Selling Rental Properties for Cash in Philadelphia

[Joseph Wright]

-I'm a licensed real estate agent currently liquidating a healthy amount of properties for an investor. My clients own a couple dozen  properties between Overbrook, Gray's Ferry, Germantown, Drexel Hill, and even a few near Temple

-These houses will be sold as-is for cash. Prices will be between $45,000 and $135,000 per piece (depending on locating and condition).

-Properties will not be listed on the market, they are simply going to be sold as whole sale deals.

-Properties are located in B neighborhoods, currently renting for $850-1150 monthly
*With simple renovations these are properties that would immediately rent for $1100-1500 monthly

-These are properties my clients have bought 15-25 years ago and have kept as rentals without making improvements

Give me a call for more details, also you never pay capitol gains tax while you're buying and holding!

Here is one that has been recently sold:

7231 N 21st Street

Philadelphia, PA 19138

Sold Price: $82,000

 .     .   

Sq Ft: 1030

3 bed/ 1 bath 

Parking in back 

Tax assessment: $114,300

After repairs renting $1200 monthly