$245,000
FOR SALE2315 Pierce St
Philadelphia, Pa, 19145
MLS #PAPH2593280
Subdivision: Newbold
Building: -
3 Beds
1/- Baths
- sqft
$ - /sqft
Turnkey 3-Property Investment Portfolio x2013; $56,880 Annual IncomeRare opportunity to acquire a cash-flowing 3-property rental portfolio in Philadelphia featuring 2315 Pierce St, 2235 E Ann St, and 2271 E Cambria St. The seller prefers to sell all three properties together for $675,000, creating an ideal opportunity for investors looking to acquire multiple performing assets in one transaction.The portfolio is currently fully occupied with long-term tenants and generates $56,880 annually in rental income, providing immediate and stable cash flow from day one.All three homes have been updated with renovated kitchens and bathrooms, including modern cabinetry, updated fixtures, and refreshed finishes that appeal to todayx2019;s renters while helping minimize near-term capital expenditures. These improvements make the portfolio a true turnkey investment requiring minimal upfront work.Properties with existing tenants, recent upgrades, and stable income are increasingly difficult to find in Philadelphia, making this an attractive acquisition for both local and out-of-area investors seeking reliable cash flow.2315 Pierce St is being offered individually at $245,000, however the seller strongly prefers a portfolio sale including:x2022; 2315 Pierce Stx2022; 2235 E Ann Stx2022; 2271 E Cambria StPortfolio Price: $675,000Investor-friendly opportunity with potential for future rental increases as leases renew.Whether you are expanding an existing rental portfolio or entering the Philadelphia market, this offering provides immediate income, updated properties, and long-term tenant stability in a single acquisition.
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Listing Courtesy of: KW Empower
