Twitter
Facebook
Email
|
Hugh price improvement! Motivated Seller! You can increase the cash flow dramatically if you are certified to take housing voucher. Located in booming Francisville neighborhood, this is an excellent opportunity to own a turn-key, fully rented building consisting of 5 (Five not Four) residential units. Newly constructed in 2016, offering low maintenance costs plus the added benefit of 2 years remaining on the Tax Abatement. All 5 units are metered separately for gas and electric. Each tenant pays own utilities. The building was constructed with a modern and contemporary design with hardwood flooring throughout, stainless steel appliances and quartz kitchen countertops. Added Bonus of washer/dryers in each unit. The building features three 2 bedroom & 2 bathroom units, and two 1 bedroom / 1 bathroom units. 1st floor units are bi-level with 2 bedrooms & 2 bathrooms. 2nd floor unit occupies the entire floor and consists of a 2 bedroom & 2 bathrooms. 3rd Floor is comprised of two 1 bedroom & 1 bathroom units with access to their own private balcony. Shared rooftop deck with amazing city views and a rear patio. No monthly condo fees apply as there is 1 owner of the building that manages and maintains the building. This flexibility allows the new owner the option of holding the building as a long-term investment or sell the individual units as condominiums. Located in close proximity to the Broad Street Line and the bustling corridor of Fairmount Ave; including Bar Hygge, Osteria, Fairmount Pizza, Rybread, Telas Market, High Point Cafe, Mugshots cafe,Philly Flavors, Fare, Anytime Fitness,Fine Wine & Spirits, Fairmount Hardware & Fairmount Bicycles. Just moments to the Art Museum, Center City, pharmacies, the post office and grocery stores, nightlife, and entertainment.
| DAYS ON MARKET | 189 | LAST UPDATED | 8/15/2024 |
|---|---|---|---|
| TRACT | FAIRMOUNT | YEAR BUILT | 2016 |
| COMMUNITY | 19130 (19130) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Jul 19, '24 | $1,450,000 |
|---|---|
| Jul 19, '24 - Aug 15, '24 | $1,399,000 |
| Aug 15, '24 - Today | $1,350,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19130 (19130) |
| HEAT | Forced Air, Natural Gas |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | FAIRMOUNT |
| TAXES | 541 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Realty Mark Associates
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2024.