fbpx
Save
Ask
Tour
Hide
Share
$4,700,000
6 Days Online

1930 E Stella Street
Philadelphia, PA 19134

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1940
Built
County:
Philadelphia

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 215-382-7368
Is this the home for you? We can help make it yours.
215-382-7368
1930 E Stella Street1930 E Stella Street1930 E Stella Street1930 E Stella Street
Save
Ask
Tour
Hide
Share

The Philly Home Advisors team is pleased to present this extremely rare opportunity to acquire the majority of both sides of an entire city block. This family-owned portfolio has taken over 45 years of acquisition to amass and has been meticulously maintained to this day. Included in the sale of this portfolio are 14 single-family homes, two 5-unit apartment buildings, a 6500 +/- sq ft lot, 6 bay small rental garage spaces, and a 30,000 +/- sq ft warehouse. This portfolio is located in a cul-de-sac on the 1900 block of E Stella St, which drives up and ends at an elementary school. This portfolio has endless opportunities for future value and current rental increases with minimal investment. All residential units are fully occupied with all tenants paying on time grossing $317,400 annually in rent. Both five-unit buildings are yielding below-market rents and can be turned over with no capital investment to raise rents by at least 20%. The warehouse lot and garage spaces are currently owner-occupied and will be sold vacant. Per market comps, the warehouse should yield at least between $8.15-$9 per sq ft annually. Once fully occupied, this portfolio should yield around a 10% cap rate and with easy management since all properties are on one block. Close to local highways and mass development, this portfolio would be perfect for any investor, developer, or owner-occupant looking for industrial space. Contact us to schedule a tour of this unique and rare investment opportunity.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$4,700,000
Days Online 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.21 Acres
Year Built 
1940
MLS Number 
PAPH2194636
Status 
Active
Property Tax 
$34,648
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS
7 days agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Utilities 
Water AvailableSewer AvailableNatural Gas AvailableElectric AvailablePhone
Electric 
200+ Amp Service
Parking 
Private
Construction Materials 
Masonry
Zoning 
RSA5
Interior Features
Heating 
90% Forced Air
Cooling 
None
Central Air 
No
Save
Ask
Tour
Hide
Share
Exterior Features
View 
City
Roof 
Flat
Community Features
Accessibility Features 
None
Listing courtesy of BHHS Fox & Roach-Center City Walnut (215) 627-6005

bright logo small

The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share