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$3,750,000
598 Days On Site

5542 Larchwood Ave
Philadelphia, PA 19143

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
43,500
SqFt
$86
/SqFt
1920
Built
Subdivision:
COBBS CREEK
County:
PHILADELPHIA
Listing courtesy of Compass Pennsylvania, LLC
Call Now: 267-435-8015
Is this the home for you? We can help make it yours.
267-435-8015
5542 Larchwood Ave5542 Larchwood Ave5542 Larchwood Ave5542 Larchwood Ave
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A fantastic opportunity to acquire a premium and well managed portfolio of 25 single-family properties centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia. All 25 parcels (21 are occupied and 4 are vacant), are situated in a tight geographic area ideal for management and enhanced economies of scale. In a red hot neighborhood with some under-valued rents and significant capital appreciation opportunity. If desired, enjoy the flexibility to improve and/or spin-off certain assets and hold the rest. Professionally managed package (property manager can remain, at buyer’s option). These 25 townhomes present an advantageous investment opportunity in a rapidly improving West Philadelphia neighborhood, close to amenities, public transportation, Cobbs Creek Trail, and other developments. Inclusive of those developments is a $65 million commitment by the city of Philadelphia, The Cobbs Creek Foundation, and The TGR Foundation (founded by Tiger Woods) to revamp the existing golf course (Philadelphia's oldest course), enhance the public space, and create an educational campus for local youth. The Cobbs Creek Environmental Center has also planned significant improvements. NOTE–24 three-bedroom homes and 1 four-bedroom home. The full 25-property portfolio includes (with their OPA Account #’s): 1410 N Hirst Street, (342327100). 1633 N 60th Street, (342196000). 1847 S 54th Street (512085600). 516 S 59th Street, (032198600). 5355 Irving Street, (603054300). 5513 Irving Street, (604057300). 5542 Larchwood Avenue, (463004200). 5624 Rodman Street, (463031900). 5639 Montrose Street, (463141400). 5642 Broomall Street, (513114000). 5717 Addison Street, (604126500). 5731 Rodman Street, (463029200). 5734 Rodman Street, (463035200). 5745 Addison Street, (604127900). 5752 Pemberton Street, (463072700).5757 Walton Street, (463081300). 5787 Stewart Street, (043219500). 5816 Washington Avenue, (033113800). 5908 Christian Street, (033063200). 5910 Webster Street, (033030300). 6021 Christian Street, (033053800). 6037 Irving Street, (031103100). 6111 Irving Street, (031104700). 6137 Locust Street, (031089100). 629 N Frazier Street, (043062900).

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Listing Snapshot
Price 
$3,750,000
Days On Site 
598 Days
Bedrooms 
N/A
Inside Area (SqFt) 
43,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1920
MLS® Number 
PAPH2231770
Status 
Active
Property Tax 
$51,721.21
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 months agoPrice changed to $3,750,000
2 years agoStatus changed to Active
2 years agoListing first seen on site
General Features
Parking 
On Street
Sewer 
Public Sewer
SqFt Total 
43500
Water Source 
Public
Interior Features
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
19143 (19143)
Listing courtesy of Compass Pennsylvania, LLC



The real estate listing information is provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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