6300 TULIP ST, Philadelphia, PA 19135
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Jessa Folan

Jessa Folan

+1(443) 805-8202
Listed by Zhan Su • Longlong Zhan Real Estate Investment
$ 1,825,000
Est. payment | /mo

2,000 Sqft Lot

Save
$ 1,825,000
Est. payment | /mo
Save

2,000 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2664268

Year Built 1990

Annual Tax Amount $3,240

Tax Year 2026

Lot Size 2,000 Sqft

Acres 0.05

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

7-DUPLEXS PORTFOLIO | Philadelphia, Pennsylvania Asking Price $1,825,000 Investment Highlights ● 14 two bedroom units across 7 duplex ● Portfolio includes: ● 6300 Tulip St ● 6302 Tulip St ● 6304 Tulip St ● 6306 Tulip St ● 6308 Tulip St ● 6310 Tulip St ● 6312 Tulip St ● Each duplex features: ● Two 2-bedroom apartments ● Individual laundry hookups ● Identical floor plans for efficient management ● Convenient access to shopping, restaurants, schools, and major highways ● Strong rental demand with excellent long-term investment potential. Financial summary: Gross Annual Income: $230,700. Annual Total Expenses: $63,999. Expenses Breakdown: Real estate taxes $23,400. Trash $3,500. Water/Sewer $16,800. Rental License $966. Insurance $10,058. Repairs/maintenance $9275. Net Operating Income (NOI): $166,701 Asking Price: $1,825,000 Cap Rate: Approximately 9.13% Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Northeast 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. 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.

Location

State PA

County Philadelphia

Area 19135 (19135)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C

Heat Source Central, Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 411427110

Ownership Fee Simple

Acceptable Financing Bank Portfolio, Cash, Contract, Conventional, Exchange

Listing Terms Bank Portfolio, Cash, Contract, Conventional, Exchange

Financing Bank Portfolio,Cash,Contract,Conventional,Exchange

Special Listing Condition Standard

Bright MLS (BMLS)
Nearby Locations
Jessa Folan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(443) 805-8202

[email protected]

Gambrills, MD

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6300 TULIP ST