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$4,550,000
57 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
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SELLER FINANCING AVAILABLE! CONTACT LISTING AGENT FOR MORE INFORMATION. Introducing an exceptional investment opportunity, brought to you by the Philly Home Advisors team. This portfolio is the result of over 45 years of acquisition by a family-owned business, meticulously maintained to this day, now for sale due to current owners wanting to retire. The portfolio boasts the majority of both sides of an entire city block and includes 14 fully-occupied 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. Situated in a cul-de-sac on the 1900 block of E Stella St, which ends at an elementary school, this portfolio is in a prime location, close to local highways and mass development. The residential units are fully occupied, grossing $317,400 annually in rent with all tenants paying on time - does not include the owner-occupied industrial spaces (warehouse, garage). Furthermore, the two five-unit buildings have the potential to increase their rent by at least 20% with no capital investment. The warehouse lot and garage spaces are currently owner-occupied and will be sold vacant. Based on market comps, the warehouse should yield between $8.15-$9 per SQ ft annually. With minimal investment, this portfolio offers endless opportunities for future value and current rental increases. When fully occupied, it is expected to yield around a 10% cap rate. The convenience of having all properties on one block makes managing this portfolio a breeze. Perfect for investors, developers, or owner-occupants seeking industrial space, this portfolio is a rare and unique investment opportunity not to be missed. Contact us now to schedule a tour and secure your investment in this highly sought-after location.

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Listing Snapshot
Price 
$4,550,000
Days Online 
57 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 
$6,861
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing updated with changes from the MLS
2 months 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
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Exterior Features
View 
City
Roof 
Flat
Community Features
Accessibility Features 
None
Listing courtesy of BHHS Fox & Roach-Center City Walnut (215) 627-6005

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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
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