Located just off Athletic Square Park and Brewerytown Garden, this cash-flowing quadplex presents a 7.5% pro forma cap rate with four (4) high-design apartments in the coveted Brewerytown submarket of Philadelphia, Pennsylvania — a Top-10 USA MSA. Complete with private patios and skyline roofdecks for outdoor enjoyment in a bucolic urban setting — walkable to prime amenities — this 4-storey multifamily property carries a full 10-yr tax abatement through 2029 with minimal OPEX and rental upside. Nine (9) total bedrooms (three 2bd x 2.5ba units, one 3bd x 2.5ba unit) throughout the ±5,000 SF apartment building. Easy access to Girard Avenue's bevy of shops, bars, restaurants, cafes, breweries and bruncheries — as well as Fairmount Park, the largest urban park in America. Easily accessible to Philly's iconic Boathouse Row, Schuylkill River Trail and Museums District. Convenient to Center City and University City and all major roadways throughout the Philadelphia MSA. Purchase this prime real estate investment in a fast-growing submarket experiencing above-average rent growth and start building your portfolio today.
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Listing Snapshot
Price
$975,000
Days On Site
0 Days
Bedrooms
9
Inside Area (SqFt)
5,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
2019
MLS Number
PAPH2690548
Status
Active
Property Tax
$3,130
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
11 hours ago
Listing first seen on site
11 hours ago
Listing updated with changes from the MLS
General Features
Acres
0.04
Cross Street
JEFFERSON
Foundation
Permanent
Parking
On Street
Property Condition
New Construction
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
5000
SqFt Total
5000
Style
Contemporary
Water Source
Public
Zoning
RM1
Interior Features
Appliances
OvenElectric Water HeaterWasherDishwasherDisposalDryerRefrigeratorStainless Steel Appliance(s)ENERGY STAR Qualified Appliances