1258 N 64Th St, Philadelphia, PA 19151

Description

Part of a Portfolio - $2,823,000 ($166,058.82/Unit)
Cap: 5.78%
9 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.

1258 N 64th St:
Asking Price
$550,000
Property Type
Four Unit Multifamily
Financial Summary
Gross Monthly Income
$4,100
Gross Annual Income
$49,200
Annual NOI
Approximately $38,573
Cap Rate
7.01%
Highlights
• Four-unit apartment building
• Complete renovation
• Excellent condition
• Strong rental corridor
Building Information
Utilities
Separately metered
Electric paid by tenants
Water paid by owner
Heating / Cooling
Central Air
Central Heat
Roof - Approximately 4 years old
Water Heaters - Approximately 4 years old
Electrical -100 amp service to every unit
Renovations - Complete renovation
Condition - Excellent
Parking - None
Deferred Maintenance - None
Known Issues - None