Property Attributes
- MLS#PAPH2293174
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19122
- NeighborhoodOlde Kensington
- Zip19122
- Style
- Year Built2023
- Taxes$ 1175
- Price$ 4,500,000
- Bedrooms18
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description
Located in the Keystone Opportunity Zone! 13 Unit, new construction building in the heart of the Olde Kensington neighborhood of Philadelphia. Just minutes to Fishtown and only 2 blocks from the Berks subway station. This 14,000 sq. ft. building is comprised of 4 floors above grade plus a basement of about an additional 3500 sq. ft. Unit breakdowns are as follows: 6 total one bedroom/ 1 bathroom apartments, 6 total 2 bedroom /2 full bathroom apartments, and a large 3500 sq. ft. corner commercial space with oversized garage parking. One-bedroom apartments range in sq. footage from 506-547 sq. ft. and the two-bedroom apartments range from 644-987 sq. ft. All units have central air and heat, wood flooring, washer and dryer, white quartz countertops, and stainless steel appliances. One bedroom projected rents to be between $1400-1500/ month and two bedrooms projected rents $1800-$2000 per month. Projected gross annual rent of over $240k per year. Fiberglass roof deck to be finished and furnished. The basement is to be finished as an amenity space. Please contact the agent for floor plans, tours, and finish options. The seller is motivated, please contact us with serious inquiries.
Price History | |
---|---|
10/31/2023 | Listed $4,999,999 |
11/22/2023 | 10% - $4,500,000 |
General Features
Interior Features | Elevator |
---|---|
Sewer | Public Sewer |
Heating | Forced Air |
Cooling | Central A/C |
Possession | 61-90 Days CD |
Roof | Fiberglass |
Zoning | ICMX |
Garage Spaces | 1.00 |
Pool Y/N | No Pool |
Architectural Style | Other |
Construction Materials | Masonry |
Year Built | 2023 |
Property SubType | Other |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Accessibility | None |
County | PHILADELPHIA |
New Construction | Yes |
Property Type | Multi-Family |
Subdivision Name | OLDE KENSINGTON |
Garage Y/N | Yes |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Transportation | Bus Stop less than 1 mile,Metro/Subway Station less than 1 mile |
Status | ACTIVE |
Directions | On the corner of 2nd and Tilghman Street |
ModificationTimestamp | 2024-04-04T13:02:08 |
City | PHILADELPHIA |
Buyer Agent Compensation | 2 |
Total Units | 4 |
MLS Area | 19122 (19122) |
Lot Size Square Feet | 2750.00 |
Tax Assessed Value | 84000.0 |
Waterfront Y/N | No |
Street Name | 2ND |
Tax Annual Amount | 1175.0 |
Property Condition | Excellent |
Two Bedroom | 6 |
Structure Type | Interior Row/Townhouse |
One Bedroom Units Count | 6 |
Price Per Sq Ft | 10714.29 |
Construction Completed Y/N | Yes |
Vacation Rental Y/N | No |
Total SQFT | 14420 |
Days on Market | 183 |
Standard Status | Active |
Year Built Source | Estimated |
Tax Lot | 46 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Electric |
---|---|
Basement | Fully Finished |
Hot Water | Electric |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | Yes |
LivingAreaSource | Assessor |
Exterior Features
Water Source | Public |
---|---|
Total Parking Spaces | 1 |
Garage Features | Other |
Type of Parking | Attached Garage |
Foundation Details | Other |
Water View Y/N | No |
Lot Dimensions | 98.00 x 23.00 |
Lot Size Acres | 0.06 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 25200.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
# of Attached Garage Spaces | 1 |
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