1028-42 E Lycoming St, Philadelphia, PA, 19124

1028-42 E Lycoming St, Philadelphia, PA, 19124 < >
for sale
$16,000,000
Square Feet:17000
Lot Size:0.49 Acres
Year Built:1970
Status:Active
MLS #:PAPH881754
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
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Go See This Property
This is a rental portfolio sale. There are 136 Units spread over 105 addresses. All but one property is in Philadelphia. One is in Collingdale Boro, Delaware County. There are three apartment buildings. The apartment buildings are to be sold in the package, not separated out. There are four Duplexes and the balance are 2, 3 and 4 bedroom single family dwellings. The majority are 3 bedroom. There are mostly rows, but there are a few singles and some twins. All are well kept and rented or soon to be rented. They are all in decent zip codes. Some are in great zip codes. Areas covered are Juniata, Northwood, Frankford, Wissinoming, Mayfair, Holmesburg, Port Richmond, Bridesburg and the Northeast. There is obviously due diligence to be done, so I will give a list of the addresses and then assist in making appointments once a bono fide sale price is established and the purchaser(s) are vetted. This portfolio is throwing off some good monthly numbers. This is an opportunity to expand your rental portfolios while money is cheap. Please no curiosity seekers or tire kickers. We own these properties and have serviced them for like 20 years.
Interior Details
Building Total SQFT: 16000.00

Exterior Details
Lot Size Acres: 0.49Lot Size Dimensions: 124.00 x 173.80
Lot SQFT: 21551.00

Community Information
County: PHILADELPHIAZoning: CMX2

Property Information From MLS Data
Accessibility Features: NoneBusiness Type: Apartment Building
DOM: 1MLS Area: 19124 (19124)
New Construction YN: NProperty Sub Type: Five Or More Units
Year Built: 1970

Utilities
Cooling Type: NoneHeating Type: Hot Water
Sewer Septic: Public SewerWater Source: Public

Listing Information Courtesy of:
List Agent Full Name: Raymond Hogeland
List Office Name: Georgette M Innes Inc

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Monthly Payment for 1028-42 E Lycoming St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$16,000,000
Down Payment:
Loan Amount:$12,800,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Raymond Hogeland, Georgette M Innes Inc

Information obtained from Bright MLS is current as of 5/31/2020 12:27 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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