$1,199,000

1625-27 Point Breeze Ave

PHILADELPHIA PA, 19145

Description

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.

Details

MLS#PAPH1001448
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
Status10000069142
Year2018
Days On Site15

Features

SQ Feet4,506
Units5
ZoningRM-1
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Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19145
Area19145 (19145)
Listing VS Median (in 19145)
Price:
$1,199,000
low | high
Med:
$259,900
100% of Average
SqFt:
4,506
low | high
Med:
1,110
100% of Average
$ / SqFt:
$266
low | high
Med:
$234
62.005545161509% of Average
On Site:
15
low | high
Med:
1
100% of Average
Sourced by Back At You
Listing Updated: April 19, 2021 2:09:30 AM PDT
Lara Ertwine LogoMLS Number: PAPH1001448
Listing Provided By:
Lara Ertwine  of  Keller Williams Philadelphia
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