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7092 Forrest Ave
Philadelphia, PA 19138 West Oak Lane

$1,300,000 USD

Apartments For Sale  •  12,996 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,996 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1925
  • Zoning RSA5
53 Transit Score
85 Walk Score

Highlights

12 Multifamily Units | One-bedroom, one-bathroom layouts with a strong mix of market-rate, PHA voucher, and master-leased units.
Reliable, Subsidy-Backed Income | Six PHA tenants and four units master-leased to 1260 Housing, a nonprofit that ensures consistent collections
Strong In-Place Cash Flow | Over 8 Percent Cap Rate
Low-Management Asset | Master lease structure and government-backed tenancy minimize collection risk and operational complexity.
Recent Capital Improvement | Roof was recently replaced, and common areas have been updated.
Transit-Connected Northwest Location | Close to SEPTA rail (Sedgwick Station), multiple bus routes, and major thoroughfares including Route 309 and 76

Amenities

  • Air Conditioning
  • Cable Ready
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Hardwood Floors
  • Tub/Shower
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Melrose Park (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 6 min - 1.9 mi
Washington Lane (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 5 min - 2.0 mi
AirportDriveWalkDistance
Philadelphia International 36 min - 19.8 mi
Trenton Mercer 51 min - 29.4 mi
Zeke Rotter 215-302-4400 SCOPE
Zeke Rotter 215-302-4400 SCOPE