$1,480,000

5209 Hazel Avenue

PHILADELPHIA PA, 19143

Description

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: 5209 Hazel St., 22 N. Conestoga St., 5451 Kingsessing Ave., 1235 Conestoga St., 111 N. 59th St., 5522 Pearl St. , 108 S. 55th St.., 145 N Wanamaker St. 2059 S. Frazier St., 207 N Wilton St. Group 2 of 5 scattered-site portfolios.

Details

MLS#PAPH990940
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusACTIVE
Year1910
Days On Site156

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,008
BasementY
Story(s)2
ZoningRM1
Acreage0.02
Water FrontNo

Additional Information

MunicipalityPHILADELPHIA
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Area Information
StatePA
CountyPHILADELPHIA
CityPHILADELPHIA
Zip Code19143
Area19143 (19143)
Community NamePHILA (WEST)
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in PHILA (WEST))
Price:
$1,480,000
low | high
Med:
$219,000
100% of Average
SqFt:
1,008
low | high
Med:
1,807
29.265873015873% of Average
$ / SqFt:
$1,468
low | high
Med:
$121
100% of Average
On Site:
156
low | high
Med:
42
100% of Average
Sourced by Back At You
Listing Updated: July 13, 2021 9:56:05 AM PDT
David T Brown LogoMLS Number: PAPH990940
Listing Provided By:
David T Brown  of  OCF Realty LLC
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