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Key Details
Sold Price $2,275,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $227
MLS Listing ID PAPH2068292
Sold Date 03/21/22
Style Contemporary
HOA Y/N N
Abv Grd Liv Area 10,000
Originating Board BRIGHT
Year Built 2021
Annual Tax Amount $913
Tax Year 2021
Lot Size 3,168 Sqft
Acres 0.07
Lot Dimensions 36.00 x 88.00
Property Description
Welcome to an AMAZING 7-UNIT investment opportunity in the BOOMING Brewerytown section of Philadelphia! This property is located in a Federal Qualified Opportunity Zone (QOZ) offering significant tax benefits and advantages. This BRAND NEW CONSTRUCTION apartment building has 7 apartment units that all have their own large, private outdoor spaces. The building boasts 10,000 square feet of space including a FITNESS ROOM and bike storage. ALL UNITS come with 10FT CEILINGS, HUGE windows with tons of natural light, and very efficiently designed floor plans maximizing square footage! The bedrooms and living spaces in each unit are MASSIVE, with large closets and walk-in closets in select units. Cameras and alarm systems have already been added to the building which is expected to be completed in August 2021. High end finishes throughout the building include modern and sleek designs, hardwood flooring, stainless steel appliances and washers/dryers in each unit. This location offers convenience and easy access to public transportation and major highways as well as beautiful parks and green space. This is the most desirable part of Brewerytown with a great walkscore and tons of restaurants, bars and stores located close by and within walking distance. Income projections are available upon request and photos are still to come. With so much to offer, this is a must see! There are significant development projects being completed on this block and the surrounding area. CO has not yet been pulled for those interested in utilizing QOZ tax benefits. **Photos are of another property completed by same builder. Property has similar finishes.**
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Fully Finished
Interior
Hot Water Electric
Heating Central, Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 881083826
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Steven Osiecki • RE/MAX Access