Description
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 the 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.
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
TraditionalAD ID
45195566
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C
- Heating: Central
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1925
- Structure: Interior Row/Townhouse
- New Construction: No
- Total Units: 3
- Built: 1925
- Construction Material: Masonry
- Foundation/Basement: Slab
- Architecture: Traditional
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 945
- Dimensions: 15.00 x 63.00
- Lot Size (Acres): 0.02
- Architectural Style: Traditional
- Main Square Feet: 945
Property Information
- SQ ft: 1,775
- SQ ft (Living Area): 1,775
- Total Lot SQ ft: 945
- Subdivision: BREWERYTOWN
- Appx. Lot Dimensions: 15.00 x 63.00
- Total Acreage: 0.02
- New Construction: No
- Type: Traditional
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 555
-
Taxes / Assessments
Tax Information
- Annual Tax: $2,122
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $151,600
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- Direction: On W Dauphin Street.
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: On W Dauphin Street.
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BuyOwner last updated this listing 05/13/2025 @ 06:37
- MLS: PAPH2285626
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 1,775 sqft, 945 sized lot, and 0 parking. are nearby neighborhoods.