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Listed by Julie A Russell • Coldwell Banker Realty
$ 2,250,000
Est. payment | /mo
7,700 SqFt
$ 2,250,000
Est. payment | /mo
7,700 SqFt
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,700 sqft
Price per Sqft $292
MLS Listing ID PAPH2311032
Originating Board BRIGHT
Year Built 2022
Annual Tax Amount $2,239
Tax Year 2024
Lot Size 2,000 Sqft
Acres 0.05
Lot Dimensions 40\"W x 46-56'D
Property Sub-Type Five Or More Units
Property Description
Amazing opportunity to own a SIX unit brick apartment building with massive roof deck in a prime Fishtown location! This stylish new construction building was completed in spring of 2022 and is just a half a block from bustling Frankford Ave and the El (subway), the location can't be beat. Annual rent roll for 2024 was $177,000. Incredibly low taxes $2,239/yr! Full tax abatement until April 2032. Two (2) ground floor units are bi-level and include 2 bedrooms, 2 full bathrooms, and large private yards. Two (2) second floor units include 1 bedroom, 1 bathroom, and shared balconies. Two (2) third floor units are bi-level and include 2 bedrooms with shared balconies, 2 en-suite bathrooms, 1 half bathroom and private balconies on the main living level. In addition to the private yards and balconies offered with each unit, all units share a large 1500+ sqft common roof deck with panoramic views of the city skyline. Black sound transmission class Pella windows with built-in blinds between the glass, spray foam insulation throughout, PEX plumbing manifold, fiberglass roof, security surveillance system, custom steel security gate and bike room gate, recessed LED lighting, matte black hardware and fixtures… Large kitchens include gas cooking, stainless appliances, quartz counters, and tiled backsplash. Water and scratch resistant luxury vinyl wood flooring throughout, the perfect long lasting flooring choice for durability with tenants and pets. Tile flooring in lower level. All units include washer/dryers, double sink vanities, great closet space, and stylish finishes throughout. Each unit having outdoor space is a rare find in apartment buildings and added bonus! Large irregular lot, approximately 40' wide and 56' deep, allows for spacious units and outdoor living spaces. Steps away from public transportation, restaurants, coffee shops, gyms, galleries, parks, vibrant nightlife, and everything else that Fishtown offers! Fully occupied, must give tenants 24hrs+ for any showings. Builder and listing agent present for all showings.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning RM1
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
View City, Panoramic
Roof Type Fiberglass
Accessibility None
Garage N
Building
Lot Description Irregular
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 182009300
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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