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Straight Thru

1258 N 64TH STREET

PHILADELPHIA, PA 19151

MLS#: PAPH2654776

$550,000

Status: Active
Listing number: PAPH2654776
Listing provided by: Capital Commercial Real Estate Group
Listing agent phone: None
Last update: 8 days ago
On site: 9 days ago
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Property

Beds

7

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

2,170

Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 1258 N 64th St: Asking Price $550,000 Property Type Four Unit Multifamily Financial Summary Gross Monthly Income $4,100 Gross Annual Income $49,200 Annual NOI Approximately $38,573 Cap Rate 7.01% Highlights • Four-unit apartment building • Complete renovation • Excellent condition • Strong rental corridor Building Information Utilities Separately metered Electric paid by tenants Water paid by owner Heating / Cooling Central Air Central Heat Roof - Approximately 4 years old Water Heaters - Approximately 4 years old Electrical -100 amp service to every unit Renovations - Complete renovation Condition - Excellent Parking - None Deferred Maintenance - None Known Issues - None

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2170.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    1,901

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Straight Thru

Price

  • Sales Price

    $550,000

  • Tax Amount

    $4,129

  • Sq. Footage

    2,170

  • Price/SqFt

    $253

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

  • Tax Lot

    180

  • Water Source

    Public

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Listing Courtesy of Christopher A Yangello , Capital Commercial Real Estate Group

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 1258 N 64th St: Asking Price $550,000 Property Type Four Unit Multifamily Financial Summary Gross Monthly Income $4,100 Gross Annual Income $49,200 Annual NOI Approximately $38,573 Cap Rate 7.01% Highlights • Four-unit apartment building • Complete renovation • Excellent condition • Strong rental corridor Building Information Utilities Separately metered Electric paid by tenants Water paid by owner Heating / Cooling Central Air Central Heat Roof - Approximately 4 years old Water Heaters - Approximately 4 years old Electrical -100 amp service to every unit Renovations - Complete renovation Condition - Excellent Parking - None Deferred Maintenance - None Known Issues - None

1258 N 64TH STREET

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