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Property Description

Located in the Keystone Opportunity Zone! 13 Unit, new construction building in the heart of the Olde Kensington neighborhood of Philadelphia. Just minutes to Fishtown and only 2 blocks from the Berks subway station. This 14,000 sq. ft. building is comprised of 4 floors above grade plus a basement of about an additional 3500 sq. ft. Unit breakdowns are as follows: 6 total one bedroom/ 1 bathroom apartments, 6 total 2 bedroom /2 full bathroom apartments, and a large 3500 sq. ft. corner commercial space with oversized garage parking. One-bedroom apartments range in sq. footage from 506-547 sq. ft. and the two-bedroom apartments range from 644-987 sq. ft. All units have central air and heat, wood flooring, washer and dryer, white quartz countertops, and stainless steel appliances. One bedroom projected rents to be between $1400-1500/ month and two bedrooms projected rents $1800-$2000 per month. Projected gross annual rent of over $240k per year. Fiberglass roof deck to be finished and furnished. The basement is to be finished as an amenity space. Please contact the agent for floor plans, tours, and finish options. The seller is motivated, please contact us with serious inquiries.

Features
0
: Masonry
: Concrete Perimeter
: Elevator
Y
: Electric
: Electric
: Electric
0
N
N
N
MLS Addon
Compass Pennsylvania, LLC
Gordon Stein
Annually
Annually
300453478520
THE SCHOOL DISTRICT OF PHILADELPHIA
0 Acre
14,000 Acre
0
: Excellent
13
0 Acre
No
: Standard
$1,175
2023
ICMX
: Public Sewer
: Public
Apartment Building
Commercial Features
0 Acre

Commercial Sale

1733 2ND STREET, PHILADELPHIA, Pennsylvania 19122

0.06 Acre
$4,500,000
Listing ID #PAPH2293162
Basic Details
Property Type : Commercial Sale
Listing Type : Residential Sale
Listing ID : PAPH2293162
Price : $4,500,000
Year Built : 2023
Lot Size : 0.06 Acre
State : PA
County : PHILADELPHIA
City : PHILADELPHIA
Zipcode : 19122
Status : ACTIVE
Subdivision Name : OLDE KENSINGTON
Property Sub Type : Five Or More Units
Price Per SQFT : $321
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