Address
1249 N Allison Street Philadelphia, PA
Price
$ 7,900,000
Property Attributes
- MLS#PAPH990944
- TypeTownhouse
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19131
- NeighborhoodPHILA
- Zip19131
- StyleAirLite,Straight Thru
- Year Built1925
- Taxes939
- Price$ 7,900,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1042
- Lot Size1,742 SqFt
Listing Provided Courtesy Of:
OCF Realty LLC
Data Source:
Bright MLS
Property Description
A rare opportunity to own a fully-occupied scattered -site, turn -key residential rental portfolio of 48 properties in West Philadelphia. All but two of the units are under Housing Choice Voucher program leases with the Public Housing Agency being responsible for an average of 73% of their income across all the properties. The portfolio was acquired over a period of seven years and nearly all of the units have been renovated within the last five years and have in-unit washers/dryers and microwaves. Ownership has maintained and self-managed the properties during this period. This opportunity offers investors a steady income for years to come for a group of properties located in an area that is rapidly increasing in value. All 48 properties have to be purchased as a package deal. No separation of package. 48 properties: 5209 Hazel Ave, 145 N. Wanamaker St, 108 S. 55th St, 2059 S. Frazier St, 2511 S. Dewey St, 1213 N. Allison St, 59 N. Felton St, 1725 S. 55th St, 5506 Lansdowne Ave, 7252 Grays Ave, 6068 Callowhill St, 52 N. Felton St, 545 N. Allison St, 1334 N. Wanamaker St, 233 N. Ramsey St, 5637 Broomall St, 334 N. Salford St, 6409 Saybrook Ave, 530 N. Vodges St, 4526 Westminster Ave, 445 N. 51st St, 1112 S. Ruby St, 162 N. Millick St, 105 N. Millick St, 325 N. Robinson St, 5961 Chester Ave, 635 N. 54th St. 22 N. Dewey St, 22 N. Conestoga St, 1626 S. Wilton St, 5435 Belmar Terrace, 139N. 51st St, 5327 Ogden St, 5451 Kingsessing Ave, 1235 N. Conestoga St, 207 N. Wilton St, 5539 Wyalusing Ave, 111 N. 59th St, 426 N. Robinson St, 236 N. Wanamaker St, 1419 N. Alden St, 228 N. Hobart St, 5536 Wyalusing Ave, 1249 N. Allison St, 5140 Parrish St, 126 N. Wilton St, 147 N. Dewey St, 5522 Pearl St.
| Price History | |
|---|---|
| 3/1/2021 | Listed $7,900,000 |
General Features
| Accessibility | None |
|---|---|
| Architectural Style | AirLite, Straight Thru |
| Association Y/N | No |
| Condo/Coop Association Y/N | No |
| Construction Materials | Masonry |
| Cool Fuel | None |
| Cooling | Window Unit(s) |
| County | PHILADELPHIA |
| Days on Market | 42 |
| Garage Y/N | No |
| Heating | 90% Forced Air |
| High School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
| Levels | 2 |
| MLS Area | 19131 (19131) |
| New Construction | No |
| Other Structures | Above Grade, Below Grade |
| Ownership | Fee Simple |
| Possession | Immediate |
| Price Per Sq Ft | 7581.57 |
| Property Type | Residential |
| Senior Community Y/N | No |
| Sewer | Public Sewer |
| Structure Type | Interior Row/Townhouse |
| Subdivision Name | PHILA (WEST) |
| Tax Annual Amount | 939.0 |
| Tax Lot | 274 |
| Tax Year | 2020 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Zoning | RM1 |
Interior Features
| Above Grade Finished Area | 1042 |
|---|---|
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Basement | Other |
| Basement Y/N | Yes |
| Bathrooms Count All Upper Levels | 1 |
| Bathrooms Count Upper Level 1 | 1.00 |
| Bathrooms Full All Upper Levels | 1 |
| Bathrooms Full Upper Level 1 | 1 |
| Bedrooms Count All Upper Levels | 3 |
| Bedrooms Count Upper Level 1 | 3 |
| Below Grade Finished Area Source | Assessor |
| Below Grade Finished Area Unit Type | Square Feet |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin Sqft Source | Assessor |
| Central Air Y/N | No |
| Full Baths | 1 |
| Heating Fuel | Natural Gas |
| Heating Y/N | Yes |
| Hot Water | Natural Gas |
| Living Area | 1042 |
| Total Baths | 1 |
| Total Bedrooms | 3 |
Exterior Features
| Lot Dimensions | 15.00 x 105.00 |
|---|---|
| Lot Size Acres | 0.04 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 1575.00 |
| Navigable Water Y/N | No |
| Pool Y/N | No Pool |
| Type of Parking | On Street |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 19131
Price
Taxes
Visits
Year Built
Walkscore
In The Neighborhood
Philadelphia
$275,000
- Type
- Townhouse
- Size
- 1,056 SqFt
- Rooms
- 3 Beds + 1 Baths
Century 21 Forrester Real Estate
Philadelphia
$360,000
- Type
- Townhouse
- Size
- 1,600 SqFt
- Rooms
- 4 Beds + 1 Baths
Fred R Levine Real Estate
Philadelphia
$425,000
- Type
- Townhouse
- Size
- 1,539 SqFt
- Rooms
- 8 Beds + 2 Baths
Fred R Levine Real Estate
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agreement.
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
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