3960 N 7TH STREET
PHILADELPHIA, PA 19140

$150,000

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Status Active
Listing MultiFamily
Style Other
Year Built 1950
MLS® PAPH803404
Original Listing Open Link
MultiFamily For Sale

Property Features
This property is being SOLD ONLY AS PART OF A PACKAGE DEAL that includes 13 single family homes and a multi-family property - all of which are located in Philadelphia. The single-family homes range from 3 bedroom 1 bath to 4 bedroom 1.5 bath. The breakdown is showcased in the attached documentation. This portfolio has 100% occupancy and offers tremendous value with an annual gross income of $161,652.00 with a 9%+ cap rate. You'll see from the attached proforma that the annual gross income can be substantially increased by converting 6 of the 14 units to PHA rentals and increasing rent on the 3 of the 9 units currently on PHA. This would increase the cash flow return to over 20%! All buyers are required to showcase proof of funds/pre-approval to gain access to sample properties to view. MLS # PAPH803404, PAPH803432, PAPH803438 and PAPH803694 are included in this sale and are a representation of the variety of properties included in this portfolio.
Key Features
House Size 1140 Sq. Ft.
Lot Size 0.03 acres
Property Type MultiFamily
Year Built 1950
Style Other
Interior Features
Total Sq. Ft. 1140 Sq. Ft.
Heating Electric
Exterior Features
Lot Size 0.03 acres
Roof Unknown
The Neighborhood
County PHILADELPHIA

Disclaimer: Copyright © 2019 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Listing Agent
Danielle Py-Salas
Realty ONE Group Legacy
Direct: 610-649-4181
Broker: 215-234-7645
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Contact
Listing Agent
Danielle Py-Salas
Realty ONE Group Legacy
Direct: 610-649-4181
Broker: 215-234-7645
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.