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Sold for $134,000 on 03/27/25
  • $134,000

    5686 Magnolia St, Philadelphia, PA 19144

    4beds
    1,300sqft
    Townhouse
    Built in 1965
    1,571 Square Feet Lot
    $187,200 Zestimate®
    $103/sqft
    $2,240 Estimated rent

    What's special

    This exceptional investment opportunity in Philadelphia features a package of five income-producing properties, each currently occupied by Section 8 tenants. These properties offer both immediate cash flow and long-term potential for growth. Additionally, for those looking for flexibility, there's the option to purchase these properties individually. 1. **210 W Albanus St, 19120** - Monthly Rent: $1,150 - Bedrooms: 3 - Bathrooms: 1 - PHA Payment: $720 2. **1673 Pratt St, 19124** - Monthly Rent: $1,299 - Bedrooms: 4 - Bathrooms: 1 - PHA Payment: $513 3. **5686 Magnolia St, 19144** - Monthly Rent: $1,350 - Bedrooms: 3 - Bathrooms: 1 - PHA Payment: $1,121 4. **5947 Wister St, 19138** - Monthly Rent: $1,332 - Bedrooms: 3 - Bathrooms: 1 - PHA Payment: $702 5. **4689 N 16th St** - Monthly Rent: $1,194 - Bedrooms: 5 - Bathrooms: 2 - PHA Payment: $1,094 - **Immediate Cash Flow:** With all properties currently occupied by Section 8 tenants, you can start earning rental income from day one. - **Stability and Predictability:** Section 8 tenants provide stable rental income with predictable payments from the Philadelphia Housing Authority (PHA). - **Flexibility:** In addition to the package deal, each property is available for individual purchase, giving you the flexibility to tailor your investment strategy. - **Diverse Portfolio:** This package includes a mix of property sizes and locations, adding diversity to your investment portfolio. - **Potential for Value Appreciation:** As the properties are located in various neighborhoods, there is the potential for long-term value appreciation. Don't miss out on this remarkable opportunity to acquire a portfolio of Section 8-occupied properties in Philadelphia. Whether you're an experienced investor looking to expand your portfolio or someone interested in starting their real estate investment journey, this package offers the ideal combination of cash flow and growth potential. Contact us today for more information or to schedule a viewing of these investment properties.

    Zillow last checked: 7 hours ago

    Listing updated: October 27, 2023 at 07:13pm

    Listed by:

    Moshe Adika 267-210-3080,

    TCS Management, LLC

    Bought with:

    Moshe Adika, 2333829

    TCS Management, LLC

    Source: Bright MLS,MLS#: PAPH2280574MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,300
    • Total interior livable area: 1,300 sqft
    • Finished area above ground: 1,300
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Basement, Attached
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 1,571 sqft
    • Dimensions: 20.00 x 79.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 122194500
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Hook/Up Avail
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Germantown (east)
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $187,200
    2% more+ $3,744
    With Zillow Showcase(estimated)
    $190,944