About 5260 W Jefferson St
Part of a Portfolio - $2,823,000 ($166,058.82/Unit)
Cap: 5.78%
9 Units
Portfolio Overview
Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia.
The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements.
Seller is willing to sell properties individually or as a portfolio.
5260 W Jefferson St:
Asking Price
$225,000 (Vacant)
Property Type
Duplex
Current Status
Fully Vacant
Lease-Up Opportunity
Projected Market Rent
2 Bedroom
Approximately $2,010/month
3 Bedroom
Approximately $2,410/month
Projected Gross Income
Approximately $53,040 annually
Building Highlights
• Significant value-add opportunity
• Immediate lease-up potential
• Renovated in 2018
• Strong rental demand
Building Information
Utilities
Separate electric
Owner pays water
Heating/Cooling
Central Air
Central Heat
Roof Approximately 8 years old
Water Heaters Approximately 8 years old
Electrical
100 amp service
Current Condition
First Unit
Good
Second Unit
Requires renovation
Deferred Maintenance
Second unit requires:
• Flooring
• Drywall patching
• Paint
• Bathroom renovation Estimated Cost Approximately $20,000-$25,000
Parking None
