This listing is part of a larger investment portfolio available for bulk purchase only. The portfolio consists of 25 renovated and rent-stabilized properties spanning West Philadelphia, North & Central Philadelphia, Kensington, Frankford & Port Richmond, University City & Brewerytown, and Southwest Philadelphia. This portfolio is ideal for investors seeking guaranteed cash flow, as most properties are occupied by Philadelphia Housing Authority (PHA) tenants. With a yearly rent roll totaling approximately $500,000, low turnover, and expenses, this portfolio could yield approximately 42% cash-on-cash returns for the savvy investor. Contact the listing agent for the rent roll, lease details, and full portfolio details.
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Listing Snapshot
Price
$5,750,000
Days On Site
51 Days
Bedrooms
3
Inside Area (SqFt)
1,268 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1925
MLS® Number
PAPH2442562
Status
Active
Property Tax
$1,578
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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