13020 BLAKESLEE DR Philadelphia, PA 19116
16 Beds
4 Baths
1,800 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $1,000
Subdivision Philadelphia
MLS Listing ID PAPH2654562
Style AirLite
Bedrooms 16
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 1,800
Year Built 1981
Annual Tax Amount $6,355
Tax Year 2026
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Somerton | Philadelphia, Pennsylvania
Asking Price
$1,800,000
Investment Highlights
● 8 residential units across 4 duplex buildings
● Portfolio includes:
● 13020 Blakeslee Drive
● 13022 Blakeslee Drive
● 13032 Blakeslee Drive
● 13034 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: $175,000
Annual Operating Expenses: Approximately $25,000
Net Operating Income (NOI): Approximately $150,000
Asking Price: $1,800,000
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.
Location
State PA
County Philadelphia
Area 19116 (19116)
Zoning RSA3
Rooms
Basement Partial
Main Level Bedrooms 16
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Parking Features Garage - Front Entry
Garage Spaces 1.0
Water Access N
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Private Pool No
Building
Story 2
Foundation Brick/Mortar
Above Ground Finished SqFt 1800
Sewer Public Sewer
Water Public
Architectural Style AirLite
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 583111661
Ownership Fee Simple
SqFt Source 1800
Special Listing Condition Standard
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