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Listed by Shawn Witter • SDG Management, LLC
$1,550,000
Est. payment /mo
2,400 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2685020
Year Built 2022
Annual Tax Amount $4,214
Tax Year 2026
Lot Size 2,400 Sqft
Acres 0.06
Lot Dimensions 20 x 120
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
SDG|RE is pleased to present a six-unit apartment building completed in 2024 in West Philadelphia, about a block from the Baltimore Avenue corridor.
The three-story, 5,040± SF building offers modern, low-maintenance product across a mix of one-, two- and three-bedroom units, featuring quartz and stainless kitchens, in-unit washer/dryers and ductless heating and cooling.
Fully leased with a lean expense load supported by a real estate tax abatement, the property produces approximately $104,700 of net operating income.
Rent roll, financials and additional diligence materials are available to qualified buyers upon request.
The three-story, 5,040± SF building offers modern, low-maintenance product across a mix of one-, two- and three-bedroom units, featuring quartz and stainless kitchens, in-unit washer/dryers and ductless heating and cooling.
Fully leased with a lean expense load supported by a real estate tax abatement, the property produces approximately $104,700 of net operating income.
Rent roll, financials and additional diligence materials are available to qualified buyers upon request.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM-1
Interior
Hot Water Electric
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 881000891
Ownership Fee Simple
Special Listing Condition Standard
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