A fantastic opportunity to acquire a premium, fully occupied, and well managed portfolio of 31 single-family properties centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia. All 31 parcels are situated in a tight geographic area ideal for management and enhanced economies of scale. In a red hot neighborhood with some under-valued rents and significant capital appreciation opportunity. If desired, enjoy the flexibility to improve and/or spin-off certain assets and hold the rest. Professionally managed package (property manager can remain, at buyer's option). These fully occupied 31 townhomes present an advantageous investment opportunity in a rapidly improving West Philadelphia neighborhood, close to amenities, public transportation, Cobbs Creek Trail, and other developments. Inclusive of those developments is a $65 million commitment by the city of Philadelphia, The Cobbs Creek Foundation, and The TGR Foundation (founded by Tiger Woods) to revamp the existing golf course (Philadelphia's oldest course), enhance the public space, and create an educational campus for local youth. The Cobbs Creek Environmental Center has also planned significant improvements. NOTE--24 3BR homes, six 4BR homes, one 5BR home. The full 31-property portfolio includes (with their OPA Account #'s): 131 N 55th Street (0411588000). 1410 N Hirst Street, (342327100). 1517 N 56th Street, (041349500). 1531 N Robinson Street, (342274100). 1633 N 60th Street, (3421960001234). 1847 S 54th Street, (512085600). 516 S 59th Street, (032198600). 5355 Irving Street, (603054300). 5513 Irving Street, (604057300). 5542 Larchwood Avenue, (463004200). 5624 Rodman Street, (463031900). 5639 Montrose Street, (463141400). 5642 Broomall Street, (513114000). 5717 Addison Street, (604126500). 5731 Rodman Street, (463029200). 5734 Rodman Street, (463035200). 5745 Addison Street, (604127900). 5752 Pemberton Street, (463072700). 5757 Walton Street, (463081300). 5787 Stewart Street, (043219500). 5816 Washington Avenue, (033113800). 5825 Angora Terrace, (034019500). 5837 Hoffman Avenue, (034039100). 5908 Christian Street, (033063200). 5910 Webster Street, (033030300). 6021 Christian Street, (033053800). 6037 Irving Street, (031103100). 6111 Irving Street, (031104700). 6137 Locust Street, (031089100). 629 N Frazier Street, (043062900). 651 N Peach Street, (442340800).
This property is being sold as is . The seller will not be making repairs.Welcome to your new church, a home for approximately 100 members with abundant possibilities for future expansion. orDon't pass up on the chance to acquire a commercial property with the potential to create stunning apartment units and a storefront, all within the permissible zoning of a promising location. This appealing opportunity comes at the perfect price. Contact me to arrange a viewing.
Very desirable neighborhood, this could be your next rehab project. A 6 unit apartment building with double commercial space on the bottom.
Owner is highly motivated bring all offers, this attractive multi unit building, located on a desirable block in an up & coming neighborhood, is a great investment property with great cash flow, reasonably-priced! Properties in the immediate vicinity have sold for more. Transportation and close to shopping!!! The 1st fl commercial space is vacant. There are currently 3 apartments on the 2nd fl that are occupied. Rents are below market value. Rents are $500, $550 and $600. This is a great investment, let the 2nd fl pay for the 1st fl. Buyer responsible for all zoning, licenses and U&O. Seller is anxious to sell!!!!MAKE AN OFFER!!!!!!
Take advantage of this great opportunity to invest in almost 1.3 acres of I2 zoned space. Has your business outgrown your current location? Are you looking to expand or start a new venture? I2 zoning gives you a multitude of business options including Multifamily; Passive Recreation; Safety Services; Transit Station; Basic Utilities and Services; Major Utilities and Services; Wireless Service Facility; Business and Professional Offices; Group Medical, Dental, Health Practitioner; Building Supplies and Equipment; Animal Services; Business Services; Business Support; Financial Services; Maintenance and Repair of Consumer Goods; Non-Accessory Parking; Radio, Television, and Recording Services; Commercial Vehicle Repair and Maintenance; Commercial Vehicle Sales and Rental; Personal Vehicle Repair and Maintenance; Personal Vehicle Sales and Rental, Vehicle Fueling Station; Vehicle Paint Finishing Shop; Equipment and Material Storage Yards and Buildings; Moving and Storage Facilities; Warehouse; Wholesale Sales Distribution; Distributor of Malt or Brewed Beverages; Artist Studios and Artisan Industrial; Limited Industrial; General Industrial; Research and Development; Trucking and Transportation Terminals; Community Garden; Market or Community -Supported Farm; Animal Husbandry; Horticulture Nurseries and Greenhouses. If you don't want to fight with the city over variances and rezoning, this property has everything you're looking for. Schedule your appointment today.
