Basic Information

  • MLS # PAPH2345290
  • Type Condominiums
  • Status Active
  • Subdivision/Complex 19147 (19147) - PHILADELPHIA
  • Year Built 1915
  • Total Sqft 2,368
  • Date Listed 04/19/2024
  • Days on Market 14
Description

Opportunity to purchase a real estate rental portfolio. Offering 9 units in the form of 3 triplexes, all in South Philadelphia on 11th Street. Total asking price is 2,595,000. Buildings have been owned for between 3 and 17 years with a 99 occupancy rate. All units are currently occupied. Although it is for three buildings, it is an all-or-nothing offer in which all three buildings must be purchased together. All three buildings are on 11th street in the Bella Vista area of South Philadelphia. Within the nine units are: Seven 2-bedroom apartments, Two 1-bedroom apartments.Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: 2,000 / 1700 / 1,750 for a total rent roll of 5,450.Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: 1,650 / 1,400 / 1,450 for a total rent roll of 4,500.Building 3 is 1182 South 11th Street. It consists of two 2-bedroom units, each with two full baths and one 1-bedroom unit with one full bath. Each unit has in-unit washer-dryers and central air. The third-floor unit has an outdoor deck. All units are separately metered. All units are currently occupied at the following rents: 2,000 / 2,000 / 1,605 for a total rent roll of 5,605.

Exterior Features

  • Waterfront No
  • Pool No
  • Design Description Other
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 2,368
  • Cooling Description None
  • Heating Description Baseboard - Hot Water
  • Sqft 2,368

Property Features

  • Aprox. Lot Size 1,306
  • Architectural Style Other
  • Furnished Info No
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex 1182 11TH
  • Subdivision Info 19147 (19147) - PHILADELPHIA
  • Tax Amount $5,089
  • Tax Year 2024
  • Type of Property Multi- Family
  • Zoning RSA5

1182 S 11TH St

PHILADELPHIA, PA 19147

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IDXBoost last checked 2024-05-03 10:01:21 Data was last updated 2024-04-19 14:07:40

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