Price to sell! You can increase the cash flow dramatically if you are certified to take housing voucher. Located in booming Francisville neighborhood, this is an excellent opportunity to own a turn-key, fully rented building consisting of 5 (Five not Four) residential units. Newly constructed in 2016, offering low maintenance costs plus the added benefit of 2 years remaining on the Tax Abatement. All 5 units are metered separately for gas and electric. Each tenant pays own utilities. The building was constructed with a modern and contemporary design with hardwood flooring throughout, stainless steel appliances and quartz kitchen countertops. Added Bonus of washer/dryers in each unit. The building features three 2 bedroom & 2 bathroom units, and two 1 bedroom / 1 bathroom units. 1st floor units are bi-level with 2 bedrooms & 2 bathrooms. 2nd floor unit occupies the entire floor and consists of a 2 bedroom & 2 bathrooms. 3rd Floor is comprised of two 1 bedroom & 1 bathroom units with access to their own private balcony. Shared rooftop deck with amazing city views and a rear patio. No monthly condo fees apply as there is 1 owner of the building that manages and maintains the building. This flexibility allows the new owner the option of holding the building as a long-term investment or sell the individual units as condominiums. Located in close proximity to the Broad Street Line and the bustling corridor of Fairmount Ave; including Bar Hygge, Osteria, Fairmount Pizza, Rybread, Telas Market, High Point Cafe, Mugshots cafe,Philly Flavors, Fare, Anytime Fitness,Fine Wine & Spirits, Fairmount Hardware & Fairmount Bicycles. Just moments to the Art Museum, Center City, pharmacies, the post office and grocery stores, nightlife, and entertainment.
Mls | PAPH2356514 |
---|---|
Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 2016 |
Days On Site | 210 |
Listing Provided By | Realty Mark Associates | Bei Ou |
Sq Feet | 5,011 |
---|---|
Zoning | RM1 |
State | PA |
---|---|
County | Philadelphia |
City | Philadelphia |
Zip Code | 19130 |
Area | 19130 |
Community Name | Fairmount |
School District | The School District Of Philadelp |
Listing VS Median (in Fairmount) | |
Price: $1,250,000 low | high Med: $0 On Site: 210 low | high Med: |