2315 Pierce St, Philadelphia, PA 19145
Local realty services provided by:ERA Reed Realty, Inc.
2315 Pierce St,Philadelphia, PA 19145
$625,000
- 9 Beds
- - Baths
- 4,500 sq. ft.
- Multi-family
- Active
Listed by: kimberly cassidy
Office: kw empower
MLS#:PAPH2593766
Source:BRIGHTMLS
Price summary
- Price:$625,000
- Price per sq. ft.:$138.89
About this home
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....
Contact an agent
Home facts
- Year built:1925
- Listing ID #:PAPH2593766
- Added:68 day(s) ago
- Updated:May 21, 2026 at 01:41 PM
Rooms and interior
- Bedrooms:9
- Living area:4,500 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Natural Gas
Structure and exterior
- Year built:1925
- Building area:4,500 sq. ft.
- Lot area:0.02 Acres
- Architectural Style:Traditional
- Construction Materials:Masonry
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$625,000
- Price per sq. ft.:$138.89
- Tax amount:$831 (2018)
Parking
- Parking description:On Street
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