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Listed price in listed location currency (USD).
$1,650,000

000

MLS® 1753966

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage 
Maintenance Fees 
Taxes $25,665
Days Active 2
Approx. Age 1900
MLS® Number 1753966

Property Address: 304 S Birmingham Ave, Avalon, PA, 15202-2430

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

Description

304 S Birmingham Ave is a well-maintained multifamily property consisting of 19 units (12 one bedroom units, 3 two bedroom units, 4 studio units). The property features frame construction with a brick exterior. Unit interiors are mixed however most units have been recently renovated and feature vinyl plank flooring, neutral color scheme, updated bathrooms and kitchens, and well-maintained plumbing and electrical fixtures. Community amenities include on-site laundry and keypad access to building wings based on tenancy. This offering represents a compelling acquisition opportunity for investors seeking stable, income-producing real estate with significant value-add upside in one of the region's strongest performing submarkets. Located in the heart of Avalon, 304 S Birmingham comprises 19 residential units. The property is currently generating an Effective Gross Income of $203, 362, and a Net Operating Income of $120, 954, reflecting a 7.3% capitalization rate on the asking price. Potential building income is as high as $305, 302 with ACHA housing tenants, which would represent a 13.7% cap rate at purchase price. The asset benefits from a diversified tenant base, strong in-place occupancy, and a proven operating history that underscores the stability of the cash flows.
MLS® Number1753966
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

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

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 15, 2026List Date
$1,650,000List Price
  • Commute

Commute

Starting Address
Destination Address
304 S Birmingham Ave, Avalon, PA

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