Description
This prime investment opportunity in point breeze features a stunning, newer construction boutique 5-unit building, completed in 2018, with a proven rental history. offering modern amenities and high-end finishes, this property provides an exceptional opportunity for investors seeking a well-located, income-generating asset in a rapidly developing neighborhood. the building consists of spacious, thoughtfully designed units, each featuring premium finishes. units 1l and 1r, located on the first floor, are both 1-bedroom, 1-bathroom apartments with access to a large, fenced backyard and 500+ square feet of private basement space for additional storage or use. unit 2r is a generously sized 2-bedroom, 1-bathroom apartment, while unit 2l offers a 1-bedroom, 1.5-bathroom layout with ample living space. the standout unit, unit 3, occupies the entire 3rd floor and boasts 3 bedrooms, 2 bathrooms, two private balconies, and a dedicated home office area. each unit features high ceilings, luxury vinyl plank flooring, spacious eat-in kitchens with modern countertops, whirlpool stainless steel appliances, and in-unit laundry.
the property is ideally located for easy commuting, with quick access to the broad street subway line and multiple bus routes. tenants are responsible for all utilities, including a flat water fee. annual property expenses include insurance ($3,887), fire alarm service ($1,764), common electric ($550), and water/fire service ($335). a tax appeal is currently in progress, with the goal of reinstating the tax abatement by year-end. conveniently situated near popular local spots such as target, sprouts, starbucks, two eagles cafe, the fresh works, on point bistro, and american sardine bar, this property also offers easy access to major highways including i-95 and i-76. with spacious units, outdoor space, and the added bonus of private basement storage, this property represents a must-see opportunity for any investor. schedule a showing today to explore this exceptional investment!
Property Type
Multi-FamilySubdivision
Point BreezeCounty
PHILADELPHIAStyle
ContemporaryAD ID
47612848
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Full
Heating & Cooling
- Cooling: Central A/C
- Heating: Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 2018
- Structure: Twin/Semi-Detached
- New Construction: No
- Total Units: 1
- Built: 2018
- Construction Material: Masonry
- Foundation/Basement: Concrete Perimeter
- Architecture: Contemporary
- Pool/Private: No Pool
Exterior Features
- Utilities: Electric Available
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 2,008
- Dimensions: 32.00 x 67.00
- Lot Size (Acres): 0.05
- Architectural Style: Contemporary
- Main Square Feet: 2,008
Property Information
- SQ ft: 4,506
- SQ ft (Living Area): 4,506
- Total Lot SQ ft: 2,008
- Subdivision: POINT BREEZE
- Financing: Assumption,Cash,Conventional
- Appx. Lot Dimensions: 32.00 x 67.00
- Total Acreage: 0.05
- New Construction: No
- Type: Contemporary
-
Listing Information
Listing Information
- Possession: Immediate,0-30 Days CD
- Days Of Market: 1
-
Taxes / Assessments
Tax Information
- Annual Tax: $13,998
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate,0-30 Days CD
Assessment Information
- Taxes Assessment Amount: $1,000,000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: Assumption,Cash,Conventional
Homeowners Association Information
- Direction: Between Tasker and Morris on Point Breeze Ave.
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Electric Available
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: Between Tasker and Morris on Point Breeze Ave.
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BuyOwner last updated this listing 11/21/2024 @ 09:43
- MLS: PAPH2419398
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 4,506 sqft, 2,008 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19145, this PHILADELPHIA County Other , it is in the POINT BREEZE Subdivision, and are nearby neighborhoods.