$4,500,000
 $24,157 est/mo Sourced by Back At You

6066 E Roosevelt Blvd,PHILADELPHIA, PA 19149

PHILADELPHIA, PA 19149

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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.

Details

MLS #PAPH2559042
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1940
Days On Site353
Listing Provided ByEXP Realty, LLC | Kyra L. Brinson

Features

SQ Feet1,552
Garage30
Units4
ZoningRSA5
Acreage0.69

Interior

CoolingCentral A/C, Ceiling Fan(s), Multi Units, Window Unit(s)
Heating Yes / NoYes
HeatingHot Water

Exterior

Construction MaterialsMasonry
Foundation DetailsConcrete Perimeter

Parking

Garage Yes / NoYes

Utilities

UtilitiesNatural Gas Available, Electric Available

Taxes

Tax Annual Amount60712

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19149
Area19149 (19149)
School DistrictPHILADELPHIA CITY
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

Christine Cole

Christine Cole

Class Harlan Real Estate

 (215) 534-1078christine.classharlan@gmail.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19149
Area19149 (19149)
School DistrictPHILADELPHIA CITY
Sourced by Back At You
Listing Updated: November 1, 2026 at 1:05:04 AM PST