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47XX Property Package
Philadelphia, PA 19136 Holmesburg

$1,350,000 USD

Land For Sale  •  2,000 AC

Property Details

  • Property Type Land
  • Lot Size 2,000 AC
60 Transit Score
60 Walk Score

Description

9-unit Philadelphia rowhouse portfolio offered at $1,350,000  (9% blended cap rate), fully occupied, cash flowing on day one. Current rent roll of $9,350/month against $20,330 in annual taxes produces approximately $91,870 in net operating income. Average acquisition cost of $150,000 per door, at or below individual retail comps in each corridor. Six of nine units sit in PHA Group 1 ZIP codes (19124) where the 3-bedroom Housing Choice Voucher payment standard is $1,788/month — nearly double current in-place rents averaging $960/month.  Eight of nine units are 3BR/1BA brick and stone rowhouses; one is a 4BR/1.5BA. All units occupied. Buyer to perform independent due diligence on tenant leases, rental licensing, and HQS compliance requirements. Portfolio must be sold as a single package — no individual unit sales. Contact listing agents for full rent roll, underwriting package, and PHA payment standard documentation.

Confidential offering – full property list, financials, and rent roll available upon request. Do not disturb tenants.

Public Transportation

Commuter RailDriveWalkDistance
Holmesburg Junction (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 1 min 5 min 0.3 mi
Tacony (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 3 min - 1.4 mi
AirportDriveWalkDistance
Philadelphia International 32 min - 20.2 mi
Trenton Mercer 37 min - 24.3 mi
James Roche 215-607-6007 KW Steel City
James Roche 215-607-6007 KW Steel City