PA > Philadelphia
Philadelphia, PA 19134,3073 MARTHA ST
Philadelphia, PA 19134,3073 MARTHA ST
Philadelphia, PA 19134,3073 MARTHA ST
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Listed by Stephen D. Stafford • SDG Management, LLC
$4,540,000
Est. payment /mo
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1,264 SqFt
New

3073 MARTHA ST Philadelphia, PA 19134

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Chris Fleming

Chris Fleming

+1(908) 283-0602

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,264 sqft

Price per Sqft $3,591

MLS Listing ID PAPH2522592

Year Built 1910

Annual Tax Amount $1,654

Tax Year 2024

Lot Size 1,464 Sqft

Acres 0.03

Lot Dimensions 18.00 x 81.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

We are pleased to present to market an exclusive opportunity to acquire a stabilized, income-producing portfolio consisting of 41 scattered-site single-family rentals located across key submarkets of North and West Philadelphia. The portfolio is 100% leased (40 private-pay / 1 PHA) with long-term tenants in place (average lease term of > 5.6 years), and has undergone significant renovation work within the last 5-10 years, offering durable in-place cash flow and strong occupancy history. While each home varies slightly in configuration and style, the majority feature modernized mechanicals, updated kitchens and baths, and efficient layouts tailored to working-class tenant demand. Despite its stabilized performance, rents across the portfolio remain below market averages, positioning the portfolio for strong NOI growth through targeted unit turnover and operational optimization.

The properties all have long-term active rental licenses, no violations, and are certified lead safe (37) or lead free (4). This portfolio offers a rare blend of current cash flow and strategic upside in a high-demand rental corridor within Philadelphia's path of growth. Ideal for local or institutional investors seeking scale in an urban SFR market with tangible long-term appreciation potential.

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning RSA5

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 252424500

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Private, Negotiable, Seller Financing, Other

Listing Terms Cash, Conventional, Private, Negotiable, Seller Financing, Other

Financing Cash,Conventional,Private,Negotiable,Seller Financing,Other

Special Listing Condition Standard

Bright MLS (BMLS)

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agent

Chris Fleming

NJ - Sales Assoicate | License ID: 2298483

+1(908) 283-0602

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