1028-42 E Lycoming Street

    PHILADELPHIA, PA 19124
    • $16,000,000
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: PAPH881754
    UPDATED: 49 min ago
    $16,000,000
    • 0
      BEDS
    • 0.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:

    School Ratings & Info

    Description

    This is a rental portfolio sale. There are 136 Units spread over 105 addresses. All but one property is in Philadelphia. One is in Collingdale Boro, Delaware County. There are three apartment buildings. The apartment buildings are to be sold in the package, not separated out. There are four Duplexes and the balance are 2, 3 and 4 bedroom single family dwellings. The majority are 3 bedroom. There are mostly rows, but there are a few singles and some twins. All are well kept and rented or soon to be rented. They are all in decent zip codes. Some are in great zip codes. Areas covered are Juniata, Northwood, Frankford, Wissinoming, Mayfair, Holmesburg, Port Richmond, Bridesburg and the Northeast. There is obviously due diligence to be done, so I will give a list of the addresses and then assist in making appointments once a bono fide sale price is established and the purchaser(s) are vetted. This portfolio is throwing off some good monthly numbers. This is an opportunity to expand your rental portfolios while money is cheap. Please no curiosity seekers or tire kickers. We own these properties and have serviced them for like 20 years.

    Monthly Payment Calculator



    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sunita Bali Team at Re/Max Town Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-03-28T16:49:58.67.
    www.balihomes-md.com/homes/104016977

    1028-42 E Lycoming Street PHILADELPHIA, PA 19124

    • Price: $16,000,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: PAPH881754
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.49
    Acres
    1970
    Built
    Neighborhood:
    19124 (19124)
    County:
    Philadelphia
    Area:
    19124 (19124)
    School District:
    The School District Of Philadelphia
    Property Description
    This is a rental portfolio sale. There are 136 Units spread over 105 addresses. All but one property is in Philadelphia. One is in Collingdale Boro, Delaware County. There are three apartment buildings. The apartment buildings are to be sold in the package, not separated out. There are four Duplexes and the balance are 2, 3 and 4 bedroom single family dwellings. The majority are 3 bedroom. There are mostly rows, but there are a few singles and some twins. All are well kept and rented or soon to be rented. They are all in decent zip codes. Some are in great zip codes. Areas covered are Juniata, Northwood, Frankford, Wissinoming, Mayfair, Holmesburg, Port Richmond, Bridesburg and the Northeast. There is obviously due diligence to be done, so I will give a list of the addresses and then assist in making appointments once a bono fide sale price is established and the purchaser(s) are vetted. This portfolio is throwing off some good monthly numbers. This is an opportunity to expand your rental portfolios while money is cheap. Please no curiosity seekers or tire kickers. We own these properties and have serviced them for like 20 years.
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 16000.00 Cooling None Heating Hot Water Heating YN Yes Net Square Feet 17000.00

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304056010131 Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 13486.00 Tax Assessment Amount 963400.00 Tax Lot 28 Vacation Rental YN No Water Source Public Zoning Cmx2

    Listing courtesy of Georgette M Innes Inc.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sunita Bali Team at Re/Max Town Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-03-28T16:49:58.67.
     
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    Potomac MD, 20854