Property Description
Part of a Portfolio - $2,823,000 ($166,058.82/Unit)
Cap: 5.78%
9 Units
Portfolio Overview
Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia.
The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements.
Seller is willing to sell properties individually or as a portfolio.
6414 Vine St:
Asking Price
$145,000
Property Type
Single Family Rental
Financial Summary
Gross Income
Approximately $15,600
Annual NOI
Approximately $12,370
Cap Rate
8.53%
Highlights
• Highest cap rate in portfolio
• Existing cash flow
• Workforce housing
• Turn-key investment
Building Information
Utilities
Tenant pays
Heating/Cooling
Central Air
Central Heat
Roof Approximately 5-6 years old
Water Heater Approximately 3 years old
Electrical
200 amp
Renovations
Full gut renovation completed in 2018
Condition
Good
Deferred Maintenance: None
Known Issues: None
Property Details 6414 VINE STREET, PHILADELPHIA, PA 19139
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Estimated Monthly Mortgage Calculator
This calculator is provided by Burrow Services, Inc. for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax, or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.