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Key Details
Sold Price $1,575,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,700 sqft
Price per Sqft $335
Subdivision Queen Village
MLS Listing ID PAPH2114456
Sold Date 08/05/22
Originating Board BRIGHT
Year Built 2015
Annual Tax Amount $2,930
Tax Year 2020
Lot Dimensions 18x100
Property Description
7 Year Old, Ground Up, New Construction 5 UNIT Building in Queen Village with roughly 5 Years left on the TAX ABATEMENT. 1014 E Moyamensing Ave is a 100% Occupied Building and it is the preforming asset your portfolio needs. The units consist of ONE 1 Bedroom Unit and FOUR 2 Bedroom Units. Each unit has Central Air, hardwood flooring throughout, modern kitchens with stainless steel appliances and granite countertops, as well as modern bathrooms and their own water meter so each tenant pays their own water bill. All units have access to some type of outdoor space, wether it is common area, private back yard, a private deck or a commonly shared ROOF DECK with amazing 360 degree city views. All Gas, Electric and Water meters are separate. Building has already been separated for condos in case you wanted to sell them off separately in the future. Being a relatively new building, maintenance costs will be low and the possibilities are endless. With this location, your future vacancies should remain minimal. Easy access to public transportation and just a hop, skip and a jump away from I-95 and I-676. Units are already condo'd out for future ease of selling off!
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning RM1
Interior
Hot Water Natural Gas, Electric
Heating Forced Air
Cooling Central A/C
Flooring Ceramic Tile, Hardwood, Tile/Brick, Wood
Heat Source Electric, Natural Gas
Exterior
Water Access N
Roof Type Fiberglass
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 021201700
Ownership Condominium
Special Listing Condition Standard
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Bought with Jennifer Rhee • Keller Williams Philadelphia