5542 Larchwood Ave , Philadelphia is a $4,750,000 home located in Philadelphia, PA.
A fantastic opportunity to acquire a premium, fully occupied, and well managed portfolio of 30 single-family properties centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia. All 30 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 fully occupied 30 townhomes 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--24 3BR homes, six 4BR homes, one 5BR home. The full 30-property portfolio includes (with their OPA Account #’s): 131 N 55th Street (0411588000). 1410 N Hirst Street, (342327100). 1517 N 56th Street, (041349500). 1531 N Robinson Street, (342274100). 1633 N 60th Street, (3421960001234). 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). 5825 Angora Terrace, (034019500). 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). 651 N Peach Street, (442340800).
Appliances | Hot Water - Natural Gas Hot Water - Other |
Interior Features | Accessibility Features - None |
Cooling Types | Other Cooling Fuel - Other |
Heating Types | Other Heating Fuel - Natural Gas Heating Fuel - Other Heating - Yes |
Parking Types | Parking Type - Street |
Exterior Features | Owner Pays - Taxes - Real Estate Operating Expense Includes - Insurance |
Construction Types | Brick |
Water Source | Public |
Sewer | Public Sewer |
Attribution Contact | (267) 435-8015 |
Property Type | Commercial Sale |
Property Sub Type | Five Or More Units |
Style | Business Type - Apartment Building Business Type - Other Standard Fee Simple Grocery/Supermarket Health/Natural Food |
Year Built | 1920 |
HOA Fee | $0.00 |
Condo Fee | $0.00 |
Taxes | $51,721.00 |
County | philadelphia |
School District | the school district of philadelphia |
Neighborhood | Cobbs Creek |
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. Copyright BRIGHT, All Rights Reserved. Data last updated 07/27/2024 at 03:57am MDT. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Information deemed reliable but not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.