$533,000 Price Analysis    ♡   Philadelphia, PA 19133 2 bed 1 bath 1,775 SqFt ($300/SqFt) 945SqFt lot. Built 1925 Listed 2023-10-24, Taxes $3,012 | Ⓧ USDA Ineligible due to location near Philadelphia |
Property Details
Property Addresses included in portfolio : 2725 Glenwood Ave MLS# PAPH2285644 | 2530 Ridge Ave MLS# PAPH2285656 | 1913 N 23rd MLS# PAPH2285666 | 1941 N 23rd MLS# PAPH2285670 | 1210 W Dauphin MLS# PAPH2285626 | 1212 W Dauphin MLS# PAPH2285638 Total Asking Price For Portfolio: $3, 200, 000 Scan for photos on th Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma and current cap rate is 8%+ Key Features: - Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental.
- Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream. - Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions. - Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families. Location: Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential. This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.
Presented by Rich Cassell at
KW Empower.
Property MLS #PAPH2285638 from BrightMLS
Heating Features: Central
Heating: Yes
Lot Size Square Feet: 944
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 2
Bedrooms in Unit-1: 2
Full Bathrooms in Unit-1: 1
Map directions Map directions Map directionsSource Listing Status: Active
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: BREWERYTOWN
Postal Code Plus 4: 1020
Subdivision: BREWERYTOWN
Township: PHILADELPHIA
Property Subtype: Triplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $172,160 + $43,040 $215,200 | $3,012 |
| 2022 | $55,662 + $21,638 $77,300 | $1,082 |
| 2021 | $55,662 + $21,638 $77,300 | $1,082 |
| 2020 | $55,662 + $21,638 $77,300 | $1,082 |
| 2019 | $72,800 + $28,300 $101,100 | $1,415 |
| 2018 | $55,656 + $21,644 $77,300 | $1,082 |
| 2017 | $55,656 + $21,644 $77,300 | $1,082 |
| 2016 | $73,048 + $4,252 $77,300 | $1,082 |
| 2015 | $73,048 + $4,252 $77,300 | $1,035 |
| 2014 | $73,048 + $4,252 $77,300 | $1,035 |
| 2013 | $1,062 + $154 $1,216 | $118 |
| 2012 | $1,062 + $154 $1,216 | $114 |
| 2011 | $1,062 + $154 $1,216 | $110 |
| 2010 | $1,062 + $154 $1,216 | $100 |
| 2009 | $1,062 + $154 $1,216 | $100 |
| 2009 | $1,062 + $154 $1,216 | $100 |
$533,000
BrightMLS
Sold 2022-06-13
$170,000
BrightMLS
Price Changed 2022-01-31
$175,000
BrightMLS
Price Changed 2022-01-06
$224,999
BrightMLS
Price Changed 2021-11-22
$225,000
BrightMLS
Price Changed 2021-09-20
$265,000
BrightMLS
Listed 2021-08-17
$290,000
BrightMLS
Listing removed 2021-07-02
$0
BrightMLS
Listing removed 2021-07-02
$0
BrightMLS
Listed 2020-10-26
$289,000
BrightMLS
Listed 2020-10-23
$289,000
BrightMLS
Sold 2018-07-17
$65,000
Public Record
Year Built: 1925
Construction Materials: Masonry
Property Age: 99
Structure Type: End of Row/Townhouse
House Style: Traditional
Architectural Style: End of Row/Townhouse
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.