1806 Vineyard Street

1806 Vineyard Street

Philadelphia, PA 19130

$5,000,000
Price
5
Beds
1.5
Baths
1,654 Sq. Ft.
$3,023 / Sq. Ft.
1,654
Sq. Ft.
$3,023
per Sq. Ft.

For Sale By Owner

For Sale By Owner

Description

30 years ago, my husband purchased 24 houses in Philadelphia (34 doors because 1 is a 6-apartment building, and a few others have 2+ apartments) and has been renting, managing, and rehabbing them ever since. Now we are preparing for retirement and are ready to sell the entire portfolio to 1 investor. All the properties have leases, except there is 1 vacant apartment in the 6-apartment building. All have rental licenses, and all have passed the City-required lead inspections, even the ones that aren’t...30 years ago, my husband purchased 24 houses in Philadelphia (34 doors because 1 is a 6-apartment building, and a few others have 2+ apartments) and has been renting, managing, and rehabbing them ever since. Now we are preparing for retirement and are ready to sell the entire portfolio to 1 investor. All the properties have leases, except there is 1 vacant apartment in the 6-apartment building. All have rental licenses, and all have passed the City-required lead inspections, even the ones that aren’t due until later in the year. There are no mortgages. Everything is clean and ready to go. Most of the tenants are long-term, and their leases have automatically renewed into the month-to-month phase. So, the new owner could continue to collect income, raise rents, do cash for doors, and/or flip them. The supply is low in Philadelphia, so we are being inundated with postcards, calls, texts, and emails from potential buyers. For now, we’re not considering selling the properties individually. The value, based on comps and other offers, is $5.8 million for the properties individually, and we will consider offers in which we walk away with at least $5 million. We were able to eliminate some who wanted to buy the entire portfolio but don’t really have sufficient proof of funds, and some who say they’re investors themselves but are actually brokers just looking for the listing. If you email me, explaining your interest, I could send you the spreadsheet that shows all the addresses, lease expiration dates, current rental income, etc. on each property. Please respond ONLY if you:
- Are a real estate investor
- Will pay the commission, closing costs, and Philadelphia transfer tax
- Are interested in purchasing the entire 24-property portfolio, as is
- Can provide sufficient proof of funds

Location

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LISTING UPDATED: 01/08/2022 07:00 PM

Property Details for 1806 Vineyard Street

StatusActive
MLS #11460639
Days on Market838
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family
Year Built1920
Lot Size0.02 AC / 1,088 SF
CountyPhiladelphia County

Location

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Building Information for 1806 Vineyard Street

Stories-Year Built1920Building Size-Lot Size0.02 AC / 1,088 SF

Payment Calculator

$27,712 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,287

Property Taxes

$425

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1806 Vineyard Street

Summary
Parking
  • Garage Carsize: 0
Property
Lot Information
  • Lotsize: 1088.0
Property and Assessments
  • Year Built: 1920
Interior and Exterior Features
Interior Features
  • Quarter Baths: 0
  • Halfbaths: 1
  • Threequarterbaths: 0
  • Fullbaths: 1
  • Bedrooms: 5

Property History for 1806 Vineyard Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1806 Vineyard Street

Taxable ValueLand$72,940Additions$291,760Total$364,700
Tax Record2023$5,105 ($425 / month)
Home Facts
Beds0Total Finished SqFt1,654 SqFtAbove Grade Finished SqFt1,654 SqFtStories3Lot Size1,088 SqFtStyleCondominiumYear Built1920ZoningRSA5CountyPHILADELPHIAAPN15-1-3630-00

Schools near 1806 Vineyard Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Bache-Martin School
Public - PK to 8
Franklin Benjamin High School
Public - 9 to 12
Middle Years Alternative School
Public - 5 to 8
Building 21
Public - 9 to 12
Rating
School
Distance
Bache-Martin School
PublicPK to 8

Franklin Benjamin High School
Public9 to 12

Middle Years Alternative School
Public5 to 8

Building 21
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1806 Vineyard Street, Philadelphia, PA 19130

1806 Vineyard Street is a single family home for sale in Philadelphia, PA 19130. This property was listed for sale on January 9, 2022 by For sale by owner, please contact, it's currently listed at $5,000,000. It has been on the market for a total of 838 days and was last sold on February 9, 2008. This listing's school district is Philadelphia City School District. Nearby schools include Bache-Martin School, Franklin Benjamin High School and Middle Years Alternative School. 1806 Vineyard Street is a 5-bed, 1.5-bath, 1,654 sqft single family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.