Features & Amenities

Interior

  • Total Bedrooms

    4

Area & Lot

  • Lot Size(acres)

    0.02

  • Property Type

    Residential Income

  • Architectural Style

    Traditional

Exterior

  • Garage

    No

  • Other Exterior Features

    Balcony

  • Parking

    None

Financial

  • Sales Price

    $1,100,000

  • Tax Amount

    2800.0

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Location

County

PHILADELPHIA

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High School

Listing Courtesy of Neil P Dessecker , RE/MAX One Realty - TCDT

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.


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This bright and beautiful fully-occupied triplex has 3 luxury apartments - 1 on each floor. The property was originally designed and constructed by an experienced builder with the intent of selling them as luxury condo units, so the finishes and quality of construction exceeds most multifamily properties in the area. Each unit features central AC, in-unit laundry, gas cooking, dishwasher, and large bedrooms with full closets. The units have open concept floorplans with the ultra modern kitchens and breakfast bars overlooking the large living room/dining room areas. The units also feature video intercoms connected to the camera at the building's front door. The first floor unit(#1) has a private outdoor patio, perfect for pet owners. The top floor unit(#3) has a fiberglass roof deck that spans the entire footprint of the building and has unobstructed 360-degree views! The roof deck was just recently recoated and repainted. The property is located in the heart of the rapidly developing/appreciating Francisville neighborhood and just one block from the corridor of restaurants/coffee shops/retail that Fairmount Avenue has to offer. The location has a WalkScore of 90 and is conveniently located < 3 blocks away from the Broad Street Line and Indego Bike station. The units all have long-term tenants paying market rents - a full rent roll is available in the 'documents' tab of the MLS listing. The leases all have built-in rent increases at renewal, additional pet rents, and monthly water/sewer fees paid by the tenants. Oh, and 3+ years remaining on the TAX ABATEMENT!

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