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    5637 Broomall Street

    PHILADELPHIA, PA 19143
    • $1,534,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: PAPH2009790
    UPDATED: 22 min ago
    $1,534,000
    • 3
      BEDS
    • 0.02
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,122
      SQFT
    • $1,367
      $/SQFT
    Neighborhood:
    Type:
    Villa/Townhouse
    Built:
    1925
    County:

    School Ratings & Info

    Description

    A rare opportunity to own a fully-occupied scattered -site, turn -key residential rental portfolio of 10 properties in West Philadelphia. All of the units are under Housing Choice Voucher program leases with the Public Housing Agency being responsible for an average of 75% 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 10 properties have to be purchased as a package deal. No separation of package. 10 properties: 228 N. Hobart St., 5536 Wyalusing Ave., 5637 Broomall St., 334 N. Salford St., 6409 Saybrook Ave., 162. N. Millick St., 325 N. Robinson St., 5961 Chester Ave., 5539 Wyalusing Ave. Group 3 of 5 scattered-site portfolios.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Jett | Virginia CU Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-29T14:55:50.75.
    www.debbiejett.com/homes/119253794
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    5637 Broomall Street PHILADELPHIA, PA 19143

    • Price: $1,534,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: PAPH2009790
    3
    Beds
    1
    Baths
    0
    ½ Baths
    0.02
    Acres
    1,122
    SQFT
    $1,367
    $/SQFT
    1925
    Built
    Neighborhood:
    Phila (West)
    County:
    Philadelphia
    Area:
    19143 (19143)
    School District:
    The School District Of Philadelphia
    Property Description
    A rare opportunity to own a fully-occupied scattered -site, turn -key residential rental portfolio of 10 properties in West Philadelphia. All of the units are under Housing Choice Voucher program leases with the Public Housing Agency being responsible for an average of 75% 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 10 properties have to be purchased as a package deal. No separation of package. 10 properties: 228 N. Hobart St., 5536 Wyalusing Ave., 5637 Broomall St., 334 N. Salford St., 6409 Saybrook Ave., 162. N. Millick St., 325 N. Robinson St., 5961 Chester Ave., 5539 Wyalusing Ave. Group 3 of 5 scattered-site portfolios.
    Exterior Features

    Architectural Style Straight Thru Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1122 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Exclusions Tenant Personal Property Fireplaces Total 0 Heating Forced Air Heating YN Yes Levels 2 Main Level Bedrooms 3

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Heating Fuel None Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 800850603610 Ownership Interest Fee Simple Possession Subject To Existing Lease Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1237.00 Tax Assessment Amount 88400.00 Tax Lot 99 Vacation Rental YN No Water Source Public Zoning Rm1

    Listing courtesy of Ocf Realty Llc.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Jett | Virginia CU Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-29T14:55:50.75.
     
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    Debbie Jett | Virginia CU Realty
    4531 Spotsylvania Parkway
    Fredericksburg VA, 22408