Property Attributes
- MLS#PAPH2342452
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19140
- Zip19140
- StyleApartment Building
- Year Built2023
- Taxes$ 144
- Price$ 999,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3500
- Lot Size0.05 Acres
Data Source:
Bright MLS
Property Description
Welcome to the pinnacle of real estate investment! We proudly present a prime opportunity to own a state-of-the-art, new construction 6-unit apartment building. This stunning property offers not only luxurious living spaces but also promises an exceptional return on investment. Completed in the mid of 2023, this contemporary gem exudes modern elegance from every corner. Designed with meticulous attention to detail, it stands as a testament to superior craftsmanship and quality construction. With all six studios currently leased at $1,000 per month, this property ensures a steady stream of income from day one. 10-Year Tax Abatement: Benefit from substantial tax savings with a generous 10-year tax abatement. Sit back and relax as this turnkey property eliminates the hassle of renovations or upgrades. Start generating passive income immediately without the headaches of extensive maintenance. Floorplans are available upon request
Price History | |
---|---|
4/12/2024 | Listed $999,999 |
General Features
Sewer | Public Sewer,Public Septic |
---|---|
Heating | 90% Forced Air |
Cooling | Central A/C |
Possession | Settlement |
Zoning | RSA3 |
Construction Materials | Stucco |
Year Built | 2023 |
Property SubType | Five Or More Units |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | None |
Business Type | Apartment Building |
Accessibility | Other |
County | PHILADELPHIA |
Operating Expense | 7200.00 |
Insurance Expense | 2500.00 |
New Construction | Yes |
Property Type | Commercial Sale |
Water Access Y/N | No |
Status | ACTIVE |
Directions | gps |
ModificationTimestamp | 2024-05-18T07:15:30 |
City | PHILADELPHIA |
Buyer Agent Compensation | 2 |
Total Units | 6 |
MLS Area | 19140 (19140) |
Lot Size Square Feet | 1995.00 |
Tax Assessed Value | 10300.0 |
Waterfront Y/N | No |
Street Name | 17TH |
Tax Annual Amount | 144.0 |
Electric Expense | 600.00 |
Property Condition | Excellent |
Trash Expense | 500.00 |
Price Per Sq Ft Total | 263.16 |
Acceptable Financing | Cash,Conventional,Private |
Construction Completed Y/N | Yes |
Vacation Rental Y/N | No |
Days on Market | 37 |
Standard Status | Active |
Year Built Source | Estimated |
Tax Lot | 137 |
Total Actual Rent | 72000.00 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Electric |
---|---|
Hot Water | Electric |
Total Stories | 3 |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | Yes |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | On Street |
Land Use Code | SR |
Water View Y/N | No |
Building Area Total | 3800.00 |
Lot Dimensions | 20.00 x 102.00 |
Lot Size Acres | 0.05 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 10300.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
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