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$920,000
42 Days On Site

13020 BLAKESLEE DRIVE
PHILADELPHIA, PA 19116

For Sale|Townhouse|Active
8
Beds
4
Total Baths
4
Full Baths
1,800
SqFt
$511
/SqFt
1981
Built
Subdivision:
PHILADELPHIA
Listing courtesy of Longlong Zhan Real Estate Investment

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484-679-6202
13020 BLAKESLEE DRIVE13020 BLAKESLEE DRIVE13020 BLAKESLEE DRIVE13020 BLAKESLEE DRIVE
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4-UNIT MULTIFAMILY PORTFOLIO Somerton | Philadelphia, Pennsylvania Asking Price $920,000 Investment Highlights ● 4 residential units across 2 duplex buildings ● Portfolio includes: ● 13020 Blakeslee Drive ● 13022 Blakeslee Drive ● Each duplex features: ● Two 2-bedroom apartments ● Two private garages ● Individual laundry hookups ● Identical floor plans for efficient management ● Located in the highly desirable Somerton neighborhood of Northeast Philadelphia ● Convenient access to SEPTA Regional Rail, shopping, restaurants, schools, and major highways ● Strong rental demand with excellent long-term investment potential Financial Summary Gross Annual Income: $87,500 Annual Operating Expenses: Approximately $12,500 Net Operating Income (NOI): Approximately $75,000 Asking Price: $920,000 Cap Rate: Approximately 8.33% Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Northeast Philadelphia’s most desirable rental markets. The properties offer stable cash flow, low operating expenses, and upside potential through future rental growth. Whether you’re expanding an existing portfolio or completing a 1031 exchange, this asset presents an attractive investment opportunity. Closing Seller is seeking a fast closing. Qualified buyers are encouraged to provide proof of funds or financing pre-approval prior to scheduling property tours. For additional information, including the rent roll, operating statements, or to arrange a private showing, please contact the listing agent.

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Listing Snapshot
Price 
$920,000
Days On Site 
42 Days
Bedrooms 
8
Inside Area (SqFt) 
1,800 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.05 Acres
Year Built 
1981
MLS® Number 
PAPH2654562
Status 
Active
Property Tax 
$6,355
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoPrice changed to $920,000
a month agoListing first seen on site
General Features
Acres 
0.05
Attached Garage 
Yes
Foundation 
Brick/Mortar
Garage 
Yes
Garage Spaces 
1
Levels 
Two
Parking 
GarageAttached
Parking Spaces 
1
Property Sub Type 
Townhouse
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1800
SqFt Total 
1800
Style 
AirLite
Water Source 
Public
Zoning 
RSA3
Interior Features
Appliances 
Gas Water Heater
Basement 
Partial
Cooling 
Central AirElectric
Heating 
Natural GasCentral
Main Level Bedrooms 
8
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Community Features
MLS Area 
19116 (19116)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Longlong Zhan Real Estate Investment



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Neighborhood & Commute
Source: Walkscore
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