11thStreet | PhillySpace100

South Philadelphia, 11th Street

Real Estate Investment Opportunity

Opportunity to purchase a real estate rental portfolio. Offering 9 units in the form of 3 separate buildings, all in South Philadelphia on 11th Street. Buildings have been owned for between 3 and 17 years with a 99% occupancy rate. All units are currently occupied.

ASKING PRICE for ALL 3 Buildings: $2,325,000

Individual Building Prices are $775,000 / $675,000 / $875,000 as detailed below

This listing is for three (3) separate triplexes totaling nine (9) units.

Within the nine units are:

Seven 2-bedroom apartments
Two 1-bedroom apartments

The total rent roll across all three buildings is $15,750 monthly / $189,000 annually.

For full information on each building including unit descriptions, photos, walk-through videos and floorplan layout, click the links below or just scroll down.

BUILDING ONE: 811 S. 11th St

BUILDING TWO: 819 S. 11th St.

BUILDING THREE: 1182 S. 11th St.

Building One: 811 S. 11th St.

Asking Price: $775,000

Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $1800 / $1,750 for a total rent roll of $5,550.

Building One: Details

TOTAL UNITS: 3

GROSS RENT ROLL: $5,550

TAXES: $10,568

SEPARATELY METERED: Yes

UNIT 1: First Floor

RENT: $2,000

LEASE EXP: June 2025

BEDROOMS: 2

BATHS: 1

CENTRAL AIR: Yes

WASHER-DRYER: In Unit

OUTDOOR SPACE: Yes (Yard)

UNIT 2: Second Floor

RENT: $1,800

LEASE EXP: June 2025

BEDROOMS: 2

BATHS: 1

CENTRAL AIR: Yes

WASHER-DRYER: Basement

OUTDOOR SPACE: Yes (Deck)

UNIT 3: Third Floor

RENT: $1,750

LEASE EXP: June 2025

BEDROOMS: 2

BATHS: 1

CENTRAL AIR: Yes

WASHER-DRYER: In Unit

OUTDOOR SPACE: Yes (Deck)

Building One: Unit 1

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Building One: Unit 2

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Building One: Unit 3

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Building Two: 819 S. 11th St.

Asking Price: $675,000

Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: $1,650 / $1,400 / $1,450 for a total rent roll of $4,500.

Building Two: Details

TOTAL UNITS: 3

GROSS RENT ROLL: $4,500

TAXES: $6,844

SEPARATELY METERED: Yes

UNIT 1: First Floor

RENT: $1,650

LEASE EXP: July 2025

BEDROOMS: 2

BATHS: 1

CENTRAL AIR: No

WASHER-DRYER: In Unit

OUTDOOR SPACE: Yes (Yard)

UNIT 2: Second Floor

RENT: $1,400

LEASE EXP: June 2025

BEDROOMS: 1

BATHS: 1

CENTRAL AIR: No

WASHER-DRYER: In-Unit

OUTDOOR SPACE: No

UNIT 3: Third Floor

RENT: $1,450

LEASE EXP: June 2025

BEDROOMS: 2

BATHS: 1

CENTRAL AIR: No

WASHER-DRYER: In Unit

OUTDOOR SPACE: No

Building Two: Unit 1

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Building Two: Unit 2

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Building Two: Unit 3

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Building Three: 1182 S. 11th St.

Asking Price: $875,000

Building 3 is 1182 South 11th Street. It consists of two 2-bedroom units, each with two full baths and one 1-bedroom unit with one full bath. Each unit has in-unit washer-dryers and central air. The third-floor unit has an outdoor deck. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $2,000 / $1,700 for a total rent roll of $5,700.