5542 LARCHWOOD AVENUE
Philadelphia, Pennsylvania, 19143, United States
43,500 ft²
- acres
- beds
- baths
Property Provided By
- Jeff City Block
- Compass Pennsylvania, LLC
- +1 (215) 833-7088
Connect with local buyer agents who are willing to offer commission savings!
Property Information
A fantastic opportunity to acquire a premium and well managed portfolio of 27 single-family properties centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia. All 27 parcels are situated in a tight geographic area ideal for management and enhanced economies of scale. In a red hot neighborhood with some under-valued rents and significant capital appreciation opportunity. If desired, enjoy the flexibility to improve and/or spin-off certain assets and hold the rest. Professionally managed package (property manager can remain, at buyer's option). These 27 townhomes (25 are occupied and 2 are vacant) present an advantageous investment opportunity in a rapidly improving West Philadelphia neighborhood, close to amenities, public transportation, Cobbs Creek Trail, and other developments. Inclusive of those developments is a $65 million commitment by the city of Philadelphia, The Cobbs Creek Foundation, and The TGR Foundation (founded by Tiger Woods) to revamp the existing golf course (Philadelphia's oldest course), enhance the public space, and create an educational campus for local youth. The Cobbs Creek Environmental Center has also planned significant improvements. NOTE-- 25 three-bedroom homes and 2 four-bedroom homes. The full 27-property portfolio includes (with their OPA Account #'s): 1410 N Hirst Street, (342327100). 1531 N Robinson Street, (342274100). 1633 N 60th Street, (342196000). 1847 S 54th Street (512085600). 516 S 59th Street, (032198600). 5355 Irving Street, (603054300). 5513 Irving Street, (604057300). 5542 Larchwood Avenue, (463004200). 5624 Rodman Street, (463031900). 5639 Montrose Street, (463141400). 5642 Broomall Street, (513114000). 5717 Addison Street, (604126500). 5731 Rodman Street, (463029200). 5734 Rodman Street, (463035200). 5745 Addison Street, (604127900). 5752 Pemberton Street, (463072700).5757 Walton Street, (463081300). 5787 Stewart Street, (043219500). 5816 Washington Avenue, (033113800). 5837 Hoffman Avenue (034039100). 5908 Christian Street, (033063200). 5910 Webster Street, (033030300). 6021 Christian Street, (033053800). 6037 Irving Street, (031103100). 6111 Irving Street, (031104700). 6137 Locust Street, (031089100). 629 N Frazier Street, (043062900).
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35 property package. Contact Co-Listing Agent Martin Goldfarb for the property list and showing instructions.
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Listing Information © 2024 BrightMLS. All Rights Reserved.
Courtesy of Jeff City Block, Compass Pennsylvania, LLC marianne.dillon@compass.com
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
This content last updated on 2024-10-03 09:02:28.
Property Provided By
- Jeff City Block
- Compass Pennsylvania, LLC
- +1 (215) 833-7088
Connect with local buyer agents who are willing to offer commission savings!
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