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6066 E Roosevelt Blvd Philadelphia, PA 19149

For Sale
$4,500,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property size:
1,552 SF
Lot size:
0.69 Acres
Days on Market:
16
Last Refresh:
Dec 6 at 2:06 pm

Property Features for 6066 E Roosevelt Blvd

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Parking
30
Parking features
Offsite, Garage - Detached, Garage - Attached, On Street, Driveway
Size
1,552 SF
Lot size
0.69 Acres

Utilities

Heating system
Hot Water(Heating)
Cooling system
Ceiling Fan(s), Multi Units, Central Air, Window Unit(s)

Building Details

Year built
1940
Number of units
4
Building materials
Masonry
Architectural style
Other

eXp Realty (888) 397-7352 [email protected]

Listing agent Kyra L. Brinson (201) 774-0019 License #RS332546

Listing date Nov 21, 2025

MLS# PAPH2559042 Listing URL

Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Philadelphia Multifamily Investment Opportunity

This offering presents an opportunity to acquire a 24-unit residential portfolio located throughout the Northeast Philadelphia corridor. The portfolio spans several of the city's 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 unit mix includes performing rentals, month-to-month tenants, and select vacant or value-add units, providing immediate income along with potential upside through turnover, rent increases, and light repositioning. Current rents across many properties remain below market due to long-term tenancy, creating 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. The property has 1552 square feet of space and sits on a 0.69-acre lot. 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. This is an opportunity to secure cash flow, appreciation, and scalable management efficiency across one of Philadelphia's resilient and high-demand rental markets.
Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.07814789
Latitude
40.03386307

FAQs

What type of property is this?
Apartment building - 24-unit residential portfolio in Northeast Philadelphia with value-add potential.
Where is this apartment building located?
The property is located at 6066 E Roosevelt Blvd Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: - Portfolio of 24 units in high-demand Northeast Philadelphia rental submarkets.; - Significant upside potential through rent increases.; - Projected 8-10% cap rate with built-in equity.
More about this property
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