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Jimmy Galusky | Railey Realty

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4215 Salem StreetPhiladelphia, PA 19124Price: $1,000,000

  • Price: $1,000,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 7.4% last updated on Oct 15, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,000,000List Price
  • 13Bedrooms
  • 11Full Bath
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11-UNIT MULTIFAMILY PORTFOLIO | Philadelphia, Pennsylvania Asking Price $1,000,000 Investment Highlights ? 4 residential properties ? Portfolio includes: ? 4215 Salem St: 4 Units, All 1 BR/1 BA ? 4219 Salem St: 3 BR/1 BA Single Family Rowhome ? 4221 Salem St: 4 Units, All 1 BR/1 BA ? 4223 Salem St: 2 Units, Both 1 BR/1 BA. Convenient access to public transportationl, shopping, restaurants, schools, and major roads ? Strong rental demand with excellent long-term investment potential Financial Summary Gross Annual Income: $130,800 Annual Operating Expenses: Approximately $26,343 Net Operating Income (NOI): Approximately $104,457 Asking Price: $1,000,000 Estimated NOI Yield: 10.45%. Gross Rental Yield 13.08%. Investment Opportunity This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of 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. Investment highlights 11 Total Residential Units Strong rental demand in 19124 Value-add opportunity Adjacent lot included with 4215 Salem St Ideal portfolio for cash flow investors Prime location close to public transportation, major roads, shopping, and local amenities.

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Courtesy of Longlong Zhan Real Estate Investment

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