Property

Philadelphia, PA 19144 90 E Johnson Street

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Presented By: Trophy Commercial Real Estate LLC
  • MLS# PAPH2522100
  • 07/29/2025
  • Request Tour
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  • SQFT • 11,309

Home Details

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 Philadelphias 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 Philadelphias most dynamic rental corridors.
Presented By: Trophy Commercial Real Estate LLC

Interior Features for 90 E Johnson Street

Other Interior Features

Central Air Y/NNo
FlooringWood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 90 E Johnson Street

Acceptable FinancingCash, Conventional
AccessibilityLevel Entry - Main
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingCeiling Fan(s), Wall Unit
CountyPHILADELPHIA
Directionscorner of East Johnson and Morton
HeatingHot Water
Lot Size Square Feet11309.00
Lot Size UnitsSquare Feet
MLS Area19138 (19138)
ModificationTimestamp2025-07-29T18:11:38
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total7
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG162.6
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Security FeaturesMain Entrance Lock
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameNONE AVAILABLE
Tax Annual Amount5193.0
Tax Assessed Value371000.0
Tax Lot317
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1905
Year Built SourceAssessor
ZoningRSA3

Exterior for 90 E Johnson Street

Building Area Total7380.00
Car Parking Spaces2
Land Assessed Value111300.00
Land Use CodeCA0
Lot Dimensions99.00 x 115.00
Lot Size Acres0.26
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces2
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $1,200,000
MLS#PAPH2522100
List Date 07/29/2025
Property Type Commercial
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