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233 N Ramsey Street

PHILADELPHIA, PA 19139
  • $1,505,000
  • STATUS: Active
  • ON SITE: 17 days
  • ID#: PAPH2009980
UPDATED: 59 min ago
$1,505,000
  • 3
    BEDS
  • 0.02
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,200
    SQFT
  • $1,254
    $/SQFT
Neighborhood:
Type:
Villa/Townhouse
Built:
1925
County:

School Ratings & Info

Description

A rare opportunity to own a fully-occupied scattered -site, turn -key residential rental portfolio of 10 properties in West Philadelphia. All but one of the units are under Housing Choice Voucher program leases with the Public Housing Agency being responsible for an average of 69% of their income across all the properties. The portfolio was acquired over a period of seven years and nearly all of the units have been renovated within the last five years and have in-unit washers/dryers and microwaves. Ownership has maintained and self-managed the properties during this period. This opportunity offers investors a steady income for years to come for a group of properties located in an area that is rapidly increasing in value. All 10 properties have to be purchased as a package deal. No separation of package. 10 properties: 139 N 51st St., 5140 Parrish St., 126 N Wilton St., 147 N Dewey St. 1419 Alden St., 545 N. Allison St. 2334 N. Wanamaker St., 233 Ramsey St., 22 N Dewey St. Group 1 of 5 scattered-site portfolios.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or V Sells & Associates | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-31T15:54:07.737.
www.vsellsandassociates.com/homes/119264470
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233 N Ramsey Street PHILADELPHIA, PA 19139

  • Price: $1,505,000
  • Status: Active
  • Updated: 59 min ago
  • ID#: PAPH2009980
3
Beds
1
Baths
0
½ Baths
0.02
Acres
1,200
SQFT
$1,254
$/SQFT
1925
Built
Neighborhood:
Phila (West)
County:
Philadelphia
Area:
19139 (19139)
School District:
The School District Of Philadelphia
Property Description
A rare opportunity to own a fully-occupied scattered -site, turn -key residential rental portfolio of 10 properties in West Philadelphia. All but one of the units are under Housing Choice Voucher program leases with the Public Housing Agency being responsible for an average of 69% of their income across all the properties. The portfolio was acquired over a period of seven years and nearly all of the units have been renovated within the last five years and have in-unit washers/dryers and microwaves. Ownership has maintained and self-managed the properties during this period. This opportunity offers investors a steady income for years to come for a group of properties located in an area that is rapidly increasing in value. All 10 properties have to be purchased as a package deal. No separation of package. 10 properties: 139 N 51st St., 5140 Parrish St., 126 N Wilton St., 147 N Dewey St. 1419 Alden St., 545 N. Allison St. 2334 N. Wanamaker St., 233 Ramsey St., 22 N Dewey St. Group 1 of 5 scattered-site portfolios.
Exterior Features

Architectural Style AirliteStraight Thru Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1200 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Exclusions Tenant Personal Property Fireplaces Total 0 Heating 90% Forced Air Heating YN Yes Levels 2 Upper Level1 Bedrooms 3

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Condo YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 800851746962 Ownership Interest Fee Simple Possession ImmediateSubject To Existing Lease Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 732.00 Tax Assessment Amount 52300.00 Tax Lot 134 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Ocf Realty Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or V Sells & Associates | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-31T15:54:07.737.
 
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