See Home Value
$110,000
Townhouse - Off Market

5686 MAGNOLIA ST

PHILADELPHIA, PA 19144
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1300 Sqft
$104,609
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

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.
Unit Size
1,300Ft²
Days on Market
36 days
Land Size
0.04 acres
Price per sqft
$81
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1965
Last updated: 7 months ago (Bright MLS #PAPH2280574)

Price History

Date / Event Date Event Price
Nov 1, 2023 Sold $110,000
Sold
Oct 1, 2023 In contract -
In contract
Sep 21, 2023 Listed by TCS Management, LLC $105,000
Listed by TCS Management, LLC

Property Highlights

Garage
Parking Details
Has Garage
Garage Features: Basement Garage
Parking Features: Attached Garage
Attached Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details

Bedroom Information

Bedrooms on Main Level: 4

Interior Information

Living Area Square Feet Source: Assessor

Basement Information

Has Basement
Full


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
2 Baths
1,290 ft²
$93/ft²
$120,000 Jul 24, 2023
$120,000 Sep 14, 2023
-
Townhouse
3 Beds
2 Baths
1,068 ft²
$94/ft²
$100,000 Apr 13, 2023
$100,000 Jun 16, 2023
-
House
4 Beds
2 Baths
1,830 ft²
$66/ft²
$120,000 Nov 7, 2022
$120,000 Feb 15, 2023
-
Townhouse
3 Beds
1 Bath
1,232 ft²
$45/ft²
$56,000 Feb 7, 2021
$56,000 Apr 21, 2021
-
Townhouse
3 Beds
1 Bath
1,200 ft²
$78/ft²
$93,500 Mar 15, 2023
$93,500 Apr 27, 2023
-
Townhouse
3 Beds
1 Bath
1,200 ft²
$100/ft²
$120,000 Mar 14, 2023
$120,000 May 31, 2023
-
Townhouse
4 Beds
1 Bath
1,802 ft²
$69/ft²
$125,000 Sep 28, 2023
-
-
In Contract
Townhouse
3 Beds
1 Bath
1,297 ft²
$93/ft²
$120,000 Sep 15, 2023
-
-
In Contract
Townhouse
3 Beds
1 Bath
1,366 ft²
$69/ft²
$94,000 Jul 5, 2023
-
-
House
3 Beds
2 Baths
1,333 ft²
$77/ft²
$103,000 May 10, 2022
-
-
Townhouse
3 Beds
1 Bath
1,210 ft²
$99/ft²
$120,000 Sep 19, 2023
-
-
Townhouse
3 Beds
1 Bath
1,084 ft²
$101/ft²
$110,000 Sep 22, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190727
07/27/2019
3 Bed
1 Bath
1300 ft²
$77,500
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1300 ft²
$77,500
12/23/2019
-
Michael Cohen
Keller Williams Philadelphia

Building Info

5686 Magnolia Street 5686 Magnolia Street, Philadelphia, PA 19144
  • 1 Unit for Sale
More about this Building
5686 Magnolia Street
Want to find out who owns 5686 Magnolia Street, Philadelphia, PA 19144? Get detailed property transactions here .

About Northwest Philadelphia


Similar Homes for Sale

Unit for sale at 5605 Crowson Street, PHILADELPHIA, PA 19144

$110,000

  • 3 Beds
  • 1 Bath
  • 1,084 ft²
5605 Crowson Street, PHILADELPHIA, PA 19144 Listing by JENNIES LOPEZ
Unit for sale at 813 East Locust Avenue, PHILADELPHIA, PA 19138

$120,000

  • 3 Beds
  • 1 Bath
  • 1,210 ft²
813 East Locust Avenue, PHILADELPHIA, PA 19138 Listing by Maurice Rollins
Unit for sale at 502 East High Street, PHILADELPHIA, PA 19144

$103,000

  • 3 Beds
  • 2 Baths
  • 1,333 ft²
502 East High Street, PHILADELPHIA, PA 19144 Listing by Michael Cohen

Nearby Rentals

Unit for rent at 360 W Milne Street, PHILADELPHIA, PA, 19144

$1,600 /mo

  • 3 Beds
  • 1.5 Baths
  • 960 ft²
360 W Milne Street, PHILADELPHIA, PA, 19144 Listing by Christine Kennedy
Unit for rent at 1310 Narragansett Street, PHILADELPHIA, PA, 19138

$1,600 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,260 ft²
1310 Narragansett Street, PHILADELPHIA, PA, 19138 Listing by Angela Floyd
Unit for rent at 6460 Musgrave St, PHILADELPHIA, PA, 19119

$1,700 /mo

  • 3 Beds
  • 1 Bath
  • 870 ft²
6460 Musgrave St, PHILADELPHIA, PA, 19119 Listing by RH Advisors Bright


Quantcast