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6066 E Roosevelt Boulevard, Philadelphia, PA 19149

$4,500,000
  • 6066 E Roosevelt Boulevard, Philadelphia, PA 19149 Main Photo

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SQUARE FEET1,552 MLS#PAPH2559042
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLPHILADELPHIA 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 city’s 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 Philadelphia’s most resilient and high-demand rental markets. See Documents For Proforma. Full rent rolls, ledgers, photos, and the offering memorandum are available upon request.

6066 E Roosevelt Boulevard | MLS# PAPH2559042

This multi-family property located at 6066 E Roosevelt Boulevard, Philadelphia, PA 19149 is currently listed for sale with an asking price of $4,500,000. E Roosevelt Boulevard is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.mikenelsonrealtor.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central A/C, Ceiling Fan(s), Multi Units, Window Unit
Fuel Type: Natural Gas, Natural Gas Available, Electric, Central
Garage: 30
Heating: Hot Water
Home Style: Straight Thru
Lot Size: 0.69 Acres
Taxes: $60,712
Year Built: 1940

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.69 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Septic
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 24
Total Garage/Parking Spaces: 30
Units: 4
Utilities: Natural Gas Available, Electric Available
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: EXP Realty, LLC
Agency Phone: 8883977352

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Estimated Payment

$ 16,386.88 per month $10,015.05 Principal & Interest $5,059.33 Property Tax $1,312.50 Homeowner's Insurance

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