This property is available as part of a portfolio or may be purchased individually.
The portfolio is comprised of 15 units over 4 locations. Two duplexes, a
triplex, and an eight unit building with a single car garage. All properties
are located in Philadelphia neighborhoods of Sharswood and Olde
Kensington. Per bestplaces.net, the 19133 (Old Kensington) zip code has
enjoyed 17.3% home appreciation in the last 10 years.
It also has a robust market for renters making up 45.3% of the population.
Home appreciation in the 19121 zip code (Sharswood) has been 19.8%
over the last 10 years . Renters make up 49.8% of
the population. All of these properties have undergone full gut
renovations and were stripped down to the studs. Many of the layouts
were reconfigured. Each property was then rebuilt with new electric,
plumbing, hvac, roofing, windows, curb traps where necessary,
appliances, kitchens, bathrooms, etc... Each property has a 10 year tax
abatement secured. All properties will be sold "as is, where is with all faults and defects"
Please take a look at the attached brochure for more details. Additionally available properties are a triplex at 2323 n 2nd st Philadelphia PA 19133, a duplex at 2527 N Front st Philadelphia PA 19133, 8 units + Garage at 2626-2630 Ridge Ave Philadelphia PA 19121. Portfolio Price $3.65mm
Also available is 1937 N Marshall st. A 9 Unit shovel ready ground up construction project.
Property Type :
Multi-Family
Subdivision :
Sharswood
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 05/02/2024 @ 21:11
MLS: PAPH2245832
LISTED BY: Brian Ashby , EMORY HILL REAL ESTATE SERVICES INC.
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: Compensation will be dependent upon the property being sold individually or part of the portfolio
