$ 1,100,000
-
$1,100,000
Price -
9
Bed -
0
Bath -
5,000
SqFt
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About the Listing KWRLTYLP1 - 3197472,3308887
Located just off Athletic Square Park and Brewerytown Garden, this cash-flowing quadplex presents a 6.63% 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.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
PAPH2565402
Year Built
2019
Total Square Footage
5,000
Lot/Acreage
0.04
Interior Details
- Bedrooms: 9
- Bathrooms: 0 Full
- Appliances: Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Single, Refrigerator, Stainless Steel Appliances, Washer
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces: 4, 4 Fireplaces
- Floor:
- Above Ground Sq Ft: 5000
- Below Ground Sq Ft: 0
- Basement: Full
- Other: Combination Kitchen/Living,Floor Plan - Open,Kitchen - Island,Recessed Lighting,Sprinkler System,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RM1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $3,130
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2020
Payment Calculator
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Questions About..
1501 N Bailey St Philadelphia, PA 19121
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