BEDS13
BATHS11 full
SQUARE FEET6,979
MLS#PAPH2671322
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SUBDIVISIONPHILADELPHIA
SCHOOLPHILADELPHIA CITY
Property Description
11-UNIT MULTIFAMILY PORTFOLIO | Philadelphia, Pennsylvania Asking Price $1,000,000 Investment Highlights ● 4 residential properties ● Portfolio includes: ● 4215 Salem St: 4 Units, All 1 BR/1 BA ● 4219 Salem St: 3 BR/1 BA Single Family Rowhome ● 4221 Salem St: 4 Units, All 1 BR/1 BA ● 4223 Salem St: 2 Units, Both 1 BR/1 BA. Convenient access to public transportationl, shopping, restaurants, schools, and major roads ● Strong rental demand with excellent long-term investment potential Financial Summary Gross Annual Income: $130,800 Annual Operating Expenses: Approximately $26,343 Net Operating Income (NOI): Approximately $104,457 Asking Price: $1,000,000 Estimated NOI Yield: 10.45%. Gross Rental Yield 13.08%. Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Philadelphia’s most desirable rental markets. The properties offer stable cash flow, low operating expenses, and upside potential through future rental growth. Whether you’re expanding an existing portfolio or completing a 1031 exchange, this asset presents an attractive investment opportunity. Closing Seller is seeking a fast closing. Qualified buyers are encouraged to provide proof of funds or financing pre-approval prior to scheduling property tours. For additional information, including the rent roll, operating statements, or to arrange a private showing, please contact the listing agent. Investment highlights 11 Total Residential Units Strong rental demand in 19124 Value-add opportunity Adjacent lot included with 4215 Salem St Ideal portfolio for cash flow investors Prime location close to public transportation, major roads, shopping, and local amenities.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Fully Finished
Cooling: Window Unit(s)
Fuel Type: Electric
Heating: Radiator
Home Style: Traditional
Lot Size: 0.22 Acres
Stories: 2.0
Taxes: $2,383
Year Built: 1925
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.22 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
SQFT Above Finished: 6979
SQFT Total Finished: 6979
Structure Type: Other
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Longlong Zhan Real Estate Investment
Agency Phone: 6105740988
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,715.82 per month $2,225.57 Principal & Interest $198.58 Property Tax $291.67 Homeowner's InsuranceChange Payment Information
4215 Salem Street | MLS# PAPH2671322
This single family home located at 4215 Salem Street, Philadelphia, PA 19124 is currently listed for sale with an asking price of $1,000,000. This property was built in 1925 and has 13 bedrooms and 11 full baths with 6979 sq. ft. Salem Street is located in the PHILADELPHIA subdivision within the PHILADELPHIA CITY school district. Search PHILADELPHIA real estate on www.realtymark.net today.