1937 S Croskey St Philadelphia, PA 19145
Modern, fully leased multifamily properties with potential for increased income.
Type:Multifamily
Property size:
3,060 SF- Added:
- Mar 22, 2022
- Days on Market:
- 1489
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1937 S Croskey St
General Information
- Standard status
- Active
- Size
- 3,060 SF
- Property subtype
- Multifamily
Listing agent Rich Cassell License #PA RS330536
Listing office Keller Williams Philly
Listing date Mar 22, 2022
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Philly
Overview
Renovated Multifamily Portfolio For Sale
This offering comprises a portfolio of renovated multifamily properties located at 1912, 1937, and 1942 S Croskey St. The properties are currently fully leased, generating monthly incomes of $1350, $1275, and $1300, respectively, from quality tenants. Each unit features a large living room, a chef-style kitchen, and a flexible back room. The layout includes three bedrooms with ample natural light and an upstairs bathroom equipped with a skylight and an artistic-style shower with a rain head. The total property size is 3060 square feet. Located in an appreciating area, these properties represent turnkey investment opportunities. There is potential to increase the cap rate to 14% by utilizing the Section 8 rent schedule, which has been increased to $2580 per month for similar homes.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1706687
- Latitude
- 39.9842422
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Modern, fully leased multifamily properties with potential for increased income.
Where is this multifamily property located?
The property is located at 1937 S Croskey St Philadelphia, PA.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Fully leased rental portfolio generating income.; Potential to increase rent to $2580/month based on Section 8 schedule.; Renovated properties offer turn‑key investment.
