
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
Accessibility | None |
---|---|
Architectural Style | Other |
Construction Completed Y/N | Yes |
Construction Materials | Masonry |
Cool Fuel | Electric |
Cooling | Central A/C |
County | PHILADELPHIA |
Days on Market | 37 |
Garage Spaces | 1.00 |
Garage Y/N | Yes |
Heating | Forced Air |
Interior Features | Elevator |
Lot Size Square Feet | 2750.00 |
MLS Area | 19122 (19122) |
New Construction | Yes |
One Bedroom Units Count | 6 |
Other Structures | Above Grade, Below Grade |
Percent Ownership | Fee Simple |
Pool Y/N | No Pool |
Possession | 61-90 Days CD |
Price Per Sq Ft | 10714.29 |
Property Condition | Excellent |
Property SubType | Other |
Property Type | Multi-Family |
Roof | Fiberglass |
School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
School District | 300200397108 |
Sewer | Public Sewer |
Structure Type | Interior Row/Townhouse |
Subdivision Name | OLDE KENSINGTON |
Tax Annual Amount | 1175.0 |
Tax Lot | 46 |
Tax Year | 2023 |
Total Units | 4 |
Two Bedroom | 6 |
Vacation Rental Y/N | No |
Water Access Y/N | No |
Waterfront Y/N | No |
Year Built | 2023 |
Zoning | ICMX |
Interior Features
Basement | Fully Finished |
---|---|
Central Air Y/N | Yes |
Heating Fuel | Electric |
Heating Y/N | Yes |
Hot Water | Electric |
Exterior Features
Living Area | 420 |
---|---|
# Of Attached Garage Spaces | 1 |
Foundation Details | Other |
Garage Features | Other |
Lot Dimensions | 98.00 x 23.00 |
Lot Size Acres | 0.06 |
Lot Size Source | Assessor |
Navigable Water Y/N | No |
Total Parking Spaces | 1 |
Type of Parking | Attached Garage |
Water Oriented Y/N | No |
Water Source | Public |
Water View 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