.62 %
  • Zoning RM1
80 Transit Score
100 Walk Score

Highlights

Delivered fully vacant — full control of lease-up and rent roll
10-year tax abatement — reduced operating costs during stabilization
Large unit layouts including 3-bedroom units with outdoor space
Positioned directly across from PHMC Public Health Campus
Proximity to University City and Center City employment centers
Value-add / lease-up opportunity in established West Philadelphia submarket Cedar Park/ Cobbs Creek

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $93,344 USD (2026)
Cap Rate: 7.62 %
Total Expenses: $31,486 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Yard
  • Basement
  • Breakfast Nook
  • Dining Room
  • Double Pane Windows
  • Framed Mirrors
  • Freezer
  • Garden
  • Handrails
  • Island Kitchen
  • Porch
  • Window Coverings
  • Individual Locking Bedrooms
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Angora (R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 3 min 16 min 0.8 mi
49th Street (R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 3 min - 1.0 mi
Transit/SubwayDriveWalkDistance
Baltimore Avenue and 54th Street (Route 34 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 5 min 0.2 mi
Baltimore Avenue and 53rd Street (Route 34 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 6 min 0.3 mi
Baltimore Avenue and 55th Street (Route 34 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 7 min 0.4 mi
Baltimore Avenue and 52nd Street (Route 34 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 7 min 0.4 mi
Baltimore Avenue and 51st Street (Route 34 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 9 min 0.5 mi
AirportDriveWalkDistance
Philadelphia International 19 min - 7.7 mi
Trenton Mercer 59 min - 38.1 mi
Jonathan Tori 267-227-4971 Addison Real Estate Co.
Jonathan Tori 267-227-4971 Addison Real Estate Co.