For Sale
$1,615,000

0 Algard StPhiladelphia, PA 19135

High-yield, 14-unit rental package in Philadelphia.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a portfolio of fourteen single and two-family homes located on Algard Street in Philadelphia, Pennsylvania, 19135. Currently operating at 80% occupancy, this Class C multifamily property offers a compelling return on investment. The asking price is $1,615,000, translating to $114,000 per unit. All properties are in good condition and well-maintained, with tenants currently in place. Each property has undergone lead testing. The zoning is residential. This is a package deal requiring a minimum purchase of three parcels, although all offers will be considered. Proof of funds is required with all offers, which must be submitted in writing. The buyer is responsible for conducting their own due diligence (U&O). A complete list of available properties and their respective prices is available upon request. This is an ideal opportunity for investors seeking to expand their existing portfolio or establish a new one in a strong rental market.

Highlights

  • Portfolio of 16 multifamily properties (14 single-family, 2 two-family) in Philadelphia, PA.
  • Currently 80% occupied, offering strong ROI.
  • Asking price: $1,615,000 ($114,000 per unit).
  • Properties are well-maintained with existing tenants; lead testing completed.
  • Minimum purchase of three parcels; all offers considered; proof of funds required.
  • Buyer responsible for due diligence.

Property Details for 0 Algard St

Property type
Residential income homes
Class
C
Buildings
14
Units
14

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.0278731
Longitude
-75.0497278
Algard St, Philadelphia, Pennsylvania

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0 Algard St
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