Ryan Stawasz
This listing was posted on RealtyWW.
$1,150,000
Home For Sale In Philadelphia, Pennsylvania
Price:
$1,150,000
BR/BA:
8 BR, 8 BA
Location:
2339 N College Ave, Philadelphia, PA
Description:
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)For more details: https://realtyww.info/homes_philadelphia-d523146/for-sale_i71318920
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More About this Listing: Home For Sale In Philadelphia, Pennsylvania
Home For Sale In Philadelphia, Pennsylvania is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 2339 N College Ave in Philadelphia PA. Find other listings like Home For Sale In Philadelphia, Pennsylvania and listings near 2339 N College Ave by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Philadelphia PA.
Home For Sale In Philadelphia, Pennsylvania is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 2339 N College Ave in Philadelphia PA. Find other listings like Home For Sale In Philadelphia, Pennsylvania and listings near 2339 N College Ave by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Philadelphia PA.