6066 E Roosevelt Blvd, Philadelphia, PA 19149

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List Price
$4,500,000
Status
ACTIVE
Days on Market
309
MLS#
PAPH2559042
Style
Straight Thru
Year Built
1940
Living Area
1,552
Lot Size
30,056
Acres
0.69
MLS Area Major
19149 (19149)

Property Description

Exceptional opportunity to acquire a 24-unit residential portfolio throughout the Northeast Philadelphia corridor, with the flexibility to purchase the entire package, buy in neighborhood blocks, or purchase individual properties. One unit may be sold separately depending on offer strength. Northeast Philly Portfolio (2) The portfolio spans several of the city’s strongest rental submarkets, including Mayfair, Oxford Circle, Frankford, Tacony, Lawncrest, and West Philadelphia. These areas are known for long-term tenant stability, consistent rent demand, strong appreciation trends, and low vacancy rates. The mix includes performing rentals, month-to-month tenants, and select vacant or value-add units, giving investors immediate income along with clear upside through turnover, rent increases, and light repositioning. Current rents across many properties remain below market due to long-term tenancy. This creates significant room for rent growth once units are brought to market levels or re-leased. The stabilized portfolio projects an estimated 8–10% cap rate, with additional built-in equity available at acquisition. Management can remain in place for a seamless transition if desired. This offering is suitable for cash buyers, conventional investors, DSCR financing, private lending, and potential seller financing. Exterior drive-by showings are allowed; interior access will be coordinated after an accepted offer to respect tenant privacy. A rare chance to secure substantial cash flow, appreciation, and scalable management efficiency across one of Philadelphia’s most resilient and high-demand rental markets. See Documents For Proforma. Full rent rolls, ledgers, photos, and the offering memorandum are available upon request.

Additional Information

Taxes
$60,712
Property Description
Straight Thru
Zoning
RSA5
Heating
Hot Water
Air Conditioning
Central A/C, Ceiling Fan(s), Multi Units, Window Unit(s)
Foundation
Concrete Perimeter
Garage Spaces
30
Garage Features
Garage - Rear Entry
School District
Philadelphia City
Number Of Units
4

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Listing courtesy of EXP Realty, LLC. Contact: 8883977352