School District: The School District Of Philadelphia
Address: 5229 RIDGE AVE
Rarely offered, cash-flowing value-add real estate portfolio of 17 properties located in the Manayunk/Roxborough area of Philadelphia, Pennsylvania grossing +/- 360,000 annually in rental income. The properties have been updated and well maintained, leased to strong tenants throughout Ownership's tenure. Located in the highly desirable northwest submarkets of Manayunk, Roxborough, Wissahickon - just outside of the urban core, easily accessible to Interstate 76 (suburban Philadelphia expressway), University City and Center City. Residents of this investment portfolio enjoy a relaxed, amenitized, safe and convenient lifestyle. Average rent = 1795/month with capacity to boost rents to 2250/mo through a light cosmetic capital enhancement program (rental upside). Average square footage = 1440 SF. 17 total properties included. Enquire within for additional properties and portfolio financials.
Courtesy of: Compass Pennsylvania, LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 2nd December, 2021 12:49 PM