$16,000,000

1028-42 E Lycoming St

PHILADELPHIA PA, 19124

Description

This is a rental portfolio sale. There are 136 Units spread over 105 addresses. All but one property is in Philadelphia. One is in Collingdale Boro, Delaware County. There are three apartment buildings. The apartment buildings are to be sold in the package, not separated out. There are four Duplexes and the balance are 2, 3 and 4 bedroom single family dwellings. The majority are 3 bedroom. There are mostly rows, but there are a few singles and some twins. All are well kept and rented or soon to be rented. They are all in decent zip codes. Some are in great zip codes. Areas covered are Juniata, Northwood, Frankford, Wissinoming, Mayfair, Holmesburg, Port Richmond, Bridesburg and the Northeast. There is obviously due diligence to be done, so I will give a list of the addresses and then assist in making appointments once a bono fide sale price is established and the purchaser(s) are vetted. This portfolio is throwing off some good monthly numbers. This is an opportunity to expand your rental portfolios while money is cheap. Please no curiosity seekers or tire kickers. We own these properties and have serviced them for like 20 years.

Details

MLS#PAPH881754
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
Status10000069142
Year1970
Days On Site264

Features

SQ Feet17,000
ZoningCMX2
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Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19124
Area19124 (19124)
Listing VS Median (in 19124)
Price:
$16,000,000
low | high
Med:
$149,000
100% of Average
SqFt:
17,000
low | high
Med:
1,274
100% of Average
$ / SqFt:
$941
low | high
Med:
$117
100% of Average
On Site:
264
low | high
Med:
89
100% of Average
Listing Updated: November 28, 2020 8:23:40 PM PST
Raymond Hogeland LogoMLS Number: PAPH881754
Listing Provided By:
Raymond Hogeland  of  Georgette M Innes Inc
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