6414 Vine St, Philadelphia, PA 19139

Property Description

Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 6414 Vine St: Asking Price $145,000 Property Type Single Family Rental Financial Summary Gross Income Approximately $15,600 Annual NOI Approximately $12,370 Cap Rate 8.53% Highlights • Highest cap rate in portfolio • Existing cash flow • Workforce housing • Turn-key investment Building Information Utilities Tenant pays Heating/Cooling Central Air Central Heat Roof Approximately 5-6 years old Water Heater Approximately 3 years old Electrical 200 amp Renovations Full gut renovation completed in 2018 Condition Good Deferred Maintenance: None Known Issues: None