13020 Blakeslee DrivePhiladelphia, PA 19116

OFF-MARKET | 8-UNIT MULTIFAMILY PORTFOLIO



Somerton | Philadelphia, Pennsylvania



Asking Price



$1,800,000



Investment Highlights



● 8 residential units across 4 duplex buildings

● Portfolio includes:

● 13020 Blakeslee Drive

● 13022 Blakeslee Drive

● 13032 Blakeslee Drive

● 13034 Blakeslee Drive

● Each duplex features:

● Two 2-bedroom apartments

● Two private garages

● Individual laundry hookups

● Identical floor plans for efficient management

● Located in the highly desirable Somerton neighborhood of Northeast Philadelphia

● Convenient access to SEPTA Regional Rail, shopping, restaurants, schools, and major highways

● Strong rental demand with excellent long-term investment potential



Financial Summary



Gross Annual Income: $175,000



Annual Operating Expenses: Approximately $25,000



Net Operating Income (NOI): Approximately $150,000



Asking Price: $1,800,000



Cap Rate: Approximately 8.33%



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.



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.