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Edward Rogers

edrogers@honestrealestate.com +1(267) 231-7212

Listed by Ryan McManus • Keller Williams Liberty Place

$ 975,000

Est. payment | -/mo

5,000 SqFt

Save

$ 975,000

Est. payment | -/mo

Save

5,000 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $195

Subdivision Brewerytown

MLS Listing ID PAPH2690548

Style Contemporary

Abv Grd Liv Area 5,000

Year Built 2019

Annual Tax Amount $3,130

Tax Year 2020

Lot Size 1,575 Sqft

Acres 0.04

Lot Dimensions 18.00 X 87.50

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Located just off Athletic Square Park and Brewerytown Garden, this cash-flowing quadplex presents a 7.5% pro forma cap rate with four (4) high-design apartments in the coveted Brewerytown submarket of Philadelphia, Pennsylvania — a Top-10 USA MSA. Complete with private patios and skyline roofdecks for outdoor enjoyment in a bucolic urban setting — walkable to prime amenities — this 4-storey multifamily property carries a full 10-yr tax abatement through 2029 with minimal OPEX and rental upside. Nine (9) total bedrooms (three 2bd x 2.5ba units, one 3bd x 2.5ba unit) throughout the ±5,000 SF apartment building. Easy access to Girard Avenue's bevy of shops, bars, restaurants, cafes, breweries and bruncheries — as well as Fairmount Park, the largest urban park in America. Easily accessible to Philly's iconic Boathouse Row, Schuylkill River Trail and Museums District. Convenient to Center City and University City and all major roadways throughout the Philadelphia MSA. Purchase this prime real estate investment in a fast-growing submarket experiencing above-average rent growth and start building your portfolio today.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Full

Interior

Interior Features Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System, Wood Floors

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Engineered Wood

Fireplaces Number 4

Equipment Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Single, Refrigerator, Stainless Steel Appliances, Washer

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Single, Refrigerator, Stainless Steel Appliances, Washer

Heat Source Natural Gas

Laundry Washer In Unit, Dryer In Unit

Exterior

Water Access N

View City

Roof Type Fiberglass

Accessibility None

Garage N

Private Pool No

Building

Foundation Permanent

Above Ground Finished SqFt 5000

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 291361505

Ownership Fee Simple

SqFt Source 5000

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(267) 231-7212

edrogers@honestrealestate.com

12320 Academy Rd, Philadelphia, Pennsylvania 19154, USA

1501 N BAILEY ST Philadelphia, PA 19121