Views
Listed By:
Compass Pennsylvania, LLC
Address
2517 Hope Street, Philadelphia, PA
Price
$ 1,230,000
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

Property vs Multi-Family Average in 19133

Price
AVG $470K
$1.23M
Visits
AVG 233
210
Data Provided by Inside Real Estate®
Year Built
AVG 1950
2022

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