Massive value add opportunity consisting of 9 total properties, totaling 29 residential apartments located in the Kensington & Harrowgate neighborhoods of Philadelphia, PA.
All apartments have below market rents providing the buyer the opportunity to renovate / modernize the apartments and bring the rents up to market, subsequently increasing the property value.
Three properties in the portfolio, 2922 Frankford Ave, 2924-26 Frankford Ave & 2928 Frankford Ave, are adjoined at the basement and first floor levels.