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MLS: #PAPH2593766, Listed By: Kimberly Cassidy, KW Empower, Source:Bright MLS

2315 Pierce Street

PHILADELPHIA, PA 19145
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Bed 9

Bed

Bath 0

Bath

SqFt4,500

Sqft

Acres0.02

Acre(Lot)

Turnkey 3-Property Investment Portfolio – $56,880 Annual Income Rare opportunity to acquire a cash-flowing 3-property rental portfolio in Philadelphia featuring 2315 Pierce St, 2235 E Ann St, and 2271 E Cambria St. The seller prefers to sell all three properties together for $675,000, creating an ideal opportunity for investors looking to acquire multiple performing assets in one transaction. The portfolio is currently fully occupied with long-term tenants and generates $56,880 annually in rental income, providing immediate and stable cash flow from day one. All three homes have been updated with renovated kitchens and bathrooms, including modern cabinetry, updated fixtures, and refreshed finishes that appeal to today’s renters while helping minimize near-term capital expenditures. Thes e improvements make the portfolio a true turnkey investment requiring minimal upfront work. Properties with existing tenants, recent upgrades, and stable income are increasingly difficult to find in Philadelphia, making this an attractive acquisition for both local and out-of-area investors seeking reliable cash flow. 2315 Pierce St is being offered individually at $245,000, however the seller strongly prefers a portfolio sale including: • 2315 Pierce St • 2235 E Ann St • 2271 E Cambria St Portfolio Price: $675,000 Investor-friendly opportunity with potential for future rental increases as leases renew. Whether you are expanding an existing rental portfolio or entering the Philadelphia market, this offering provides immediate income, updated properties, and long-term tenant stability in a single acquisition.

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Detail Ic Property Details

Property Type : Residential Income

Price : $609,000

AD Id : 76137562

MLS Id : PAPH2593766

Beds : 9

Lot Size : 0.02 Acre

Living Area Size : 4,500

Year Built : 1925

County : PHILADELPHIA

Subdivision: Newbold

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Feature Features

  • Bedroom Information

    Total beds: 9
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1925 Building Area Total: 4500 Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.02 Lot Size Source: Estimated Lot Size Square Feet: 670

    Property Information

    Subdivision: NEWBOLD Source Property Type: Residential Income Postal Code Plus 4: 1824 Property SubType: Townhouse Property Age: 101

  • Listing Price Information

    Listing Price: $609000

  • Tax Information

    Parcel Number: 364099400 Tax Lot: 281 Tax Year: 2018 Annual Tax: $831

  • Parking Information

    On Street

  • Location Information

    Direction: gps WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1521 W Shunk Street, Philadelphia, PA, 19145 $349,900 4 2 1,380 1,380 SqFt
1614 W Ritner Street, Philadelphia, PA, 19145 $420,000 5 -- 1,728 1,728 SqFt
1726 Watkins Street, Philadelphia, PA, 19145 $184,000 2 1 1,024 1,024 SqFt
1814 S 20th Street, Philadelphia, PA, 19145 $324,900 4 -- 2,790 2,790 SqFt
1622 S 21st Street, Philadelphia, PA, 19145 $329,000 3 2 1,350 1,350 SqFt
1631 S 22nd Street, Philadelphia, PA, 19145 $325,000 4 4 1,985 1,985 SqFt
2230 Watkins Street, Philadelphia, PA, 19145 $269,900 2 2 920 920 SqFt
2251 S Hemberger Street, Philadelphia, PA, 19145 $318,000 3 2 1,134 1,134 SqFt
2427 Hartranft Street, Philadelphia, PA, 19145 $1,150,000 3 4 --
2429 Hartranft Street, Philadelphia, PA, 19145 $1,125,000 3 4 --

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 23:40

MLS: PAPH2593766 LISTED BY: Kimberly Cassidy, KW Empower 215-627-3500 SOURCE: Bright MLS

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