11-UNIT MULTIFAMILY PORTFOLIO | Philadelphia, Pennsylvania Asking Price $1,000,000 Investment Highlights ● 4 residential properties ● Portfolio includes: ● 4215 Salem St: 4 Units, All 1 BR/1 BA ● 4219 Salem St: 3 BR/1 BA Single Family Rowhome ● 4221 Salem St: 4 Units, All 1 BR/1 BA ● 4223 Salem St: 2 Units, Both 1 BR/1 BA. Convenient access to public transportationl, shopping, restaurants, schools, and major roads ● Strong rental demand with excellent long-term investment potential Financial Summary Gross Annual Income: $130,800 Annual Operating Expenses: Approximately $26,343 Net Operating Income (NOI): Approximately $104,457 Asking Price: $1,000,000 Estimated NOI Yield: 10.45%. Gross Rental Yield 13.08%. Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Philadelphia’s most desirable rental markets. The properties offer stable cash flow, low operating expenses, and upside potential through future rental growth. Whether you’re expanding an existing portfolio or completing a 1031 exchange, this asset presents an attractive investment opportunity. Closing Seller is seeking a fast closing. Qualified buyers are encouraged to provide proof of funds or financing pre-approval prior to scheduling property tours. For additional information, including the rent roll, operating statements, or to arrange a private showing, please contact the listing agent.
Investment highlights
11 Total Residential Units
Strong rental demand in 19124
Value-add opportunity
Adjacent lot included with 4215 Salem St
Ideal portfolio for cash flow investors
Prime location close to public transportation, major roads, shopping, and local amenities.
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Listing Snapshot
Price
$1,000,000
Days On Site
38 Days
Bedrooms
13
Inside Area (SqFt)
6,979 sqft
Total Baths
11
Full Baths
11
Partial Baths
N/A
Lot Size
0.22 Acres
Year Built
1925
MLS Number
PAPH2671322
Status
Active
Property Tax
$2,383
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
a week ago
Listing updated with changes from the MLS
a week ago
Status changed to Active
a month ago
Listing first seen on site
General Features
Acres
0.22
Levels
Two
Parking
Off Street
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
6979
SqFt Total
6979
Style
Traditional
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Gas Water Heater
Basement
Finished
Cooling
Window Unit(s)Electric
Heating
ElectricRadiant
Main Level Bedrooms
13
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Exterior Features
Pool Features
None
Community Features
MLS Area
19124 (19124)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Longlong Zhan Real Estate Investment
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