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$1,000,000
38 Days On Site

4215 SALEM STREET
PHILADELPHIA, PA 19124

For Sale|Residential|Active
13
Beds
11
Total Baths
11
Full Baths
6,979
SqFt
$143
/SqFt
1925
Built
Subdivision:
PHILADELPHIA
Listing courtesy of Longlong Zhan Real Estate Investment
Call Now: (703) 898-3565
Is this the listing for you? We can help make it yours.
(703) 898-3565
4215 SALEM STREET4215 SALEM STREET4215 SALEM STREET4215 SALEM STREET
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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
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoStatus changed to Active
a month agoListing 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



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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