Property Showcase

108 S 55TH STPhiladelphia, PA 19139 0

$6,999,999
Condo/Townhouse
Status: Active
  • Bed:3
  • Bath:1
  • Sqft:1,290
  • Lot:0.02 acre
  • MLS#: PAPH990918
39.958927154541016-75.231369018554688
Courtesy Of OCF Realty LLC

Description:

A rare opportunity to own a fully-occupied scattered -site, turn -key residential rental portfolio of 48 properties in West Philadelphia. All but two of the units are under Housing Choice Voucher program leases with the Public Housing Agency being responsible for an average of 73% of their income across all the properties. The portfolio was acquired over a period of seven years and nearly all of the units have been renovated within the last five years and have in-unit washers/dryers and microwaves. Ownership has maintained and self-managed the properties during this period. This opportunity offers investors a steady income for years to come for a group of properties located in an area that is rapidly increasing in value. All 48 properties have to be purchased as a package deal. No separation of package. 48 properties: 5209 Hazel Ave, 145 N. Wanamaker St, 108 S. 55th St, 2059 S. Frazier St, 2511 S. Dewey St, 1213 N. Allison St, 59 N. Felton St, 1725 S. 55th St, 5506 Lansdowne Ave, 7252 Grays Ave, 6068 Callowhill St, 52 N. Felton St, 545 N. Allison St, 1334 N. Wanamaker St, 233 N. Ramsey St, 5637 Broomall St, 334 N. Salford St, 6409 Saybrook Ave, 530 N. Vodges St, 4526 Westminster Ave, 445 N. 51st St, 1112 S. Ruby St, 162 N. Millick St, 105 N. Millick St, 325 N. Robinson St, 5961 Chester Ave, 635 N. 54th St. 22 N. Dewey St, 22 N. Conestoga St, 1626 S. Wilton St, 5435 Belmar Terrace, 139N. 51st St, 5327 Ogden St, 5451 Kingsessing Ave, 1235 N. Conestoga St, 207 N. Wilton St, 5539 Wyalusing Ave, 111 N. 59th St, 426 N. Robinson St, 236 N. Wanamaker St, 1419 N. Alden St, 228 N. Hobart St, 5536 Wyalusing Ave, 1249 N. Allison St, 5140 Parrish St, 126 N. Wilton St, 147 N. Dewey St, 5522 Pearl St.

Main Features:

Listing Status Active Year Built 1925
Floors 2 Full Bath 1
School District THE SCHOOL DISTRICT OF PHILADELPHIA County Philadelphia
Taxes $1,050.00 Tax Year 2021
Rental Price $0 Subdivision Phila (West)

Additional Features:

Air Conditioning No
Appliances Dryer
Microwave
Oven/Range - Gas
Refrigerator
Cooling Window Unit(s)
Cooling Fuel None
Financing Cash
Conventional
Exchange
Other
Heating 90% Forced Air
Heating Fuel Natural Gas
Historic YN No
Interior Features Ceiling Fan(s)
Kitchen - Eat-In
Tub Shower
Wood Floors
Lot SF Source Assessor
New Construction No
Possession Other
Subject to Existing Lease
Rental Features No
Sewer Public Sewer
Water Access No
Water Heater Natural Gas
Water Source Public
Waterfront No

Extra Features:

Assessment Year 2021 Fireplaces Total 0
List Type (Exclusive) Exclusive Right MLSSystem ID BRIGHT
Price Per SQFT 5426.36 Sourced By Bright MLS
Upper Bedrooms 3 Upper Full Baths 1
Upper Half Baths 0

Bright MLS Logo


Information deemed reliable but not guaranteed.
Copyright© 2021 Bright MLS. All Rights Reserved.
Last Updated On: 4/22/2021 6:31:44 AM

108 S 55TH ST, Philadelphia, PA 19139

Home Estimates

Home Sales near 108 S 55TH ST Philadelphia, PA 19139

Neighborhood info courtesy of Homes.com © 2021

Demographics

Demographics of Philadelphia, PA

Neighborhood info courtesy of Homes.com © 2021

Schools

Schools near 108 S 55TH ST Philadelphia, PA 19139

Neighborhood info courtesy of Homes.com © 2021

Climate

Climate of Philadelphia, PA

Neighborhood info courtesy of Homes.com © 2021

Houses of Worship

Houses of worship near 108 S 55TH ST Philadelphia, PA 19139

Neighborhood info courtesy of Homes.com © 2021

Bright MLS Logo


Information deemed reliable but not guaranteed.
Copyright© 2021 Bright MLS. All Rights Reserved.
Last Updated On: 4/22/2021 6:31:44 AM

recently seen homes

Similar Listings near 108 S 55TH ST Philadelphia, PA 19139

Berkshire Hathaway Home Services Fox & Roach Realtors

Jacquie Testa

Business:(610) 608-6886

request more info.

schedule a showing

What's My Mortgage?

Berkshire Hathaway Home Services Fox & Roach Realtors

Jacquie Testa

338 West Lancaster AvenueHaverfordPA19041
Business:(610) 608-6886
Fax:(215) 375-7165
License #:158326
www.jacquietesta.com is powered by Homes.com & Jacquie Testa, number one in real estate for Lower Merion, PA © Homes Media Solutions
All rights reserved. All information deemed reliable but not guaranteed