2927 FRENCH ST Philadelphia, PA 19121
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 985 sqft
Price per Sqft $207
Subdivision Strawberry Mansion
MLS Listing ID PAPH2631958
Style Straight Thru
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 985
Year Built 1915
Annual Tax Amount $537
Tax Year 2025
Lot Size 705 Sqft
Acres 0.02
Lot Dimensions 14.00 x 51.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
The full portfolio includes 102 properties totaling 108 residential units, offered at $18,800,000. The assets are located across multiple Philadelphia ZIP codes, including 19132, 19104, 19121, 19139, 19143, 19131, 19151, 19140, 19133, and 19129, providing investors with broad exposure across several residential rental submarkets.
The portfolio is currently operated primarily as Housing Choice Voucher / Section 8 rental housing and includes existing tenancy, reported capital improvements, and a substantial citywide footprint. Current ownership reports approximately $9.77M in documented CapEx across the portfolio, averaging roughly $96,775 per property. Actual capital improvements, scope of work, timing, condition, and amount spent vary by property and should be independently reviewed by buyers during due diligence. Reported improvements may include updated kitchens, bathrooms, flooring, lighting, paint, trim, cabinetry, fixtures, appliances, and broader unit-level modernization, depending on the individual property.
The portfolio is positioned for investors seeking immediate scale, existing income, and a platform with potential for continued operational refinement. Select properties are also reported to have remaining tax abatement benefits, which may provide additional value subject to buyer verification.
For investors looking to establish or expand a meaningful Philadelphia residential portfolio, this offering delivers scale, infrastructure, and flexibility that can be difficult to assemble property by property. All property-level information, financials, rents, expenses, leases, occupancy, abatements, capital improvements, property condition, zoning, and investment assumptions are subject to buyer verification during due diligence.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Laundry Has Laundry
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Other
Above Ground Finished SqFt 985
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 323158700
Ownership Fee Simple
SqFt Source 985
Special Listing Condition Standard
Nearby Locations
Email hope@thebreedengroup.com
Address 1425 Clarkview Rd, Baltimore, MD, 21209, USA
Hope Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.
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