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.
1258 N 64th St:
Asking Price
$550,000
Property Type
Four Unit Multifamily
Financial Summary
Gross Monthly Income
$4,100
Gross Annual Income
$49,200
Annual NOI
Approximately $38,573
Cap Rate
7.01%
Highlights
• Four-unit apartment building
• Complete renovation
• Excellent condition
• Strong rental corridor
Building Information
Utilities
Separately metered
Electric paid by tenants
Water paid by owner
Heating / Cooling
Central Air
Central Heat
Roof - Approximately 4 years old
Water Heaters - Approximately 4 years old
Electrical -100 amp service to every unit
Renovations - Complete renovation
Condition - Excellent
Parking - None
Deferred Maintenance - None
Known Issues - None
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Listing Snapshot
Price
$550,000
Days On Site
33 Days
Bedrooms
7
Inside Area (SqFt)
2,170 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
1920
MLS® Number
PAPH2654776
Status
Active
Property Tax
$4,129
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
a month ago
Listing updated with changes from the MLS®
a month ago
Listing first seen on site
General Features
Acres
0.04
Foundation
Concrete Perimeter
Parking
On Street
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2170
SqFt Total
2170
Style
Straight Thru
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Electric Water Heater
Cooling
Central AirElectric
Heating
Central
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Exterior Features
Pool Features
None
Community Features
MLS Area
19151 (19151)
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