5813 Cobbs Creek Parkway

Philadelphia, PA 19143

$6,000,000
Price
Beds
1,984 Sq. Ft.
$3,024 / Sq. Ft.
1,984
Sq. Ft.
$3,024
per Sq. Ft.

Description

Rare opportunity to purchase a large, established rental portfolio of 48 single family and 3 duplex properties. All units currently rented, with low operating expenses, some located within Qualifying Opportunity Zones.

Property Details for 5813 Cobbs Creek Parkway

Expected On Market Date
09-10-2020
Subdivision
COBBS CREEK
Municipality
PHILADELPHIA
Ownership
Fee Simple
Style
Other
Structure Type
Other

Property Details for 5813 Cobbs Creek Parkway

StatusActive
MLS #PAPH927290
Days on Market128
Taxes$1,316 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.04 AC / 1,549 SF
CountyPhiladelphia County

Listing Agent

Contact Agent(s)

Location

Listing Agent

  1. Eli Qarkaxhia

    Listing Agent

    Compass

    eli.q@compass.com

    P: 215.287.4299

Building Information for 5813 Cobbs Creek Parkway

Stories-Residences1Year Built1920Building Size-Lot Size0.04 AC / 1,549 SF

Payment Calculator

$20,217 per month

30 year fixed, 2.95% Interest

Principal and Interest

$20,108

Property Taxes

$110

HOA Dues

$0

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Property Information for 5813 Cobbs Creek Parkway

Location Info
    School Info
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
    Location Info
  • MLS Area: 19143 (19143)
  • Subdivision Addtl: COBBS CREEK (PHILADELPHIA PA)
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
Association / Community Info
    Association / Community Info
  • HOA: No
Taxes and Assessment Info
    Tax Info
  • Tax Annual Amount: $1,316
  • Tax Year: 2020
  • School Tax: $722
  • County Tax: $0
  • City Town Tax: $594
  • Clean Green Assessed: No
  • Zoning: RSA5
  • Tax Lot: 172
  • Tax ID Number: 033151000
    Assessment Info
  • Tax Assessed Value: $94,000
  • Year Assessed: 2020
  • Improvement Assessed Value: $79,900
  • Land Assessed Value: $14,100
Financial Info
    Utilities
  • Cooling Fuel: None
  • Heating Fuel: Other
  • Hot Water: Other
  • Sewer Septic: Public Sewer
  • Water Source: Public
    Financial Info
  • Gross Income: $658,800
  • Net Operating Income: $457,157
  • Annual Rental Income: $658,800
  • Cap Rate: 7.60
Building Info
    SQFT
  • Above Grade Finished SQFT: 1984
  • Below Grade Finished SQFT: 0
  • Below Grade Unfinished SQFT: 0
  • Total Finished SQFT: 1984
  • Tax Total Finished SQFT: 1984
    Structure
  • Building Units Total: 1
  • Other Structures: Above Grade, Below Grade
  • Accessibility Features: None
  • Construction Materials: Masonry
  • New Construction: No
    Unit Info
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
Lot Info
    Lot Info
  • Property Type: Multi-Family
  • Land Use Code: O30
  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 19.00 x 81.50
  • Lot Size Source: Assessor
  • Lot SQFT: 1549
  • Lot Size Acres: .04
  • Navigable Water: No
  • Age: 1920
Parking
    Parking
  • Garage: No
  • Type Of Parking: On Street
Interior Features
    Interior Features
  • Fireplaces Count: 0
  • Central Air: No
  • Cooling Type: None
  • Heating: Yes
  • Heating Type: Other
Exterior Features
    Exterior Features
  • Pool: No Pool

Property History for 5813 Cobbs Creek Pkwy

DateEvent & SourcePriceAppreciation
Sep 10, 2020

Listed (Active)

BRIGHT #PAPH927290

$6,000,000
Sep 10, 2020

Listed (Active)

BRIGHT #PAPH927284

$6,000,000
Mar 27, 2018

Closed (Public Record)

Public Record #621231324

$17,000
DateEvent & SourcePrice
09/10/2020

Listed (Active)

BRIGHT #PAPH927290

$6,000,000
09/10/2020

Listed (Active)

BRIGHT #PAPH927284

$6,000,000
03/27/2018

Closed (Public Record)

Public Record #621231324

$17,000

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

Public Records for 5813 Cobbs Creek Parkway

Taxable ValueLand$14,100Additions$79,900Total$94,000
Tax Record2020$1,315 ($110 / month)
Home Facts
Beds4Total Finished SqFt1,984 SqFtAbove Grade Finished SqFt1,984 SqFtStories2Lot Size1,549 SqFtStyleTownhouseYear Built1920ZoningRSA5CountyPHILADELPHIAAPN033151000

Schools near 5813 Cobbs Creek Parkway


SchoolTypeGradesDistanceRating
Kipp West Philadelphia Preparatory Charter SchoolCharter5-80.1 mi
3
KIPP West Philadelphia Charter SchoolCharterK-40.2 mi
NR
Anderson Add B SchoolPublicPK-80.3 mi
1
Mastery Cs-Harrity CampusCharterK-80.3 mi
4

Kipp West Philadelphia Preparatory Charter School

5-8, 0.1 mi, Charter

3

KIPP West Philadelphia Charter School

K-4, 0.2 mi, Charter

NR

Anderson Add B School

PK-8, 0.3 mi, Public

1

Mastery Cs-Harrity Campus

K-8, 0.3 mi, Charter

4

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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5813 Cobbs Creek Parkway is a multi-family home for sale in Philadelphia, PA 19143. This property was listed for sale on September 10, 2020 by Compass at $6,000,000. It has been on the market for a total of 129 days and was last sold on March 27, 2018. This listing's school district is Philadelphia City School District. Nearby schools include The Workshop School, Roosevelt Theodore Middle School and Parkway West. 5813 Cobbs Creek Parkway is a 0-bed, 0-bath, 1,984 sqft multi-family home built in 1920. This address can also be written as 5813 Cobbs Creek Pkwy.

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. No financial or legal advice provided. Equal Housing Opportunity.

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