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.
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Listing Snapshot
Price
$4,500,000
Days On Site
324 Days
Bedrooms
72
Inside Area (SqFt)
1,552 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.69 Acres
Year Built
1940
MLS® Number
PAPH2559042
Status
Active
Property Tax
$60,712
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
11 months ago
Listing first seen on site
11 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.69
Attached Garage
Yes
Foundation
Concrete Perimeter
Garage
Yes
Garage Spaces
30
Parking
On StreetGarageDrivewayOff SiteAttachedDetached
Parking Spaces
30
Property Sub Type
Townhouse
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Above
1552
SqFt Total
1552
Style
Straight Thru
Utilities
Natural Gas AvailableElectricity Available
Water Source
Public
Zoning
RSA5
Interior Features
Appliances
Gas Water Heater
Cooling
Central AirCeiling Fan(s)Multi UnitsWindow Unit(s)GasElectric
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