$1,050,000
$1,050,000
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3,462 SqFt
SOLD DATE : 04/04/2024
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,462 sqft
Price per Sqft $303
Subdivision Olde Kensington
MLS Listing ID PAPH2281692
Sold Date 04/04/24
Originating Board BRIGHT
Year Built 2023
Annual Tax Amount $1,857
Tax Year 2023
Lot Size 1,562 Sqft
Acres 0.04
Property Description
Introducing 1924 SIXTH Street!!! FULLY LEASED New Construction QUADRUPLEX @ 7% CAP!!! Located in one of the hottest neighborhoods in Philadelphia Olde Kensington. The building has 4 units, perfectly designed by Kore Design Architecture. Great opportunity for INVESTOR | 1031 Exchange. Kensington is booming and the rental market here is strong. UNIT [One] is a 2BD | 1.5 BA Bi-level apartment rented for 1,375 / Month!!! UNIT [Two] is a 2BD | 1.5BA apartment with large rear yard rented of $1,750 / Month!!! UNIT [Three] is a 2BD | 2BA apartment with a massive skyline Roof Deck, rented of 1,850 / Month!!! UNIT [Four] is a 2BD | 2 BA apartment with a massive skyline Roof Deck, rented of 1,650 / Month!!! All 4 Units feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Wide plank floors & recessed lighting. All kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and W/D in all 4 units. In a great location for commuters, it takes just minutes to get to Center City or University City. The building is very close to bars, trendy restaurants, offices, shops and public transit in Old Kensington, Fishtown and Northern Liberties. This Property comes with *** FULL 10-YEAR TAX ABATEMENT*** and 1 yr Builder Warranty. Schedule your private tour today!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction Y
Schools
High Schools Kensington
School District The School District Of Philadelphia
Others
Tax ID 201114800
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Katie T Kyle • Elfant Wissahickon Realtors
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”