108 S 55th St, Philadelphia, PA, 19139

108 S 55th St, Philadelphia, PA, 19139 < >
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for sale
$7,900,000
Bedrooms:3
Bathrooms:1
Square Feet:1290
Lot Size:0.02 Acres
Year Built:1925
Status:Active
MLS #:PAPH990918
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
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A rare opportunity to own a fully-occupied scattered -site, turn -key residential rental portfolio of 48 properties in West Philadelphia. All but two of the units are under Housing Choice Voucher program leases with the Public Housing Agency being responsible for an average of 73% of their income across all the properties. The portfolio was acquired over a period of seven years and nearly all of the units have been renovated within the last five years and have in-unit washers/dryers and microwaves. Ownership has maintained and self-managed the properties during this period. This opportunity offers investors a steady income for years to come for a group of properties located in an area that is rapidly increasing in value. All 48 properties have to be purchased as a package deal. No separation of package. 48 properties: 5209 Hazel Ave, 145 N. Wanamaker St, 108 S. 55th St, 2059 S. Frazier St, 2511 S. Dewey St, 1213 N. Allison St, 59 N. Felton St, 1725 S. 55th St, 5506 Lansdowne Ave, 7252 Grays Ave, 6068 Callowhill St, 52 N. Felton St, 545 N. Allison St, 1334 N. Wanamaker St, 233 N. Ramsey St, 5637 Broomall St, 334 N. Salford St, 6409 Saybrook Ave, 530 N. Vodges St, 4526 Westminster Ave, 445 N. 51st St, 1112 S. Ruby St, 162 N. Millick St, 105 N. Millick St, 325 N. Robinson St, 5961 Chester Ave, 635 N. 54th St. 22 N. Dewey St, 22 N. Conestoga St, 1626 S. Wilton St, 5435 Belmar Terrace, 139N. 51st St, 5327 Ogden St, 5451 Kingsessing Ave, 1235 N. Conestoga St, 207 N. Wilton St, 5539 Wyalusing Ave, 111 N. 59th St, 426 N. Robinson St, 236 N. Wanamaker St, 1419 N. Alden St, 228 N. Hobart St, 5536 Wyalusing Ave, 1249 N. Allison St, 5140 Parrish St, 126 N. Wilton St, 147 N. Dewey St, 5522 Pearl St.
Interior Details
Above Grade Fin SQFT: 1290Architectural Style: Straight Thru, AirLite
Basement Type: UnfinishedBathrooms Full: 1
Bathrooms Half: 0Below Grade Fin SQFT: 0
Below Grade Finished Area Units: Square FeetFireplaces Count: 0
Levels Count: 2Interior Features: Wood Floors, Ceiling Fan(s), Kitchen - Eat-In, Tub Sh

Exterior Details
Water Access YN: NWaterfront YN: N
Water Oriented YN: NNavigable Water YN: N
Lot Size Acres: 0.02Lot SQFT: 806.00

Community Information
HOA YN: NSenior Community YN: N
Zoning: RM1MLS Area: 19139 (19139)
County: PHILADELPHIASubdivision Name: PHILA (WEST)

School Details
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Property Information From MLS Data
Accessibility Features: NoneStory List: Main, Upper 1
Year Built: 1925New Construction YN: N
DOM: 1

Financial Information
Tax Annual Amount: 1050.0Tax Year: 2020
Sale Type: Standard

Utilities
Sewer Septic: Public SewerWater Source: Public
Cooling Type: Window Unit(s)Cooling Fuel: None
Heating Type: 90% Forced AirHeating Fuel: Natural Gas
Hot Water: Natural Gas

Listing Information Courtesy of:
Co List Agent Full Name: Dennis J Carlisle
List Office Name: OCF Realty LLC
Co List Office Name: OCF Realty LLC
List Agent Full Name: David T Brown

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Monthly Payment for 108 S 55th 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:$7,900,000
Down Payment:
Loan Amount:$6,320,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of David T Brown, OCF Realty LLC

Information obtained from Bright MLS is current as of 4/14/2021 12:54 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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