Other

2315 Pierce Street, PHILADELPHIA, PA, 19145-1824

For Sale

$599,999

4500 SQFT
Listed By: Kimberly Cassidy, [email protected], 2156206934
Listing Brokerage: KW Empower
Source: Bright MLS

Turnkey 3-Property Investment Portfolio – $56,880 Annual Income Rare opportunity to acquire a cash-flowing 3-property rental portfolio in Philadelphia featuring 2315 Pierce St, 2235 E Ann St, and 2271 E Cambria St. The seller prefers to sell all three properties together for $675,000, creating an ideal opportunity for investors looking to acquire multiple performing assets in one transaction. The portfolio is currently fully occupied with long-term tenants and generates $56,880 annually in rental income, providing immediate and stable cash flow from day one. All three homes have been updated with renovated kitchens and bathrooms, including modern cabinetry, updated fixtures, and refreshed finishes that appeal to today’s renters while helping minimize near-term capital expenditures. These improvements make the portfolio a true turnkey investment requiring minimal upfront work. Properties with existing tenants, recent upgrades, and stable income are increasingly difficult to find in Philadelphia, making this an attractive acquisition for both local and out-of-area investors seeking reliable cash flow. 2315 Pierce St is being offered individually at $245,000, however the seller strongly prefers a portfolio sale including: • 2315 Pierce St • 2235 E Ann St • 2271 E Cambria St Portfolio Price: $675,000 Investor-friendly opportunity with potential for future rental increases as leases renew. Whether you are expanding an existing rental portfolio or entering the Philadelphia market, this offering provides immediate income, updated properties, and long-term tenant stability in a single acquisition.

MLS® ID PAPH2593766

UPDATED: 08/11/2026 16:20

Details

Location Details

Formatted Street Address 2315 Pierce Street
Subdivision NEWBOLD
County PHILADELPHIA-PA
Area 19145 (19145)
Country US

Property Details

Assessment Year 2018

Building Details

Year Built 1925
Approx Age 101
Architectural Style Traditional
Construction Masonry
Garage Spaces 0
Private Entrance No
Heating Central
Water Supply Types Public
Pet Friendly No

Fee Details

Taxes 831
Taxes Year 2018

Land Details

Lot Size 670
Acreage 0.02
Irregular No
Cross Streets 23rd
Pool Yes
Private Pool No
Waterfront false
Shoreline No
Sewers Public Sewer

Other

Status Available

Location

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