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Listed by Shawn Witter • SDG Management, LLC
$ 1,550,000
Est. payment | /mo
2,400 Sqft Lot
$ 1,550,000
Est. payment | /mo
2,400 Sqft Lot
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
Nearby Locations
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