Philadelphia Cashflowing Portfolio Multi-Family FOR SALE


Philadelphia, PA - Haddington
$2,500,000 USD
215-627-3500
, Philadelphia, PA for Sale
$2,500,000 USD
Multi-Family - FOR SALE
1/3
null | 11% Cap Rate

Philadelphia Cashflowing Portfolio
Philadelphia, PA
Haddington


HIGHLIGHTS

  • Located along North 63rd Street, a well-traveled commercial corridor connecting West Philadelphia neighborhoods.
  • Approximately one mile from SEPTA's 63rd Street Market-Frankford Line station.
  • Convenient access to multiple SEPTA bus routes serving the surrounding area and regional transit connections.
  • Positioned near Market Street, one of West Philadelphia's primary east-west transportation corridors.
  • Accessible to University City, home to major employers, research institutions, and healthcare facilities.
  • Convenient connectivity to Center City Philadelphia and the Main Line via nearby public transportation and roadway networks.?

OVERVIEW

63rd st Portfolio- 3 buildings 26 total units fully renovated and stabilized. Studios with luxury finishes, kitchens, bathrooms in each unit with heavy cashflow and potential cost segregation study (35% of sale price accelerated depreciation) 205 (14 unit), 207 (7 unit), 211 (5 unit) N 63rd St All are actively leased for short - mid term rentals as boutique hotel. $30,000 + per mo gross income. You can see the listings here with photos https://www.hotels.com/ho3740106336/lodgyy-studios/ With 26 kitchens and bathrooms, the cost segregation could be a very strong opportunity for tax savings of approximately 35% of purchase price. Current income is approximately $30,000+ per mo.

ASK ABOUT THIS PROPERTY

Dan DeckelbaumKeller Williams Real EstateMore Info
215-627-3500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Dan DeckelbaumKeller Williams Real EstateMore Info
215-627-3500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.