Part of a Portfolio - $2,823,000 ($166,058.82/Unit)
Cap: 5.78%
9 Units
Portfolio Overview
Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia.
The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements.
Seller is willing to sell properties individually or as a portfolio.
5260 W Jefferson St:
Asking Price
$225,000 (Vacant)
Property Type
Duplex
Current Status
Fully Vacant
Lease-Up Opportunity
Projected Market Rent
2 Bedroom
Approximately $2,010/month
3 Bedroom
Approximately $2,410/month
Projected Gross Income
Approximately $53,040 annually
Building Highlights
• Significant value-add opportunity
• Immediate lease-up potential
• Renovated in 2018
• Strong rental demand
Building Information
Utilities
Separate electric
Owner pays water
Heating/Cooling
Central Air
Central Heat
Roof Approximately 8 years old
Water Heaters Approximately 8 years old
Electrical
100 amp service
Current Condition
First Unit
Good
Second Unit
Requires renovation
Deferred Maintenance
Second unit requires:
• Flooring
• Drywall patching
• Paint
• Bathroom renovation Estimated Cost Approximately $20,000-$25,000
Parking None
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$225,000
Days On Site
52 Days
Bedrooms
5
Inside Area (SqFt)
2,772 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1920
MLS® Number
PAPH2653984
Status
Active
Property Tax
$3,335
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Invite
Recent Activity
2 months ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.03
Foundation
Concrete Perimeter
Parking
On Street
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2772
SqFt Total
2772
Style
Straight Thru
Water Source
Public
Zoning
RSA5
Interior Features
Appliances
Electric Water Heater
Cooling
Central AirElectric
Heating
ElectricCentral
Save
Ask
Tour
Hide
Share
Exterior Features
Pool Features
None
Community Features
MLS Area
19131 (19131)
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Capital Commercial Real Estate Group