6140 MORTON STREET, Philadelphia, PA 19144

$175,000 Asking Price

6 beds
3 baths
1,992  sqft
Built in 1905

A stellar investment opportunity awaits a savvy investor! Don't let this chance slip by! Acquire a collection of 72 parcels situated in sought-after areas of Northwest Philadelphia! This portfolio encompasses 72 residential units, boasting a diverse array of styles, with sizes ranging from cozy 2-bedroom homes to spacious 6-bedroom dwellings. Enhance your investment collection effortlessly, as many units are already occupied by tenants and generating substantial income. These properties are highly desirable due to their convenient access to local amenities and public transportation, ensuring a steady stream of long-term tenants. Enjoy the ease of watching your profits grow. These units are available for purchase as a complete set of 72 or in four subdivided groups of 18 properties each. The entire collection of 72 parcels is priced at $12,600,000, while the segmented packages of 18 are available at $3,150,000 each. The owner is firm on selling in these prearranged bundles and will not consider individual sales or alterations to the groups of 18. Seize what could be the transaction of a lifetime! A detailed property list is included in the supplementary documents. Review the details and submit your proposals. Note that proof of adequate funds is a prerequisite for any offer to be taken to the seller.

Features & Amenities

Interior

Basement:
Full
A/C:
None
Heating:
Y, Hot Water, Natural Gas
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Traditional

Construction

General:
Masonry, 3, Stone

Location

Originating MLS:
BRIGHT_MAIN
School District:
PHILADELPHIA CITY
County:
PHILADELPHIA

Lot

Zoning:
RSA3, 592201200
Current Use:
H50

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Elfant Wissahickon-Mt Airy, Mary Jo Potts

About Philadelphia, PA

Housing

Number of Units
705,993
Median Home Value
$212,331
Median Rent
$993

47.83% of housing units are renter occupied.

9.77% are vacant.

Commute

Car
48.32%
Public Transportation
19.12%
Walk to Work
6.40%
Work from Home
23.29%
Other
1.20%

The median travel time to work is 28 minutes.

People

Population
1,564,304
Median Age
36.10
Median Household Size
2.55

Education

High School
31.51%
Associate’s Degree
5.70%
Bachelor’s Degree
18.90%
Graduate Degree
14.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: