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    1901 W Olney Avenue

    PHILADELPHIA, PA 19141
    • $2,275,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: PAPH987928
    UPDATED: 18 min ago
    $2,275,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 17,600
      SQFT
    • $129
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    If you are looking to add significant cash flow then this 11 property portfolio of single family homes directly across the street from Lasalle University will work! All 11 properties are within 1-2 blocks of each other and are rented by Lasalle students for the remainder of this year with leases already signed for 2021-2022 school year. The location of these investments are ideal for Lasalle students which make it easy to keep constant occupancy. With a yearly gross rental income of $270,600 this equates to a 9 cap purchase which is impossible to find in this market! These homes are a mix of 3 and 4 bedrooms, 1-3 bathrooms, with the majority having parking available. Make an appointment right away to check these places out before they are sold! These properties will not be sold individually, package purchase only!

    Monthly Payment Calculator



    ©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 RE/MAX Main Line. 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: 2021-03-08T16:53:11.877.
    www.tomtoole.com/homes/114239465
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    1901 W Olney Avenue PHILADELPHIA, PA 19141

    • Price: $2,275,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: PAPH987928
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    17,600
    SQFT
    $129
    $/SQFT
    1925
    Built
    Neighborhood:
    19141 (19141)
    County:
    Philadelphia
    Area:
    19141 (19141)
    School District:
    The School District Of Philadelphia
    Property Description
    If you are looking to add significant cash flow then this 11 property portfolio of single family homes directly across the street from Lasalle University will work! All 11 properties are within 1-2 blocks of each other and are rented by Lasalle students for the remainder of this year with leases already signed for 2021-2022 school year. The location of these investments are ideal for Lasalle students which make it easy to keep constant occupancy. With a yearly gross rental income of $270,600 this equates to a 9 cap purchase which is impossible to find in this market! These homes are a mix of 3 and 4 bedrooms, 1-3 bathrooms, with the majority having parking available. Make an appointment right away to check these places out before they are sold! These properties will not be sold individually, package purchase only!
    Exterior Features

    Architectural Style Traditional Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types Driveway 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 17600 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel None Existing Lease Type Yearly Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 11 Number Of Units Total 1 Number Of Units Vacant 0 Original MLSNumber 304479919633 Owner Pays InsuranceTaxes - Real EstateSewer Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days Cd61-90 Days Cd90-120 Days Cd Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1972.00 Tax Assessment Amount 140900.00 Tax Lot 195 Total Actual Rent 270600.00 Vacation Rental YN No Water Source Public Zoning Rsa3

    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 RE/MAX Main Line. 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: 2021-03-08T16:53:11.877.
     
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