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1210 W Dauphin St
Philadelphia, PA 19133
North Philly Portfolio · Multifamily Property For Sale
INVESTMENT HIGHLIGHTS
- Six Turn Key Triplex Multi-Family Buildings
- Under Market Rents
- Rent Program Tenants - Guaranteed Rent
EXECUTIVE SUMMARY
Property Addresses: 2725 Glenwood Ave, 2530 Ridge Ave, 1913 N 23rd, 1941 N 23rd, 1210 W Dauphin, and 1212 W Dauphin
Here is a remarkable investment opportunity in the heart of Philadelphia – a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms, and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma, and current cap rate is 8%+
**Key Features:**
- Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental.
- Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream.
- Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions.
- Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families.
**Location:**
Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential.
**Exclusively Brokered by MY Philly Cassell**
This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.
Here is a remarkable investment opportunity in the heart of Philadelphia – a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms, and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma, and current cap rate is 8%+
**Key Features:**
- Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental.
- Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream.
- Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions.
- Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families.
**Location:**
Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential.
**Exclusively Brokered by MY Philly Cassell**
This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.
PROPERTY FACTS
| Price / SF | $371.01 CAD / SF | Number of Properties | 6 |
| Cap Rate | 9.40% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 11,875 SF |
| Status | Active | Total Land Area | 0.18 AC |
| Price / SF | $371.01 CAD / SF |
| Cap Rate | 9.40% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 11,875 SF |
| Total Land Area | 0.18 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2725 W Glenwood Ave, Philadelphia, PA 19121 | Multifamily | 2,512 SF | 1915 | - |
| 1914 N 23rd St, Philadelphia, PA 19121 | Multifamily | 2,124 SF | 1915 | - |
| 2530 Ridge Ave, Philadelphia, PA 19121 | Multifamily | 1,850 SF | 1915 | - |
| 1913 N 23rd St, Philadelphia, PA 19121 | Multifamily | 1,839 SF | 1915 | - |
| 1210 W Dauphin St, Philadelphia, PA 19133 | Multifamily | 1,775 SF | 1925 | - |
| 1212 W Dauphin St, Philadelphia, PA 19133 | Multifamily | 1,775 SF | 1925 | - |
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