811 (Bldg 1) S 11TH Street Street Philadelphia, PA 19147 Municipality: Philadelphia

Opportunity to purchase a small real estate rental portfolio. Offering 6 units in the form of 2 triplexes, both on the 800 block of South 11th Street in Bella Vista. Total asking price is $1,595,000. Buildings have been owned for 15+ years with a 99% occupancy rate. All units are currently occupied.... Both buildings must be purchased together. Within the six units are: Five 2-bedroom apartments and One 1-bedroom apartment. 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 / $1800 / $1,750 for a total rent roll of $5,550. 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. Buyer proof of funds required before a showing can be scheduled. Continue reading