2315 PIERCE STREET, Philadelphia, Pennsylvania 19145 For Sale
For Sale
$599,999
2315 PIERCE STREET, Philadelphia, Pennsylvania 19145
- 4,500 Sqft
- Built Year 1925
Description
Turnkey 3-Property Investment Portfolio – $56,880 Annual Income
Rare opportunity to acquire a cash-flowing 3-property rental portfolio in Philadelphia featuring 2315 Pierce St, 2235 E Ann St, and 2271 E Cambria St. The seller prefers to sell all three properties together for $675,000, creating an ideal opportunity for investors looking to acquire multiple performing assets in one transaction.
The portfolio is currently fully occupied with long-term tenants and generates $56,880 annually in rental income, providing immediate and stable cash flow from day one.
All three homes have been updated with renovated kitchens and bathrooms, including modern cabinetry, updated fixtures, and refreshed finishes that appeal to today’s renters while helping minimize near-term capital expenditures. These improvements make the portfolio a true turnkey investment requiring minimal upfront work.
Properties with existing tenants, recent upgrades, and stable income are increasingly difficult to find in Philadelphia, making this an attractive acquisition for both local and out-of-area investors seeking reliable cash flow.
2315 Pierce St is being offered individually at $245,000, however the seller strongly prefers a portfolio sale including:
• 2315 Pierce St
• 2235 E Ann St
• 2271 E Cambria St
Portfolio Price: $675,000
Investor-friendly opportunity with potential for future rental increases as leases renew.
Whether you are expanding an existing rental portfolio or entering the Philadelphia market, this offering provides immediate income, updated properties, and long-term tenant stability in a single acquisition.
Basic Details
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Property Type: Residential Income
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Listing Type: For Sale
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Listing ID: PAPH2593766
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Price: $599,999
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Rooms: 0
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Half Bathrooms: 0
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Square Footage: 4,500 Sqft
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Year Built: 1925
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Lot Area: 0.02 Acre
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Status: Active
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PropertySubType: Other
Address Map
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Country US
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State PA
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County PHILADELPHIA-PA
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City Philadelphia
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Neighborhood NEWBOLD
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Zipcode 19145
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Neighborhood: NEWBOLD
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Street: PIERCE
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Street Number: 2315
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Street Suffix: STREET
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Floor Number: 0
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Longitude: W76° 48' 57.8''
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Latitude: N39° 55' 49.9''
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Directions: gps
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MLSAreaMajor: 19145 (19145)
Features
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Heating System : Central
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Cooling System : Central A/C