$3,000,000

1607, 1611, 1617-1619 Ogden St

PHILADELPHIA PA, 19130

Description

Multi unit building in red Hot Francisville with a $16,000 a month rent roll and surrounded by new construction, mixed use developments and in the "Opportunity Zone". These big and beautiful buildings were built in 2013 and 2015 and runs street to street with lots of potential for parking in the future behind the property. Tax abatement is approved!! FOUR (3) bedroom, (3) bath units that generate a ton of income, $3900 a month, or can be turned into condos and sold as individual units. Built just 4 to 6 years ago this building has a ton of luxury finishes and modern amenities. the kitchens have granite counters and islands, stainless steel appliances and an abundance of cabinets. the units have hardwood floors, recessed lighting, natural light in every room, amazing ceiling heights and more. the bathrooms have designed fixtures, sleek tile patterns and glass shower doors. Luxury Condo quality throughout but currently used as 4 cash cow duplexes. The exterior facades are brick and metal and smartly designed. rare rental property that works! tax abatement, separate utilities, amazing cash flow and located in a booming part of center city. this property can also be purchased as individual duplexes or as a package at $3,000,000. 4 buildings with 8 units total, 1611, 1617,1619 and 1607 Ogden street. Builder feels each unit is 1500 sq' with 12,000 sq' total.... sq' is an estimate.Square footage total includes above grade space and below grade space and is estimated.

Details

MLS#PAPH786762
StyleIndustrial
Sub-TypeResale
StatusActive
Year2014
Days On Site239

Features

Story(s)0
Units8
ZoningCMX2

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19130
Area19130 (19130)
Listing VS Median (in 19130)
Price:
$3,000,000
low | high
Med:
$169,750
100% of Average
On Site:
239
low | high
Med:
142.500000
100% of Average
Listing Updated: 12/09/2019
MLS Number: PAPH786762
Listing Provided By:
Michael R McCann  of  Keller Williams Philly