Schedule a Showing
Share
Print
|
A fantastic opportunity to acquire a premium and well managed portfolio of 22 single-family properties (all occupied), centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia. All 22 parcels are situated in a tight geographic area ideal for management and enhanced economies of scale. In a red hot neighborhood with some under-valued rents and significant capital appreciation opportunity. If desired, enjoy the flexibility to improve and/or spin-off certain assets and hold the rest. Professionally managed package (property manager can remain, at buyer's option). These 22 townhomes present an advantageous investment opportunity in a rapidly improving West Philadelphia neighborhood, close to amenities, public transportation, Cobbs Creek Trail, and other developments. Inclusive of those developments is a $65 million commitment by the city of Philadelphia, The Cobbs Creek Foundation, and The TGR Foundation (founded by Tiger Woods) to revamp the existing golf course (Philadelphia's oldest course), enhance the public space, and create an educational campus for local youth. The Cobbs Creek Environmental Center has also planned significant improvements. The full 22-property portfolio includes (with their OPA Account #'s): 1410 N Hirst Street, (342327100). 1633 N 60th Street, (342196000). 1847 S 54th Street (512085600). 516 S 59th Street, (032198600). 5355 Irving Street, (603054300). 5513 Irving Street, (604057300). 5542 Larchwood Avenue, (463004200). 5624 Rodman Street, (463031900). 5639 Montrose Street, (463141400). 5642 Broomall Street, (513114000). 5731 Rodman Street, (463029200). 5734 Rodman Street, (463035200). 5752 Pemberton Street, (463072700).5757 Walton Street, (463081300). 5787 Stewart Street, (043219500). 5816 Washington Avenue, (033113800). 5910 Webster Street, (033030300). 6021 Christian Street, (033053800). 6037 Irving Street, (031103100). 6111 Irving Street, (031104700). 6137 Locust Street, (031089100). 629 N Frazier Street, (043062900).
Property Type(s):
Commercial
| Last Updated | 3/12/2025 | Tract | COBBS CREEK |
|---|---|---|---|
| Year Built | 1920 | Community | 19143 (19143) |
| County | PHILADELPHIA |
SCHOOLS
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Price History
| Prior to Sep 17, '23 | $7,000,000 |
|---|---|
| Sep 17, '23 - Nov 9, '23 | $6,500,000 |
| Nov 9, '23 - Apr 25, '24 | $5,700,000 |
| Apr 25, '24 - Jun 27, '24 | $5,250,000 |
| Jun 27, '24 - Sep 18, '24 | $4,750,000 |
| Sep 18, '24 - Oct 29, '24 | $4,250,000 |
| Oct 29, '24 - Mar 12, '25 | $3,750,000 |
| Mar 12, '25 - Today | $3,300,000 |
Additional Details
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19143 (19143) |
| CONSTRUCTION | Brick |
| HEAT | Natural Gas, Other |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | COBBS CREEK |
| TAXES | 51721.21 |
| WATER | Public |
Location
Listing provided by Compass Pennsylvania, LLC
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/19/25 5:50 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
Twitter
Facebook
Email