Property
Beds
5
Full Baths
1
1/2 Baths
1
Year Built
1915
Sq.Footage
1,696
AVAILABLE INDIVIDUALLY, or as part of a larger Philadelphia residential portfolio, this offering presents an exceptional opportunity to acquire scale, existing rental income, and long-term optionality in one of the East Coast’s most active urban housing markets. Investors may evaluate individual assets or assemble a customized portfolio based on their acquisition strategy. The full portfolio includes 102 properties totaling 108 residential units, offered at $18,800,000. The assets are located across multiple Philadelphia ZIP codes, including 19132, 19104, 19121, 19139, 19143, 19131, 19151, 19140, 19133, and 19129, providing investors with broad exposure across several residential rental submarkets. The portfolio is currently operated primarily as Housing Choice Voucher / Section 8 rental housing and includes existing tenancy, reported capital improvements, and a substantial citywide footprint. Current ownership reports approximately $9.77M in documented CapEx across the portfolio, averaging roughly $96,775 per property. Actual capital improvements, scope of work, timing, condition, and amount spent vary by property and should be independently reviewed by buyers during due diligence. Reported improvements may include updated kitchens, bathrooms, flooring, lighting, paint, trim, cabinetry, fixtures, appliances, and broader unit-level modernization, depending on the individual property. The portfolio is positioned for investors seeking immediate scale, existing income, and a platform with potential for continued operational refinement. Select properties are also reported to have remaining tax abatement benefits, which may provide additional value subject to buyer verification. For investors looking to establish or expand a meaningful Philadelphia residential portfolio, this offering delivers scale, infrastructure, and flexibility that can be difficult to assemble property by property. All property-level information, financials, rents, expenses, leases, occupancy, abatements, capital improvements, property condition, zoning, and investment assumptions are subject to buyer verification during due diligence.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Above Grade Finished Area
1696.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Main Level Bedrooms
5
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Lot Size(square feet)
864.0
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Straight Thru
Price
-
Sales Price
$204,000
-
Tax Amount
$836
-
Sq. Footage
1, 696
-
Price/SqFt
$120
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Other
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
33
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Asa Kurland , KW Empower
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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