8 bedroom house for sale
Philadelphia PA 19121
- Property Type
- House
- Price
- $1,150,000
- Beds
- 8
- Baths
- 8
Overview
Welcome to 2339 n. College Ave, a rarely offered 4 unit multi family building in BREWERYTOWN brought to you by one of Philadelphias top boutique development firms, AXE PHILLY. Property highlights include 7-Years left on the a FULL 10 Year Tax Abatement, 7% CAP RATE with $92, 400 in Gross Income, an opportunity to legalize parking in the year as this parcel runs street to street sitting on a 16 by 109 LOT, designer finishes, and a FULLY FURNISHED UNIT 1 that was previously being used as a short term rental. These apartments adhere to the highest building standards and boast top-quality finishes. With lofty ceilings and expansive windows, natural light floods each unit, imbuing them with a uniquely luxurious ambiance. Step into luxury with vinyl wood flooring throughout, complemented by sleek, modern touches. Each unit boasts a well-appointed kitchen equipped with stainless steel appliances, quartz counter tops that run up the backsplash, catering perfectly to culinary enthusiasts. All four units feature 2 bedrooms and 2 bathrooms, spanning from the basement to the third floor, with convenient laundry facilities and private outdoor space for each unit. Unit 1 - Located in the basement with 2 bedrooms, and 2 bathrooms for $1, 800/mo. with walk out patio. (projected as currently setup as a short term rental) Unit 2 - Located on the 1st floor with 2 bedrooms, and 2 bathrooms, with backyard access for $1, 950/mo. Unit 3 - Located on the 2nd floor with 2 bedrooms, and 2 bathrooms for $1, 850/mo. with private deck Unit 4 - Located on the 3rd floor with 2 bedrooms, and 2 bathrooms, with roof deck patio access for $2, 100/mo. (projected, tenant just moved out) TOTAL- $7700/mo. or $92, 400 a year Situated across from Girard College, enjoy added security with the wide street and enhanced street lighting. Explore the vibrant nightlife and dining scene of Girard Ave, just a short 2-minute stroll away and less than 1 mile from the Art Museum, Whole Foods, and Fairmount Park. Rent growth is inevitable with over 100+ permits pulled in the area (see photo attached)
Details
- Beds: 8
- Baths: 8
- Price: $1,150,000
- Reference No.: 72691624
- Area: 4,510 sqft
Location
Philadelphia PA 19121
8 bedroom house for saleRelated Properties
Disclaimer
2024-06-07, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-06-07, Viewed 0 times.
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