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Kevin Heselbach

Engel & Völkers

[email protected] +1(301) 501-2463

$ 5,750,000

Est. payment -/mo

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5460 SPRING ST Philadelphia, PA 19139

2 Beds

1 Bath

748 SqFt

UPDATED:

02/13/2025 11:38 PM

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 748 sqft

Price per Sqft $7,687

Subdivision Cobbs Creek

MLS Listing ID PAPH2442566

Style Straight Thru

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 748

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $999

Tax Year 2024

Lot Size 690 Sqft

Acres 0.02

Lot Dimensions 15.00 x 45.00

Property Sub-Type Interior Row/Townhouse

Property Description

This listing is part of a larger investment portfolio available for bulk purchase only. The portfolio consists of 25 renovated and rent-stabilized properties spanning West Philadelphia, North & Central Philadelphia, Kensington, Frankford & Port Richmond, University City & Brewerytown, and Southwest Philadelphia. This portfolio is ideal for investors seeking guaranteed cash flow, as most properties are occupied by Philadelphia Housing Authority (PHA) tenants. With a yearly rent roll totaling approximately $500,000, low turnover, and expenses, this portfolio could yield approximately 42% cash-on-cash returns for the savvy investor. Contact the listing agent for the rent roll, lease details, and full portfolio details.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RSA5

Rooms

Main Level Bedrooms 2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Inclusions Appliance in as-in condition

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Other

Sewer Public Sewer

Water Private

Architectural Style Straight Thru

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 041017200

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Brittany McLaughlin • KW Empower

Kevin Heselbach

Associate Broker | License ID: 603734

+1(301) 501-2463

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