1323 N 51ST ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19131
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $4,291
Subdivision Carroll Park
MLS Listing ID PAPH2442156
Style Straight Thru
Bedrooms 3
Full Baths 1
Year Built 1925
Annual Tax Amount $1,175
Tax Year 2024
Lot Size 960 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
This listing is part of a larger investment portfolio available for bulk purchase only. The portfolio consists of 25 renovated and rent-stabilized properties spanning West Philadelphia, North & Central Philadelphia, Kensington, Frankford & Port Richmond, University City & Brewerytown, and Southwest Philadelphia. This portfolio is ideal for investors seeking guaranteed cash flow, as most properties are occupied by Philadelphia Housing Authority (PHA) tenants. With a yearly rent roll totaling approximately $500,000, low turnover, and expenses, this portfolio could yield approximately 42% cash-on-cash returns for the savvy investor. Contact the listing agent for the rent roll, lease details, and full portfolio details.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Laundry Basement
Exterior
Water Access N
Building
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard