224 Dorset Street
224 Dorset Street
$3,270,000
—
26,723
26,723
$122
Closed 4/15/22
Description
22 home portfolio for sale in the surging Germantown section of Philadelphia, Pennsylvania. Turnkey investment sale offered at an extremely attractive 7.5% cap rate with major rental upside (9.5% pro forma cap rate on market rate rents) in a fast-growing desirable location. Assets have been well maintained and historically occupied throughout Ownership's tenure. This is a rare chance to acquire a cash flowing real estate portfolio in an emerging submarket with appreciation forecast for double digit...22 home portfolio for sale in the surging Germantown section of Philadelphia, Pennsylvania. Turnkey investment sale offered at an extremely attractive 7.5% cap rate with major rental upside (9.5% pro forma cap rate on market rate rents) in a fast-growing desirable location. Assets have been well maintained and historically occupied throughout Ownership's tenure. This is a rare chance to acquire a cash flowing real estate portfolio in an emerging submarket with appreciation forecast for double digit annual returns. These properties are offered well below replacement cost. The area is booming with new construction apartments, homes and retail. Easy access to downtown Philly, University City, and Greater Philadelphia suburban employment centers. Enquire within for financials.
Property Details for 224 Dorset Street
Tax ID Number
222017300
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleTraditional
WaterfrontNo
GarageNo
Expected On Market Date12-01-2021
SubdivisionGERMANTOWN
Location
LISTING UPDATED: 05/06/2022 04:03 PM
Property Details for 224 Dorset Street
Status | Closed |
---|---|
MLS # | PAPH2042958 |
Days on Market | 61 |
Taxes | $1,296 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1920 |
Lot Size | 0.02 AC / 900 SF |
County | Philadelphia County |
Location
Building Information for 224 Dorset Street
Stories-Residences1Year Built1920Building Size-Lot Size0.02 AC / 900 SF
Payment Calculator
$17,954 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 224 Dorset Street
Property History for 224 Dorset Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 224 Dorset Street
Taxable ValueLand$26,280Additions$105,120Total$131,400
Tax Record2023$1,839 ($153 / month)
Home Facts
Beds3Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories2Lot Size900 SqFtStyleCondominiumYear Built1920ZoningRSA5CountyPHILADELPHIAAPN22-2-0173-00
Schools near 224 Dorset Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Emlen Eleanor C School PublicPK to 5 | ||
Roosevelt Theodore Middle School PublicK to 8 | ||
King Martin Luther High School Public9 to 12 | ||
Parkway Northwest 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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