Property
Beds
72
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
1,552
Exceptional opportunity to acquire a 24-unit residential portfolio throughout the Northeast Philadelphia corridor, with the flexibility to purchase the entire package, buy in neighborhood blocks, or purchase individual properties. One unit may be sold separately depending on offer strength. 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.
Features & Amenities
Interior
-
Total Bedrooms
72
-
Bathrooms
N/A
-
Above Grade Finished Area
1552.0
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Multi Units, Window Unit(s), Gas, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric, Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
3
-
Parking
On Street, Garage, Driveway, Off Site, Attached, Detached
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.69
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Straight Thru
Price
-
Sales Price
$4,500,000
-
Tax Amount
60712.0
-
Sq. Footage
1, 552
-
Price/SqFt
$2,899
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Concrete Perimeter
-
Sewer
Septic Tank
-
Tax Lot
181
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Kyra L. Brinson , EXP Realty, LLC
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Broker | Owner
ChristyIssler
Call Christy today to schedule a private showing.
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