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$110,000
●
Townhouse -
Off Market
5686 MAGNOLIA ST
PHILADELPHIA, PA 19144
4 Beds
1 Bath
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.
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
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Foundation Details: Other
Other Structures: Above Grade, Below Grade
Structure Type: Interior Row/Townhouse
Construction Materials: Masonry
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 20.00 x 79.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $111,000
Above Grade Information
Finished Square Feet: 1300
Finished Square Feet Source: Assessor
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $701
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $111,000
Tax Year: 2022
Tax Annual Amount: $1,553
Year Assessed: 2023
Utilities Details
Cooling Type: None
Heating Type: Forced Air
Cooling Fuel: None
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Hook/Up Avail
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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
-
Sold
Townhouse
3
Beds
1
Bath
1,200 ft²
$78/ft²
$93,500
Mar 15, 2023
$93,500
Apr 27, 2023
-
Sold
Townhouse
3
Beds
1
Bath
1,200 ft²
$100/ft²
$120,000
Mar 14, 2023
$120,000
May 31, 2023
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/27/2019
|
|
3 Bed
|
1 Bath
|
1300 ft²
|
$77,500
3 Bed
1 Bath
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
About Northwest Philadelphia
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