224 E DORSET STREET

PHILADELPHIA, PA, 19119

$3,270,000

$122 per ft²
$3,270,000
$122 per ft²
Sold
Sold
carpenters-square
26,723 ft²
property_type
Townhouse
calendar
Built 1920
22 home portfolio for sale in the surging Germantown section of Philadelphia, Pennsylvania. Turnkey investment sale offered at an extremely attractive 7.5% cap rate with major rental upside (9.5% pro forma cap rate on market rate rents) in a fast-growing desirable location. Assets have been well maintained and historically occupied throughout Ownership's tenure. This is a rare chance to acquire a cash flowing real estate portfolio in an emerging submarket with appreciation forecast for double digit annual returns. These properties are offered well below replacement cost. The area is booming with new construction apartments, homes and retail. Easy access to downtown Philly, University City, and Greater Philadelphia suburban employment centers. Enquire within for financials.
MLS® ID:
PAPH2042958
Updated:
10/1/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Central

Exterior/Building Features

Lot Size
900 ft² lot
Exterior Features
Above Grade, Below Grade
Architectural Style
Traditional
Sewer
Public Sewer

School Information

School District
THE SCHOOL DISTRICT OF PHILADELPHIA

Other Property Details

Area Name
19119 (19119)
Taxes
$1296.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
PHILADELPHIA
Water Source
Public
Pool
No
Zoning
RSA5

Courtesy of Compass Pennsylvania, LLC

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Data last updated 6:52 PM UTC, 10/1/22

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