UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,445 sqft
Price per Sqft $100
Subdivision None Available
MLS Listing ID PAPH2654036
Style Other
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,445
Year Built 1925
Annual Tax Amount $1,721
Tax Year 2023
Lot Size 795 Sqft
Acres 0.02
Lot Dimensions 15.00 x 53.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Cap: 5.78%
7 Units
Portfolio Overview
Opportunity 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.
6414 Vine St:
Asking Price
$145,000
Property Type
Single Family Rental
Financial Summary
Gross Income
Approximately $15,600
Annual NOI
Approximately $12,370
Cap Rate
8.53%
Highlights
• Highest cap rate in portfolio
• Existing cash flow
• Workforce housing
• Turn-key investment
Building Information
Utilities
Tenant pays
Heating/Cooling
Central Air
Central Heat
Roof Approximately 5-6 years old
Water Heater Approximately 3 years old
Electrical
200 amp
Renovations
Full gut renovation completed in 2018
Condition
Good
Deferred Maintenance: None
Known Issues: None
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning CMX2
Rooms
Basement Other
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Central
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Story 2
Foundation Other
Above Ground Finished SqFt 1445
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 343007900
Ownership Fee Simple
SqFt Source 1445
Special Listing Condition Standard
Nearby School & Business
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