5686 Magnolia Street
Philadelphia, PA 19144
- 4 beds
- 1 bath
- 1,300 sqft
- 1,571 sqft lot
- $84 per sqft
- 1965 build
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This exceptional investment opportunity in Philadelphia features a package of five income-producing properties, each currently occupied by Section 8 tenants. These properties offer both immediate cash flow and long-term potential for growth. Additionally, for those looking for flexibility, there's the option to purchase these properties individually. 1. **210 W Albanus St, 19120** - Monthly Rent: $1,150 - Bedrooms: 3 - Bathrooms: 1 - PHA Payment: $720 2. **1673 Pratt St, 19124** - Monthly Rent: $1,299 - Bedrooms: 4 - Bathrooms: 1 - PHA Payment: $513 3. **5686 Magnolia St, 19144** - Monthly Rent: $1,350 - Bedrooms: 3 - Bathrooms: 1 - PHA Payment: $1,121 4. **5947 Wister St, 19138** - Monthly Rent: $1,332 - Bedrooms: 3 - Bathrooms: 1 - PHA Payment: $702 5. **4689 N 16th St** - Monthly Rent: $1,194 - Bedrooms: 5 - Bathrooms: 2 - PHA Payment: $1,094 - **Immediate Cash Flow:** With all properties currently occupied by Section 8 tenants, you can start earning rental income from day one. - **Stability and Predictability:** Section 8 tenants provide stable rental income with predictable payments from the Philadelphia Housing Authority (PHA). - **Flexibility:** In addition to the package deal, each property is available for individual purchase, giving you the flexibility to tailor your investment strategy. - **Diverse Portfolio:** This package includes a mix of property sizes and locations, adding diversity to your investment portfolio. - **Potential for Value Appreciation:** As the properties are located in various neighborhoods, there is the potential for long-term value appreciation. Don't miss out on this remarkable opportunity to acquire a portfolio of Section 8-occupied properties in Philadelphia. Whether you're an experienced investor looking to expand your portfolio or someone interested in starting their real estate investment journey, this package offers the ideal combination of cash flow and growth potential. Contact us today for more information or to schedule a viewing of these investment properties.
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Last updated Oct 28, 2023
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MLS# PAPH2280574 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
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The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/27/23
Oct 27, 2023
|
Sold | BRIGHT | $110,000 | 4.8% |
|
9/30/23
Sep 30, 2023
|
Pending | BRIGHT | $105,000 | |
|
9/21/23
Sep 21, 2023
|
Listed / Active | BRIGHT | $105,000 |