PRIME INVESTMENT OPPORTUNITY in Point Breeze. Built in 2018 this 5 unit building with strong rental history is conveniently located near public transportation, 76 and I 95 and close to shopping on Point Breeze Ave, West Passyunk and Oregon Ave. All units have front and rear facing windows allowing tons of natural light in. Units 1 and 2 are both 1 bed 1 bath with access to the large back yard and each have an additional 500+ square footage of basement space. Unit 3 is a spacious 2 bed 1 bath. Unit 4 is equally as spacious with 1 bed and 1.5 Baths . Unit 5 is a massive 3 bed, 2 bath taking up the entire 3rd floor. This unit also has two private balconies off of the larger bed rooms and a dedicated home office space. Every unit has high quality finishes including Whirlpool stainless steal appliances and in unit laundry. Current rents are below market value. The median average for the area is $1100.00 for a 1 bed, 1bath and $1600.00 for a 3 bed 2 bath. There are multiple residential and commercial projects planned a stone throw away, only increasing future values. Tenants are responsible for all utilities including a pre set water bill charge that varies per unit. There is a built in Advent security system that the land lord currently pays for.
MLS# | PAPH1001448 |
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Listing Type | For Sale |
Style | Industrial |
Sub-Type | Resale |
Status | 10000069142 |
Year | 2018 |
Days On Site | 15 |
SQ Feet | 4,506 |
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Units | 5 |
Zoning | RM-1 |
Area Information | |
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State | PA |
County | PHILADELPHIA-PA |
City | PHILADELPHIA |
Zip Code | 19145 |
Area | 19145 (19145) |
Listing VS Median (in 19145) | |
Price: $1,199,000 low | high Med: $259,900 SqFt: 4,506 low | high Med: 1,110 $ / SqFt: $266 low | high Med: $234 On Site: 15 low | high Med: 1 Sourced by Back At You |