1108-12 SIGEL ST new to site

Philadelphia,PA 19148

$ 2400000

- Bed

- Bath

9800 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,800 sqft

Price per Sqft $244

MLS Listing ID PAPH2476948

Originating Board BRIGHT

Year Built 2023

Annual Tax Amount $10,994

Tax Year 2024

Lot Size 2,398 Sqft

Acres 0.06

Lot Dimensions 48.00 x 50.00

Property Sub-Type Five Or More Units

Property Description

Beautiful 2 year old 6 unit apartment building with garage parking for 4 cars available for sale now! In one of the most desirable neighborhoods in South Philadelphia this property has 6 one bedroom/one bath apartments with quartz countertops, extra large showers, stainless steel appliances, walk in closets, and a washer and dryer in every unit. Apartment 2 has it's own balcony the entire length of the apartment! The others have sliders out to their smaller balconies and all can enjoy the spacious rooftop deck! There is parking for 4 cars on the first floor and this building has an elevator! There is also low maintenance vinyl plank flooring throughout-nothing was forgotten at this special property perfect for a 1031 exchange. There is about 8 years left on a tax abatement as well. Tenants have been paying $1800 a month plus $200 for parking for 2 years so there is definitely room for rent increases.

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning CMX2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Accessibility Elevator

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 394566700

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Virtual Tour https://youtu.be/egJMTa9Eq8A

View More
Favorite Go Tour