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Key Details
Sold Price $2,390,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 13,000 sqft
Price per Sqft $183
MLS Listing ID PAPH2002935
Sold Date 02/01/22
Originating Board BRIGHT
Year Built 2021
Annual Tax Amount $1,184
Tax Year 2021
Lot Size 2,801 Sqft
Acres 0.06
Lot Dimensions 19.00 x 147.42
Property Description
It is my privileged and honor to present ''The Haverford Lane'' is in one desirable neighborhood in University City Philadelphia. It is an amazing opportunity to own Extremely Large, Oversize, Fully Loaded , High -End Finish 7 unit investment property that was built by Philadelphias one the premier builder, KUMAS HOMES. All gorgeous units are ready to ''TURN IN KEY and waiting their new lucky owners. These units are part of two building A and B which was designed by prominent architecture with 7 contemporary and species units. Building A offers 2 - Bilevel amazing 3 B & 3 BATH units. Building B contains 5 Unit. 3 of them 3B & 3 BATH , 1 of them 2B & 2 BATH and 1 of them 3B & 2 BATH. This complex is so unique in terms all the amenities that provides , location where is walking proximity to UPenn and Drexel University as well as strong rental market. Solid Projected Rental Income 15,000/monthly. It would make close 7% cap rate which is above expected market rate. Do not forget !! This neighborhood also one the perfect location for AirBNB. All units ( expect Unit #3) generously offer 3 featured and big size bedrooms, 3 custom topnotch finish bathroom. Perfectly appointed kitchen with shaker custom cabinet is waiting its new chef. With 10 years full tax abatement 1 year builder warranty make your investment stone. The location is Walkable to world class Drexel University,University of Pennsylvania + more. This submarket is exploding with new development fueled by the healthcare, business and education sectors (eds and meds) as a second city rises west of the Schuylkill River due in part to projects like Schuylkill Yards, Science Center, Cira Centre South, the Platinum Corridor + more. Tens of millions of new SF being developed nearby including biomed, office, multifamily, lab, medical, educational, research and retail. What else could be !!! JUST MAKE YOUR MOVE
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Interior
Hot Water Natural Gas
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 061049000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Tom C Kim • Keller Williams Realty - Moorestown