6300 Tulip St, Philadelphia, PA 19135

$1,825,000

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List Price
$1,825,000
Days on Market
14
Status
ACTIVE
MLS#
PAPH2664268
Lot Size (Acres)
0.05
Year Built
1990
County
Philadelphia
School District
Philadelphia City

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.

Additional Information

Area
19135 (19135)
Taxes
$3240
School District
Philadelphia City
Heating
Hot Water
Heating Fuel
Central, Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Longlong Zhan Real Estate Investment. Contact: 6105740988

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