Philadelphia, PA 19134 1930 E Stella St E Stella Street

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Presented By: BHHS Fox & Roach-Center City Walnut
  • MLS# PAPH2194636
  • 01/19/2023
  • Request Tour
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  • SQFT • 24,510

Home Details

Introducing an exceptional investment opportunity brought to you by the PCREA team. This portfolio is the result of over 45 years of acquisition by a family-owned business, meticulously maintained to this day, now for sale due to current owners wanting to retire. The portfolio boasts the majority of both sides of an entire city block and includes 14 fully-occupied single-family homes, two 5-unit apartment buildings, a 6500 +/- sq ft lot, 6 bay small rental garage spaces, and a 30,000 +/- sq ft warehouse. Situated in a cul-de-sac on the 1900 block of E Stella St, which ends at an elementary school, this portfolio is in a prime location, close to local highways and mass development. The residential units are fully occupied, grossing $317,400 annually in rent with all tenants paying on time - does not include the owner-occupied industrial spaces (warehouse, garage). Furthermore, the two five-unit buildings have the potential to increase their rent by at least 20% with no capital investment. The warehouse lot and garage spaces are currently owner-occupied and will be sold vacant. Based on market comps, the warehouse should yield between $8.15-$9 per sq ft annually. This pro forma rent is based on 68 of 20,000 ft. of the warehouse. With minimal investment, this portfolio offers endless opportunities for future value and current rental increases. When fully occupied, it is expected to yield around a 10% cap rate. The convenience of having all properties on one block makes managing this portfolio a breeze. Perfect for investors, developers, or owner-occupants seeking industrial space, this portfolio is a rare and unique investment opportunity not to be missed. Contact us now to schedule a tour and secure your investment in this highly sought-after location.
Presented By: BHHS Fox & Roach-Center City Walnut

Interior Features for 1930 E Stella St E Stella Street

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1930 E Stella St E Stella Street

AccessibilityNone
Business TypeApartment Building, Auto Related, Banquet Facility/Lodge, Day Care Facility, Flex, Health Club, Hotel/Motel, Institutional, Manufacturing, Medical, Pad Site, Parking Garage, Parking Lot, Professional, Religious Fa
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingNone
CountyPHILADELPHIA
DirectionsUse GPS
Electric200+ Amp Service
Heating90% Forced Air
Insurance Expense31200.00
Location TypeUrban
Lot Size Square Feet9121.00
Lot Size UnitsSquare Feet
MLS Area19134 (19134)
MaintenanceExpense30270.00
ModificationTimestamp2025-04-08T16:10:32
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total27
Operating Expense115231.00
OwnershipFee Simple
Possession0-30 Days CD
Possible UseApartment Building, Apartments, Automotive, Church, Commercial, Day Care, Development, Flex Space, Hotel/Motel, Industrial, Institutional, Investment, Warehouse, Telecommunication Site, Storage Yard, Special Purpos
Price Per Sq Ft Total AG136.67
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount6861.0
Tax Assessed Value490200.0
Tax Lot708
Tax Year2023
Total Actual Rent492600.00
UtilitiesWater Available, Sewer Available, Natural Gas Available, Electric Available, Phone
Vacation Rental Y/NNo
ViewCity
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningRSA5

Exterior for 1930 E Stella St E Stella Street

Building Area Total30000.00
Car Parking Spaces10
Land Assessed Value98040.00
Land Use CodeLC0
Lot Dimensions76.00 x 120.00
Lot Size Acres0.21
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPrivate
Total Loading Docks4
Total Parking Spaces15
Type of ParkingOn Street, Private Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $4,100,000
MLS#PAPH2194636
List Date 01/19/2023
Property Type Commercial
Phone 703.929.4729
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