1210 West Dauphin Street
Description
Total Asking Price For Portfolio: $3,200,000
Scan for photos on the Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia – a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms,...Property Addresses included in portfolio : 2725 Glenwood Ave MLS# PAPH2285644 | 2530 Ridge Ave MLS# PAPH2285656 | 1913 N 23rd MLS# PAPH2285666 | 1941 N 23rd MLS# PAPH2285670 | 1210 W Dauphin MLS# PAPH2285626 | 1212 W Dauphin MLS# PAPH2285638
Total Asking Price For Portfolio: $3,200,000
Scan for photos on the Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia – a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms, and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma, and current cap rate is 8%+ Key Features: This is a special delimiter sentence. This is a special delimiter sentence - Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental.
- Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream.
- Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions.
- Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families. Location: Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential. This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.
- Listed by Richard K Cassell • KW EmpowerP: (215)-607-6007 rcassell@kw.com
Property Details for 1210 West Dauphin Street
Property Details for 1210 West Dauphin Street
| Status | Active |
|---|---|
| MLS # | PAPH2285626 |
| Days on Market | 425 |
| Taxes | $2,122 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1925 |
| Lot Size | 0.02 AC / 945 SF |
| County | Philadelphia County |
Building Information for 1210 West Dauphin Street
Property Information for 1210 West Dauphin Street
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19133 (19133)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $151,600
- Year Assessed: 2024
- Improvement Assessed Value: $121,280
- City Town Tax: $933
- Land Assessed Value: $30,320
- Clean Green Assessed: No
- Land Use Code: U50
- Zoning: RM1
- Tax Lot: 207
- School Tax: $1,188
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: No
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 2
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2,Unit 3
- Units Furnished: None
- Units Leased Count: 2
- Number Of Units Vacant: 1
- Vacancy Allowance Rate: 33.00%
- Rent Control: No
- Type: Unit 1
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Gross
- Beds Total: 2
- Full Baths Count: 1
- Type: Unit 2
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Gross
- Beds Total: 2
- Full Baths Count: 1
- Type: Unit 3
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Gross
- Beds Total: 1
- Full Baths Count: 1
- Operating Expense: $6,640
- Operating Expense Includes: Insurance
- Gross Income: $50,400
- Net Operating Income: $43,760
- Annual Rental Income: $50,400
- Cap Rate: 9.40
- Existing Lease Type: Gross
- Building Units Total: 3
- Total Finished SQFT: 1,775.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,775.00
- Total SQFT: 1,775.00
- Total SQFT Source: Assessor
- Construction Materials: Masonry
- Foundation Details: Slab
- Lot Size Source: Assessor
- Lot Size Dimensions: 15.00 x 63.00
- Lot Dimensions Source: Assessor
- Parcel ID: 1127544
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Virtual Tour URL Unbranded: https://northphillyportfolio.myportfolio.com
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Greater Philadelphia Association of REALTORS
- List Agent URL: https://myphillycassell.myportfolio.com
Property History for 1210 West Dauphin Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1210 West Dauphin Street
Schools near 1210 West Dauphin Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Hartranft John F School PublicK to 8 | ||
Kensington Culinary Arts Public9 to 12 | ||
Kensington HS Public9 to 12 | ||
Kensington Creative & Performing Arts High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of KW Empower
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.