Property Attributes
- MLS#PAPH2308044
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19133
- Zip19133
- StyleContemporary
- Price$ 1,230,000
- Bedrooms10
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description
Hope Street Quarters: Newly constructed boutique 5-unit apartment building for sale in East Kensington with a highly attractive 6.36% cap rate. This prime Philadelphia multifamily real estate offering is available nowindividually or with multiple similar properties nearby for critical mass investors. Offered below replacement costs (the combined price of land acquisition + construction). Dramatic curb appeal, multiple entrances for each apartment (inside and outside) plus a sweeping 880 SF rooftop terrace for common outdoor entertaining and panoramic Philly skyline views. UNITS: Each of the 2bd x 2ba apartments is contained on its own floor (from lower level through the 4th storey) with 1425 SF of spacious, open concept floorplans. LOCATION: Walkable to Fishtown, Philly's most popular area + Huntingdon Station on Septa's Market-Frankford El train which takes riders into Center City and University City in just over 20 minutes. FULL 10 yr tax abatement, minimal expenditures, high rent growth/appreciation forecast for years to come.
Price History | |
---|---|
12/27/2023 | Listed $1,230,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Central |
Cooling | Central A/C |
Possession | Settlement |
Zoning | RSA5 |
Pool Y/N | No Pool |
Architectural Style | Contemporary |
Construction Materials | Masonry,Brick |
Year Built | 2022 |
Property SubType | Other |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Accessibility | None |
County | PHILADELPHIA |
New Construction | No |
Property Type | Multi-Family |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade |
Status | ACTIVE |
Directions | Use GPS |
ModificationTimestamp | 2024-04-25T11:07:58 |
City | PHILADELPHIA |
Buyer Agent Compensation | 2 |
Total Units | 4 |
MLS Area | 19133 (19133) |
Lot Size Square Feet | 2030.00 |
Tax Assessed Value | 0.0 |
Waterfront Y/N | No |
Street Name | HOPE STREET |
Tax Annual Amount | 0.0 |
Two Bedroom | 5 |
Structure Type | Detached |
Price Per Sq Ft | 173.0 |
Vacation Rental Y/N | No |
Total SQFT | 7110 |
Days on Market | 121 |
Standard Status | Active |
Year Built Source | Estimated |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Hot Water | Electric |
Heating Y/N | Yes |
Central Air Y/N | Yes |
LivingAreaSource | Estimated |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | On Street |
Foundation Details | Other |
Water View Y/N | No |
Lot Size Acres | 0.05 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
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