For Sale

Listed by David Brown and Dennis Carlisle

Source: Bright MLS #PAPH990918

108 S 55th St, Philadelphia, PA, 19139

$150,000

3
1
0.02 ac.

Other

30+ days on the market

What's around 108 S 55th St

About this property

A rare opportunity to own a fully-occupied scattered -site, turn -key residential rental portfolio of 10 properties in West Philadelphia. All of the units are under Housing Choice Voucher program leases with the Public Housing Agency being responsible for an average of 79% of their income across all the properties. The portfolio was acquired over a period of seven years and nearly all of the units have been renovated within the last five years and have in-unit washers/dryers and microwaves. Ownership has maintained and self-managed the properties during this period. This opportunity offers investors a steady income for years to come for a group of properties located in an area that is rapidly increasing in value. All 10 properties have to be purchased as a package deal. No separation of package. 10 properties: 22 N. Conestoga St., 5451 Kingsessing Ave., 1235 Conestoga St., 111 N. 59th St., 5522 Pearl St. , 5209 Hazel St., 145 N Wanamaker St. 2059 S. Frazier St., 207 N Wilton St.

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