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6066 E Roosevelt Boulevard

PHILADELPHIA, PA 19149
  • $4,500,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: PAPH2559042
UPDATED: 19 min ago
$4,500,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,552
    SQFT
  • $2,899
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

School District:

Description

Exceptional opportunity to acquire a 24-unit residential portfolio throughout the Northeast Philadelphia corridor, with the flexibility to purchase the entire package, buy in neighborhood blocks, or purchase individual properties. One unit may be sold separately depending on offer strength.Northeast Philly Portfolio (2)The portfolio spans several of the citys strongest rental submarkets, including Mayfair, Oxford Circle, Frankford, Tacony, Lawncrest, and West Philadelphia. These areas are known for long-term tenant stability, consistent rent demand, strong appreciation trends, and low vacancy rates. The mix includes performing rentals, month-to-month tenants, and select vacant or value-add units, giving investors immediate income along with clear upside through turnover, rent increases, and light repositioning.Current rents across many properties remain below market due to long-term tenancy. This creates significant room for rent growth once units are brought to market levels or re-leased. The stabilized portfolio projects an estimated 8"10% cap rate, with additional built-in equity available at acquisition. Management can remain in place for a seamless transition if desired.This offering is suitable for cash buyers, conventional investors, DSCR financing, private lending, and potential seller financing. Exterior drive-by showings are allowed; interior access will be coordinated after an accepted offer to respect tenant privacy.A rare chance to secure substantial cash flow, appreciation, and scalable management efficiency across one of Philadelphias most resilient and high-demand rental markets. See Documents For Proforma. Full rent rolls, ledgers, photos, and the offering memorandum are available upon request.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. 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. Data last updated: 2026-01-12T14:59:10.223.
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6066 E Roosevelt Boulevard PHILADELPHIA, PA 19149

  • Price: $4,500,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 19 min ago
  • ID#: PAPH2559042
0
Beds
0
Baths
0
½ Baths
0.69
Acres
1,552
SQFT
$2,899
$/SQFT
1940
Built
Neighborhood:
19149 (19149)
County:
Philadelphia
Area:
19149 (19149)
School District:
Philadelphia City
Property Description
Exceptional opportunity to acquire a 24-unit residential portfolio throughout the Northeast Philadelphia corridor, with the flexibility to purchase the entire package, buy in neighborhood blocks, or purchase individual properties. One unit may be sold separately depending on offer strength.Northeast Philly Portfolio (2)The portfolio spans several of the citys strongest rental submarkets, including Mayfair, Oxford Circle, Frankford, Tacony, Lawncrest, and West Philadelphia. These areas are known for long-term tenant stability, consistent rent demand, strong appreciation trends, and low vacancy rates. The mix includes performing rentals, month-to-month tenants, and select vacant or value-add units, giving investors immediate income along with clear upside through turnover, rent increases, and light repositioning.Current rents across many properties remain below market due to long-term tenancy. This creates significant room for rent growth once units are brought to market levels or re-leased. The stabilized portfolio projects an estimated 8"10% cap rate, with additional built-in equity available at acquisition. Management can remain in place for a seamless transition if desired.This offering is suitable for cash buyers, conventional investors, DSCR financing, private lending, and potential seller financing. Exterior drive-by showings are allowed; interior access will be coordinated after an accepted offer to respect tenant privacy.A rare chance to secure substantial cash flow, appreciation, and scalable management efficiency across one of Philadelphias most resilient and high-demand rental markets. See Documents For Proforma. Full rent rolls, ledgers, photos, and the offering memorandum are available upon request.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage Spaces 30.00 Garage Type Garage - Rear Entry Garage YN Yes Parking Types Attached GarageDetached GarageDrivewayOff SiteOn Street Pool No Pool Property Condition ExcellentVery GoodGoodAverageBelow Average Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1552 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CCeiling Fan(s)Multi UnitsWindow Unit(s) Exclusions Tenants Personal Property Fireplace YN No Heating Hot Water Heating YN Yes Inclusions TenantsLeasesAppliances Owned By Seller Single Room Units 0 Three Bedroom Units 24 Two Bedroom Units 0

Property Features

Acceptable Financing CashBank PortfolioConventionalPrivateSeller Financing Accessibility Features None Central Air YN Yes Cooling Fuel Natural GasElectricBottled Gas Existing Lease Type Month to Month Foundation Details Concrete Perimeter Heating Fuel Natural GasNatural Gas AvailableElectricCentral Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 21 Number Of Units Total 4 Number Of Units Vacant 3 Original MLSNumber 804310597600 Ownership Interest Fee Simple Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Septic Structure Design Type Interior Row/Townhouse Tax Annual Amount 60712.00 Tax Lot 181 Total Actual Rent 333000.00 Utilities Natural Gas AvailableElectric Available Vacation Rental YN No Water Source Public Zoning RSA5

Listing courtesy of EXP Realty, LLC: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. 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. Data last updated: 2026-01-12T14:59:10.223.
 
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Owings Mills MD, 21117