3 Year New Construction 4 unit Quadplex, directly across from Fairmount Park! At a 6.5 Cap Rate! High-quality construction materials were used to help lower maintenance costs while increasing rent rolls! Built using European tilt windows, luxury waterproof scratch-resistant vinyl, hardwood cabinets, Delta fixtures, all new appliances, and much much… Read More more. 7 years remaining on the Tax Abatement! An all-electric building to keep expenses to a minimum and pass electrical costs on to the Tenants .Layout and rents: Unit 1 - 3bedroom 3 bathroom split level 1st floor and basement unit, Approx 1400sqf. Projected Rent Roll $2000 per month. Unit 2- Approx 450sqf Studio apartment on 2nd floor with a 150sqf balcony overlooking the park! Rent Roll of $1050 a month. Unit 3-Approx 600sqf 1bedroom 1bathroom apartment on 2nd floor. Rent Roll of $1250-1450 a month. Unit 4-Approx 1050sqf 2bedroom 2 bath 3rd floor apartment with a private 800sqf Rooftop Deck overlooking the city skyline and Fairmount Park! Rent Roll $1950 a month. Total Rent Roll 6250-6450 a month. GREAT INVESTMENT OPPORTUNITY, and watch this area of Philadelphia continue to grow and increase in value!!!! Read Less
2,919 sqft living area, Built in 2021, Major renovation in 2021, Structure Type: End of Row/Townhouse, 4 units in building, 4 levels in building, Contemporary, Stick Built, Brick, Vinyl Siding
Cooling
Central Air, Electric, Central A/C
Floors
Engineered Wood
Foundation
Concrete Perimeter
Heating
Electric, 90% Forced Air
Interior Features
Floor Plan - Open
Lot
1,584 sqft, Lot Size Dimensions: 16.00 x 99.00, 0.04 acres
Property
Other Structures: Above Grade, Below Grade, 1 one-bedroom unit, 1 single-room unit, 1 three-bedroom unit, 1 two-bedroom unit
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.