Part of a Portfolio - $2,823,000 ($166,058.82/Unit)Cap: 5.78%9 UnitsPortfolio OverviewOpportunity 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$550,000Property TypeFour Unit MultifamilyFinancial SummaryGross Monthly Income$4,100Gross Annual Income$49,200Annual NOIApproximately $38,573Cap Rate7.01%Highlights Four-unit apartment building Complete renovation Excellent condition Strong rental corridorBuilding InformationUtilitiesSeparately meteredElectric paid by tenantsWater paid by ownerHeating / CoolingCentral AirCentral HeatRoof - Approximately 4 years oldWater Heaters - Approximately 4 years oldElectrical -100 amp service to every unitRenovations - Complete renovationCondition - ExcellentParking - NoneDeferred Maintenance - NoneKnown Issues - None
| MLS # | PAPH2654776 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 54 |
| Listing Provided By | Capital Commercial Real Estate Group | Christopher A Yangello |
| SQ Feet | 2,170 |
|---|---|
| Units | 4 |
| Zoning | RM1 |
| Acreage | 0.04 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Concrete Perimeter |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 4129 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19151 |
| Area | 19151 (19151) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19151) | |
Price: $550,000 low | high Med: $235,000 sqft: 2,170 low | high Med: 1,284 $ / sqft: $253 low | high Med: $186 On site: 54 low | high Med: 75.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19151 |
| Area | 19151 (19151) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19151) | |
Price: $550,000 low | high Med: $235,000 sqft: 2,170 low | high Med: 1,284 $ / sqft: $253 low | high Med: $186 On site: 54 low | high Med: 75.5 | |