$865,000 $4,644 est/mo Sourced by Back At You

811 (bldg 1) S 11th St,Philadelphia, PA 19147

Philadelphia PA, 19147

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Description

Opportunity to purchase a real estate rental portfolio. Offering 9 units in the form of 3 triplexes, all in South Philadelphia on 11th Street. Total asking price is $2,595,000. Buildings have been owned for between 3 and 17 years with a 99% occupancy rate. All units are currently occupied. Although it is for three buildings, it is an all-or-nothing offer in which all three buildings must be purchased together. All three buildings are on 11th street in the Bella Vista area of South Philadelphia. Within the nine units are: Seven 2-bedroom apartments, Two 1-bedroom apartments.Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $1700 / $1,750 for a total rent roll of $5,450. Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: $1,650 / $1,400 / $1,450 for a total rent roll of $4,500. Building 3 is 1182 South 11th Street. It consists of two 2-bedroom units, each with two full baths and one 1-bedroom unit with one full bath. Each unit has in-unit washer-dryers and central air. The third-floor unit has an outdoor deck. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $2,000 / $1,605 for a total rent roll of $5,605.

Details

MLS#PAPH2345368
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1915
Days On Site60
Listing Provided ByHomeZu by Simple Choice | Christopher J Carr
Buying Commision1.4% Of
Listing CommissionOf Gross

Features

SQ Feet2,808
BasementY
ZoningRM1
Acreage0.03

Market Activity 19147

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19147
Area19147
School DistrictPhiladelphia City
Listing VS Median (in 19147)
Price:
$865,000
low | high
Med:
$399,450
100% of Average
SqFt:
2,808
low | high
Med:
1,241
100% of Average
$ / SqFt:
$308
low | high
Med:
$338
40.305507078584% of Average
On Site:
60
low | high
Med:
1281.000000
4.683840749415% of Average
Sourced by Back At You
Listing Updated: June 1, 2024 at 1:32:55 AM PDT