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Christopher J Carr
HomeZu by Simple Choice
855-885-4663
Opportunity to purchase a real estate rental portfolio. Offering 9 units in the form of 3 triplexes, all in South Philadelphia on 11th Street. Total asking price is $2,595,000. Buildings have been owned for between 3 and 17 years with a 99% occupancy rate. All units are currently occupied. Although it is for three buildings, it is an all-or-nothing offer in which all three buildings must be purchased together. All three buildings are on 11th street in the Bella Vista area of South Philadelphia. Within the nine units are: Seven 2-bedroom apartments, Two 1-bedroom apartments. Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $1700 / $1,750 for a total rent roll of $5,450. Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: $1,650 / $1,400 / $1,450 for a total rent roll of $4,500. Building 3 is 1182 South 11th Street. It consists of two 2-bedroom units, each with two full baths and one 1-bedroom unit with one full bath. Each unit has in-unit washer-dryers and central air. The third-floor unit has an outdoor deck. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $2,000 / $1,605 for a total rent roll of $5,605.
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Water Source : Public
Roof : Flat
Basement Description: Full
Flat
Cooling: None
Heating: Baseboard - Hot Water
Cooling Fuel: None
Heating Fuel: Natural Gas
Year Built: 1915
Structure: Interior Row/Townhouse
New Construction: No
Total Units: 3
Built: 1915
Construction Material: Masonry
Roof: Flat
Foundation/Basement: Block
Architecture: Other
Pool/Private: No Pool
Roof Type: Flat
Pool: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 1,045
Dimensions: 17.00 x 60.00
Lot Size (Acres): 0.02
Architectural Style: Other
Main Square Feet: 1,045
SQ ft: 2,451
SQ ft (Living Area): 2,451
Total Lot SQ ft: 1,045
Appx. Lot Dimensions: 17.00 x 60.00
Total Acreage: 0.02
New Construction: No
Type: Other
Possession: Negotiable
Days Of Market: 2
Annual Tax: $6,323
Tax Year: 2024
Total Taxes Payment Frequency: Annually
Negotiable
Taxes Assessment Amount: $451,700
Parking Type: On Street
Has Garage: N
Roof: Flat
Direction: 11th street south of Market.
School District: PHILADELPHIA CITY
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: None
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Direction: 11th street south of Market.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
815 S 4th Street , Philadelphia, PA,19147 | $699,900 | -- | -- | -- | 956 Sqft |
919 Washington Avenue , Philadelphia, PA,19147 | $559,000 | 4 | 1.5 | 1,752 | 765 Sqft |
251 Fulton Street , Philadelphia, PA,19147 | $1,200,000 | -- | -- | 2,407 | 1345 Sqft |
119 Greenwich Street #11, Philadelphia, PA,19147 | $665,000 | 4 | 3.5 | -- | 6000 Sqft |
1013 E Passyunk Avenue , Philadelphia, PA,19147 | $400,000 | 5 | 3.0 | 2,016 | 756 Sqft |
814 S 9th Street , Philadelphia, PA,19147 | $499,000 | -- | -- | 2,688 | 1009 Sqft |
1355 Kater Street , Philadelphia, PA,19147 | $1,675,000 | 4 | 4.5 | -- | 1044 Sqft |
308 Reed Street #1, Philadelphia, PA,19147 | $475,000 | 2 | 1.0 | -- | -- |
807 S 13th Street , Philadelphia, PA,19147 | $425,000 | 3 | 1.5 | 1,360 | 998 Sqft |
717 S Columbus Boulevar.., Philadelphia, PA,19147 | $475,500 | 2 | 2.0 | 1,253 | -- |
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ByOwner last updated this listing 05/03/2024 @ 17:44
MLS: PAPH2345134
LISTED BY: Christopher J Carr , HomeZu by Simple Choice
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 1.4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.