$5,750,000 2 BD 1 BA 748 SF

Property Description

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.

Property Features

  •  0.02
  •  748
  •  N
  •  RSA5
  •  7687
  •  Assessor
  •  999.00
  •  Public Sewer
  • Exterior Features

  •  Masonry
  •  None
  •  2
  •  Straight Thru
  • Interior Features

  •  None
  •  Forced Air
  • School Information

    • PHILADELPHIA CITY
    Courtesy of Kw Empower

    Schedule to See Homes

    Michelle Ranaudo

    2674553950
    RE/MAX Town & Country