Property Attributes
- MLS#PAPH2331542
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19146
- NeighborhoodGrays Ferry
- Zip19146
- StyleTraditional
- Year Built2020
- Taxes$ 326
- Price$ 900,000
- Bedrooms7
- Full Bathrooms0
- Half Bathrooms0
- Lot Size871 SqFt
Data Source:
Bright MLS
Property Description
Situated in the burgeoning neighborhood that borders Graduate Hospital and Point Breeze, 2646-48 Manton St offers a fantastic investment opportunity. This triplex comprises three fully occupied residential condominium units, consisting of (2) two-bedroom units and (1) three-bedroom unit. Each unit boasts contemporary finishes, in-unit washer and dryers, central air conditioning, and generous ceiling heights. The property presents the option for a new owner to sell off individual condo units if desired. Conveniently located within walking distance of a neighborhood shopping plaza anchored by The Fresh Grocer, as well as a diverse selection of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors, residents have access to a plethora of amenities. Easy commuting is facilitated by the nearby Schuylkill Expressway (Interstate 76), providing swift access to University City and Center City. Furthermore, residents enjoy close proximity to Pennovation Works, the University of Pennsylvania's expansive 23-acre innovation hub. Additionally, the property includes basement storage units in 2648 (available for tenants in units #2 and #3) and a 650 SF roof deck for Unit #3. With a current monthly rental income of $6,190 and a 6.5% pro forma cap rate, this property represents an enticing investment opportunity in the heart of Grays Ferry.
Price History | |
---|---|
3/13/2024 | Listed $900,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Central |
Cooling | Central A/C |
Possession | Settlement |
Roof | Fiberglass |
Appliances | Stove,Refrigerator,Microwave |
Zoning | RM1 |
Pool Y/N | No Pool |
Architectural Style | Traditional |
Construction Materials | Brick |
Year Built | 2020 |
Electric | 100 Amp Service |
Property SubType | Triplex |
Tax Year | 2020 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Accessibility | None |
County | PHILADELPHIA |
New Construction | No |
Property Type | Multi-Family |
Subdivision Name | GRAYS FERRY |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Status | ACTIVE |
Directions | The property is situated within blocks of a neighborhood shopping plaza anchored by The Fresh Grocer as well as an array of restaurants and shops along the Grays Ferry Avenue and Washington Avenue co |
ModificationTimestamp | 2024-04-17T12:11:34 |
City | PHILADELPHIA |
Buyer Agent Compensation | 2 |
Total Units | 3 |
MLS Area | 19146 (19146) |
Lot Size Square Feet | 733.00 |
Tax Assessed Value | 23300.0 |
Waterfront Y/N | No |
Street Name | MANTON |
Tax Annual Amount | 326.0 |
Two Bedroom | 2 |
Structure Type | Interior Row/Townhouse |
Other Units | Unit 1,Unit 2,Unit 3 |
Price Per Sq Ft | 291.64 |
Acceptable Financing | Conventional,Cash |
Historic Y/N | No |
Vacation Rental Y/N | No |
Total SQFT | 3086 |
Days on Market | 42 |
Standard Status | Active |
Year Built Source | Estimated |
Tax Lot | 169 |
Total Actual Rent | 70566.00 |
Cap Rate | 6.50 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Basement | Fully Finished,Rear Entrance |
Flooring | Hardwood |
Hot Water | Natural Gas |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Window Features | Double Pane |
Fireplace Y/N | No |
Street Suffix | STREET |
Central Air Y/N | Yes |
LivingAreaSource | Estimated |
Three Bedroom Units Count | 1 |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | On Street |
Land Use Code | SR |
Foundation Details | Concrete Perimeter |
Spa | No |
Water View Y/N | No |
Lot Size Acres | 0.02 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Land Assessed Value | 23300.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool