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2087 Kingston St Philadelphia, PA 19134

30-unit rental portfolio, 100% occupied

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a portfolio of thirty single-family rental homes located in Philadelphia, Pennsylvania, within the 19134 zip code. The portfolio comprises thirty individual buildings, each a two-story structure, offering a mix of 700 to 1400 square feet of living space. Built in 1920 and extensively renovated in 2021, these properties boast a current 100% occupancy rate, generating substantial rental income. Each unit typically features two or three bedrooms and one bathroom. The properties are zoned RSA5 and are currently licensed for rental operations, having undergone lead testing. This is a turnkey investment, ideal for experienced investors seeking a stable, high-yield return. The properties are sold "as is," and the buyer is responsible for conducting their own due diligence (U&O). A deposit of $2500 is required within three days of a signed agreement of sale. This is a rare opportunity to acquire a significant multifamily portfolio in a desirable Philadelphia location. Direct interaction with tenants is strictly prohibited. All offers will be considered.

Highlights

  • 30-unit single-family rental portfolio in Philadelphia, PA.
  • 100% occupancy.
  • Units range from 700 to 1,400 square feet.
  • Properties built in 1920, renovated in 2021.
  • Class C properties.
  • RSA5 zoning.

Property Details for 2087 Kingston St

Property type
Residential income homes
Square Feet
700 SF
Class
C
Year Built/Renovated
1920/2021
Buildings
30
Stories
2
Units
30

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9971687
Longitude
-75.1009982

FAQs

What type of property is this?
Residential income home - 30-unit rental portfolio, 100% occupied
Where is the residential income home located?
The property is located at 2087 Kingston St Philadelphia, PA.
What are key features of this property?
This property features: 30-unit single-family rental portfolio in Philadelphia, PA.; 100% occupancy.; Units range from 700 to 1,400 square feet.
How can I contact the broker?
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2087 Kingston St
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