$4,500,000

6066 E ROOSEVELT BLVD, Philadelphia, PA 19149

  • 1,552 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon 30 car garage
  • Property Price Per Square Feet Icon $2,899/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Exceptional opportunity to acquire a 24-unit residential portfolio throughout the Northeast Philadelphia corridor, with the flexibility to purchase the entire package, buy in neighborhood blocks, or purchase individual properties. One unit may be sold separately depending on offer strength. Northeast Philly Portfolio (2) The portfolio spans several of the city’s strongest rental submarkets, including Mayfair, Oxford Circle, Frankford, Tacony, Lawncrest, and West Philadelphia. These areas are known for long-term tenant stability, consistent rent demand, strong appreciation trends, and low vacancy rates. The mix includes performing rentals, month-to-month tenants, and select vacant or value-add units, giving investors immediate income along with clear upside through turnover, rent increases, and light repositioning. Current rents across many properties remain below market due to long-term tenancy. This creates significant room for rent growth once units are brought to market levels or re-leased. The stabilized portfolio projects an estimated 8–10% cap rate, with additional built-in equity available at acquisition. Management can remain in place for a seamless transition if desired. This offering is suitable for cash buyers, conventional investors, DSCR financing, private lending, and potential seller financing. Exterior drive-by showings are allowed; interior access will be coordinated after an accepted offer to respect tenant privacy. A rare chance to secure substantial cash flow, appreciation, and scalable management efficiency across one of Philadelphia’s most resilient and high-demand rental markets. See Documents For Proforma. Full rent rolls, ledgers, photos, and the offering memorandum are available upon request.

Listing Status:
Active
Listing Office:
EXP Realty, LLC : 8883977352
Listing Agent:
Kyra L. Brinson : 2017740019
MLS ID:
PAPH2559042
  • A/C: Central A/CCeiling Fan(s)Multi UnitsWindow Unit(s)
  • Heating: Hot WaterNatural GasNatural Gas AvailableElectricCentral
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Straight Thru
  • General: MasonryConcrete Perimeter
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: RSA5541306400
  • Utilities: Natural gas availableElectric available
  • Water: Public
  • Sewer: Public Septic
  • Source: BRIGHT_MAIN
  • Exclusions: Tenants Personal Property

This listing courtesy of Kyra L. Brinson, EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William H. Ziegler Elementary School

5935 Saul St, Philadelphia, PA, 19149

Grades KG-8

0.30 miles away

W

William H. Ziegler Elementary School

5935 Saul St, Philadelphia, PA, 19149

Grades KG-8

0.30 miles away

S

Samuel Fels High School

5500 Langdon St, Philadelphia, PA, 19124

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.