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Philadelphia,PA 19143
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 918 sqft
Price per Sqft $120
Subdivision Squirrel Hill
MLS Listing ID PAPH2531436
Style Other
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 918
Year Built 1940
Annual Tax Amount $1,983
Tax Year 2025
Lot Size 1,000 Sqft
Acres 0.02
Lot Dimensions 18.00 x 61.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
We are pleased to present an exclusive opportunity to acquire a stabilized, income-producing portfolio consisting of 41 scattered-site single-family rentals located across key submarkets of North and West Philadelphia. The portfolio is 100% leased (40 private-pay / 1 PHA) with long-term tenants in place (average lease term of > 5.6 years), and has undergone significant renovation work within the last 5-10 years, offering durable in-place cash flow and strong occupancy history. While each home varies slightly in configuration and style, the majority feature modernized mechanicals, updated kitchens and baths, and efficient layouts tailored to working-class tenant demand. Despite its stabilized performance, rents across the portfolio remain below market averages, positioning the portfolio for strong NOI growth through targeted unit turnover and operational optimization. The properties all have long-term active rental licenses, no violations, and are certified lead safe (37) or lead free (4). This portfolio offers a rare blend of current cash flow and strategic upside in a high-demand rental corridor within Philadelphia's path of growth. Ideal for local or institutional investors seeking scale in an urban SFR market with tangible long term appreciation potential.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RSA5
Rooms
Basement Other
Interior
Hot Water Other
Heating Other
Cooling Other
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility Other
Garage N
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 273044100
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Financing Cash,Conventional,Other
Special Listing Condition Standard