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$1,800,000
16 Beds 4 Baths
OFF-MARKET | 8-UNIT MULTIFAMILY PORTFOLIO Somerton | Philadelphia, Pennsylvania Asking Price $1,800,000 Investment Highlights ● 8 residential units across 4 duplex buildings ● Portfolio includes: ● 13020 Blakeslee Drive ● 13022 Blakeslee Drive ● 13032 Blakeslee Drive ● 13034 Blakeslee Drive ● Each duplex features: ● Two 2-bedroom apartments ● Two private garages ● Individual laundry hookups ● Identical floor plans for efficient management ● Located in the highly desirable Somerton neighborhood of Northeast Philadelphia ● Convenient access to SEPTA Regional Rail, shopping, restaurants, schools, and major highways ● Strong rental demand with excellent long-term investment potential Financial Summary Gross Annual Income: $175,000 Annual Operating Expenses: Approximately $25,000 Net Operating Income (NOI): Approximately $150,000 Asking Price: $1,800,000 Cap Rate: Approximately 8.33% Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Northeast Philadelphia’s most desirable rental markets. The properties offer stable cash flow, low operating expenses, and upside potential through future rental growth. Whether you’re expanding an existing portfolio or completing a 1031 exchange, this asset presents an attractive investment opportunity. Closing Seller is seeking a fast closing. Qualified buyers are encouraged to provide proof of funds or financing pre-approval prior to scheduling property tours. For additional information, including the rent roll, operating statements, or to arrange a private showing, please contact the listing agent.

13020 Blakeslee Dr, Philadelphia

Listing courtesy of Longlong Zhan Real Estate Investment. Contact: 6105740988

$320,000
Very large corner building with 2 units, 4 bedrooms, 2 bathrooms and many potentials. 1st Floor, Unit 1: 1 large bedroom, large living room and eat in kitchen, 1 full bathroom on 1st floor. 2 entrances to 1st floor unit- from front on 6th Street(used to be the prior business entrance before owner bought the house) and rear entrance. 2nd floor: entrance from the middle of the rear(3rd entrance): 2nd and 3rd floor, Unit 2- large living room facing 6th street, large eat in kitchen, storage room and full bathroom. 3rd floor: 3 good size bedrooms with closets, 1 full bathroom in hallway. Hardwood and laminate floor all through the houses. Electric cooking stove for both units. 2 separate electric meters for each unit. No gas. Property is sold in as is condition. Please check with city for any potential use and zoning. City record shows current zoning CMX1, class as residential. Please note current rent in the area for unit one can be $1000 and unit 2 $1,500. Very convenient to public transportation and shopping.

2001 S 6th St S, Philadelphia

Listing courtesy of Philly Real Estate. Contact: 2158888310

$320,000
4 Beds 3 Baths
Very large corner building with 2 units, 4 bedrooms, 2 bathrooms and many potentials. 1st Floor, Unit 1: 1 large bedroom, large living room and eat in kitchen, 1 full bathroom on 1st floor. 2 entrances to 1st floor unit- from front on 6th Street(used to be the prior business entrance before owner bought the house) and rear entrance. 2nd floor: entrance from the middle of the rear(3rd entrance): 2nd and 3rd floor, Unit 2- large living room facing 6th street, large eat in kitchen with newer cabinets, dishwasher, storage room and full bathroom. 3rd floor: 3 good size bedrooms with closets, 1 full bathroom in hallway. Hardwood and laminate floor all through the houses. Electric cooking stove for both units. 2 separate electric meters for each unit. No gas. Property is sold in as is condition. Property used to be a restaurant. Please check with city for any potential use and zoning. City record shows current zoning CMX1, class as residential. Please note current rent in the area for unit one can be $1000 and unit 2 $1,500. Very convenient to public transportation and shopping.

2001 6 St S, Philadelphia

Listing courtesy of Philly Real Estate. Contact: 2158888310

$128,800
2 Beds 1 Baths
Beautifully remodeled 2-bedroom, 1-bath corner home filled with natural light and located on a friendly block. Move-in ready with updated flooring, fresh paint, updated electrical, and a freshly cemented basement for clean storage and added peace of mind. The classic layout includes a bright living area, two huge bedrooms, and a rear outdoor space. With the generous square footage, the home could easily be converted into a 3-bedroom. Conveniently located near Roosevelt Blvd, multiple bus routes, public transportation, shopping, and dining. Commuting is simple and efficient. A great opportunity for first-time buyers or investors, with grant programs available that may allow qualified buyers to purchase with little to zero money down. Comes with a 1-year warranty for extra peace of mind. Schedule your showing today!

4353 N Orianna St, Philadelphia

Listing courtesy of Market Force Realty. Contact: (866) 993-8585