Description
Incredible opportunity to own a brand new triplex in booming Passyunk Square. This property is perfectfor an investor or for an owner occupant looking to offset their housing cost with rental income. Cash flow immediately with an abundant pool of high quality tenants and enjoy unlimited appreciation upside as this area continues to develop. This huge property was renovated down to the studs in 2022 and features stylish high end finishes, stainless steel appliances, in unit laundry, private outdoor spaces and large bedrooms with plentiful natural light. Full 10-year tax abatement! The first and second floor units are bi-level, 3 bedroom, 2 bathroom apartments with a current lease in Unit 2 at $2,400 per month and a projected monthly rent of the same for Unit 1. The third floor unit is a luxurious 2 bedroom, 1 bathroom apartment with a massive panoramic roof deck and a monthly projected rent of $2,200. There is a charming patio out back that is private to the second unit. No detail was spared in the charming hardwood floors, tile shower and kitchen backsplashes, glass shower doors, vibrant white cabinets, stainless steel appliances, sleek light fixtures, built-in closet shelving and sturdy black matte fixtures. Fantastically convenient location with quick access to the Broad St subway line to Center City, a quick walk to Passyunk Square's restaurants, coffee shops, shopping, and nightlife, and an easy trip to the Philly sports stadium complex! Easy access to Delaware Ave big box retail and major highways like I-95 and I-76. Some of Philly's best parks are right down the street such as Marconi Plaza and the sprawling FDR park system. Don+GGt miss your chance to own a great income property in Philadelphia! Schedule an appointment now!
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0BEDS
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0.02ACRES
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0BATHS
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01/2 BATHS
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3,000SQFT
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$0$/SQFT
Description
Incredible opportunity to own a brand new triplex in booming Passyunk Square. This property is perfectfor an investor or for an owner occupant looking to offset their housing cost with rental income. Cash flow immediately with an abundant pool of high quality tenants and enjoy unlimited appreciation upside as this area continues to develop. This huge property was renovated down to the studs in 2022 and features stylish high end finishes, stainless steel appliances, in unit laundry, private outdoor spaces and large bedrooms with plentiful natural light. Full 10-year tax abatement! The first and second floor units are bi-level, 3 bedroom, 2 bathroom apartments with a current lease in Unit 2 at $2,400 per month and a projected monthly rent of the same for Unit 1. The third floor unit is a luxurious 2 bedroom, 1 bathroom apartment with a massive panoramic roof deck and a monthly projected rent of $2,200. There is a charming patio out back that is private to the second unit. No detail was spared in the charming hardwood floors, tile shower and kitchen backsplashes, glass shower doors, vibrant white cabinets, stainless steel appliances, sleek light fixtures, built-in closet shelving and sturdy black matte fixtures. Fantastically convenient location with quick access to the Broad St subway line to Center City, a quick walk to Passyunk Square's restaurants, coffee shops, shopping, and nightlife, and an easy trip to the Philly sports stadium complex! Easy access to Delaware Ave big box retail and major highways like I-95 and I-76. Some of Philly's best parks are right down the street such as Marconi Plaza and the sprawling FDR park system. Don+GGt miss your chance to own a great income property in Philadelphia! Schedule an appointment now!