Property
Beds
7
Full Baths
5
1/2 Baths
None
Year Built
2017
Sq.Footage
4,096
This offering consists of 4 units located in the highly sought-after Graduate Hospital neighborhood. This is a rare opportunity to acquire turnkey, newly constructed rental units in 19146, north of Washington Avenue. Each unit was carefully designed with a high-end resident in mind, featuring top-of-the-line finishes, premium flooring, upgraded appliance packages, and imported doors and windows. The building also features energy-efficient doors, windows, and exterior construction. The property is fully rented, generating $7,873 per month in rental income, totaling $94,476 in annual gross rental income. The unit mix consists of Unit A (3 bed/2 bath) rented at $2,678 through 7/31/2027, Unit B (1 bed/1 bath) rented at $1,675 through 7/3/2027, Unit C (1 bed/1 bath) rented at $1,645 through 7/30/2027, and Unit D (2 bed/2 bath) rented at $1,875 through 5/30/2027. The building will be sold with the remainder of its 10-year tax abatement. Conveniently located just off Grays Ferry Avenue, the property is within walking distance of Rittenhouse Square, University City, and Schuylkill Banks, with easy access to public transportation and I-76. Do not miss this rarely offered investment opportunity in one of Philadelphia's most desirable neighborhoods. Offering Memorandum available upon request.
Features & Amenities
Interior
-
Total Bedrooms
7
-
Bathrooms
5
-
Above Grade Finished Area
4096.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air, Central, Heat Pump
-
Main Level Bedrooms
1
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1,510
-
Property Type
Residential
-
Architectural Style
Other
Price
-
Sales Price
$1,250,000
-
Tax Amount
$4,340
-
Sq. Footage
4,096
-
Price/SqFt
$305
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
215
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Maria A. Pacitti, JBMP Group
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Salesperson, Realtor
Rachel Gardner
Call Rachel today to schedule a private showing.
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