5 Year New Construction 4 unit Quadplex, directly across from Fairmount Park! At a 6.5 + Cap Rate! High-quality construction materials were used to help lower maintenance costs while increasing rent rolls! Built using European tilt windows, luxury waterproof scratch-resistant vinyl, hardwood cabinets, Delta fixtures, all new appliances, and much much more. 5 years remaining on the Tax Abatement! An all-electric building to keep expenses to a minimum and pass electrical costs on to the Tenants .Layout and rents: Unit 1 - 3 bedroom 3 bathroom split level 1st floor and basement unit, Approx 1400 SF. Unit 2- Approx 450 SF Studio apartment on 2nd floor with a 150 SF balcony overlooking the park! Unit 3-Approx 600 SF 1bedroom 1bathroom apartment on 2nd floor. Unit 4-Approx 1050 SF 2bedroom 2 bath 3rd floor apartment with a private 800sqf Rooftop Deck overlooking the city skyline and Fairmount Park! Total Rent Roll $7500 ++ a month. GREAT INVESTMENT OPPORTUNITY, and watch this area of Philadelphia continue to grow and increase in value!!!!
