For Sale

Description

Philly CRE Advisors is pleased to present a rare portfolio opportunity on the 1900 block of E Stella Street, offering strong in-place cash flow, clear rental upside, and the unique ability to control nearly an entire cul-de-sac block within a rapidly evolving River Wards submarket. Nestled just northeast of Fishtown and the emerging Port Richmond riverfront, the location benefits from the spillover demand created by Fishtown’s rapid transformation into one of Philadelphia’s most sought-after live-work-play neighborhoods, with its acclaimed dining, nightlife, and creative office scene drawing renters steadily northward. Assembled and carefully maintained over 45 years by a single family owner, the portfolio consists of 14 fully occupied single-family homes situated on a quiet, low-traffic block that dead-ends at an elementary school. This setting has consistently attracted long-term tenants and supports stable occupancy with minimal turnover, while offering a more affordable alternative to Fishtown and Port Richmond for renters who still want convenient access to I-95, Center City, and the nearby riverfront. Current rents are below market relative to comparable renovated product in the surrounding Port Richmond, Harrowgate, and greater Fishtown-adjacent areas, presenting a clear opportunity for organic growth through lease renewals and turnover without the need for heavy capital investment. As pricing and rents in core Fishtown continue to climb, this pocket is well positioned to capture renters seeking value just outside the neighborhood’s core, supporting continued rent growth and compressed vacancy over time. The surrounding neighborhood continues to see steady momentum, driven by ongoing redevelopment across the River Wards, expansion from Port Richmond and Fishtown, and continued investment along the Kensington and Tioga corridors. Public and private initiatives, including infrastructure improvements, adaptive reuse of former industrial buildings, and new residential development, are contributing to rising demand, improved streetscapes, and long-term appreciation as the Fishtown and Port Richmond energy pushes deeper into adjacent blocks. With all properties located on a single block, the portfolio benefits from operational efficiency, ease of management, and a level of control that is rarely available in Philadelphia. For investors seeking scale near Fishtown’s growth engine but at a more attractive basis, this offering presents a compelling opportunity to secure stabilized cash flow today and capitalize on continued neighborhood evolution and rent upside in a supply-constrained urban market All pictures are of properties in the portfolio. All properties must be sold together as a package deal. Please see the addresses included in the portfolio below: 1931 E Stella St - PAPH2602690 1933 E Stella St - PAPH2602712 1935 E Stella St - PAPH2602718 1937 E Stella St - PAPH2602720 1941 E Stella St - PAPH2602724 1943 E Stella St - PAPH2602726 1949 E Stella St - PAPH2602730 1951 E Stella St - PAPH2602734 1953 E Stella St - PAPH2602736 1955 E Stella St - PAPH2602738 1957 E Stella St - PAPH2602742 1959 E Stella St - PAPH2602746 1960 E Stella St - PAPH2602748 1961 E Stella St - PAPH2602752