1258 N 64th St, Philadelphia, PA 19151

Property Description

Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 1258 N 64th St: Asking Price $550,000 Property Type Four Unit Multifamily Financial Summary Gross Monthly Income $4,100 Gross Annual Income $49,200 Annual NOI Approximately $38,573 Cap Rate 7.01% Highlights • Four-unit apartment building • Complete renovation • Excellent condition • Strong rental corridor Building Information Utilities Separately metered Electric paid by tenants Water paid by owner Heating / Cooling Central Air Central Heat Roof - Approximately 4 years old Water Heaters - Approximately 4 years old Electrical -100 amp service to every unit Renovations - Complete renovation Condition - Excellent Parking - None Deferred Maintenance - None Known Issues - None