Property
Beds
7
Full Baths
None
1/2 Baths
None
Year Built
2017
Sq.Footage
3,315
This cash flowing three-unit property sits in the coveted 19122 zip code, just a short stroll away from the bustling shops, eateries, and coffee shops of Frankford Ave and Fishtown, and steps away from the Piazza and Northern Liberties. Unit #1 is a split-level unit with three bedrooms and three bathrooms, includes a large living space with rear yard, and is rented for $1831/month with a lease ending on 6/23/2025. Unit #2, a two-bedroom, one and a half-bathroom unit, featuring a large layout with wrap-around kitchen and rear deck, which is leased for $1500/month, through 8/26/2025. Unit #3 has two bedrooms and two bathrooms, plus exclusive access to a private roof deck offering spectacular cityscape views, rented for $1650/month with the lease expiring on 7/26/2025. The building, built in 2017, provides ownership with several options: keep it as a high cash flowing rental property, live in one unit while leasing the others, or transform the property into three condominiums for individual sale. Each unit has been well maintained since completing and features high ceilings, private outdoor areas, recessed lighting, intercom systems, and abundant natural light. The property still has about four years left on its tax abatement. 3D tours available in the video section, pro-forma available upon request.
Features & Amenities
Interior
-
Total Bedrooms
7
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Residential Income
-
Architectural Style
Other
Exterior
-
Garage
No
-
Parking
None
Financial
-
Sales Price
$835,000
-
Tax Amount
2361.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Jonathan Beaulieu , JBMP Group
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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