$ 4,500,000
-
$4,500,000
Price -
72
Bed -
0
Bath -
1,552
SqFt
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About the Listing EXPREALP - 3191626
Exceptional opportunity to acquire a 24-unit residential portfolio throughout the Northeast Philadelphia corridor, with the flexibility to purchase the entire package, buy in neighborhood blocks, or purchase individual properties. One unit may be sold separately depending on offer strength. Northeast Philly Portfolio (2) The portfolio spans several of the city’s strongest rental submarkets, including Mayfair, Oxford Circle, Frankford, Tacony, Lawncrest, and West Philadelphia. These areas are known for long-term tenant stability, consistent rent demand, strong appreciation trends, and low vacancy rates. The mix includes performing rentals, month-to-month tenants, and select vacant or value-add units, giving investors immediate income along with clear upside through turnover, rent increases, and light repositioning. Current rents across many properties remain below market due to long-term tenancy. This creates significant room for rent growth once units are brought to market levels or re-leased. The stabilized portfolio projects an estimated 8–10% cap rate, with additional built-in equity available at acquisition. Management can remain in place for a seamless transition if desired. This offering is suitable for cash buyers, conventional investors, DSCR financing, private lending, and potential seller financing. Exterior drive-by showings are allowed; interior access will be coordinated after an accepted offer to respect tenant privacy. A rare chance to secure substantial cash flow, appreciation, and scalable management efficiency across one of Philadelphia’s most resilient and high-demand rental markets. See Documents For Proforma. Full rent rolls, ledgers, photos, and the offering memorandum are available upon request.
Listing Highlights
Status
Active
Days on Site
33
Property Type
Multi-Family
MLS ®
PAPH2559042
Year Built
1940
Total Square Footage
1,552
Lot/Acreage
0.69
Interior Details
- Bedrooms: 72
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C,Ceiling Fan(s),Multi Units,Window Unit(s)
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1552
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 30 car
- Parking Spaces: 30
- Lot Dimensions: 16.00 x 100.00
- Zoning: RSA5
- Roof:
- Others: Excellent,Very Good,Good,Average,Below Average
- Sewer: Public Septic
- Parking Features: Garage - Rear Entry,Attached Garage,Detached Garage,Driveway,Off Site,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $60,712
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
6066 E Roosevelt Boulevard Philadelphia, PA 19149
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