UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,552 sqft
Price per Sqft $2,899
MLS Listing ID PAPH2559042
Style Straight Thru
Abv Grd Liv Area 1,552
Year Built 1940
Annual Tax Amount $60,712
Tax Year 2025
Lot Size 0.689 Acres
Acres 0.69
Lot Dimensions 16.00 x 100.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Northeast Philly Portfolio (2)
The portfolio spans several of the city's strongest rental submarkets, including Mayfair, Oxford Circle, Frankford, Tacony, Lawncrest, and West Philadelphia. These areas are known for long-term tenant stability, consistent rent demand, strong appreciation trends, and low vacancy rates. The mix includes performing rentals, month-to-month tenants, and select vacant or value-add units, giving investors immediate income along with clear upside through turnover, rent increases, and light repositioning.
Current rents across many properties remain below market due to long-term tenancy. This creates significant room for rent growth once units are brought to market levels or re-leased. The stabilized portfolio projects an estimated 8–10% cap rate, with additional built-in equity available at acquisition. Management can remain in place for a seamless transition if desired.
This offering is suitable for cash buyers, conventional investors, DSCR financing, private lending, and potential seller financing. Exterior drive-by showings are allowed; interior access will be coordinated after an accepted offer to respect tenant privacy.
A rare chance to secure substantial cash flow, appreciation, and scalable management efficiency across one of Philadelphia's most resilient and high-demand rental markets. See Documents For Proforma. Full rent rolls, ledgers, photos, and the offering memorandum are available upon request.
Location
State PA
County Philadelphia
Area 19149 (19149)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C, Ceiling Fan(s), Multi Units, Window Unit(s)
Inclusions Tenants, Leases, Appliances Owned By Seller
Fireplace N
Heat Source Natural Gas, Natural Gas Available, Electric, Central
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 30.0
Utilities Available Natural Gas Available, Electric Available
Water Access N
Accessibility None
Attached Garage 20
Total Parking Spaces 30
Garage Y
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 1552
Sewer Public Septic
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 541306400
Ownership Fee Simple
SqFt Source 1552
Acceptable Financing Cash, Bank Portfolio, Conventional, Private, Seller Financing
Listing Terms Cash, Bank Portfolio, Conventional, Private, Seller Financing
Financing Cash,Bank Portfolio,Conventional,Private,Seller Financing
Special Listing Condition Standard
