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1436 Poplar Street

PHILADELPHIA, PA 19130
  • $1,450,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: PAPH2356464
$1,450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,767
    SQFT
  • $304
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2016
County:

School Ratings & Info

School District:

Description

Located in booming Francisville neighborhood, this is an excellent opportunity to own a turn-key, fully rented building consisting of 5 (Five not Four) residential units. Newly constructed in 2016, offering low maintenance costs plus the added benefit of 2 years remaining on the Tax Abatement. All 5 units are metered separately for gas and electric. Each tenant pays own utilities. The building was constructed with a modern and contemporary design with hardwood flooring throughout, stainless steel appliances and quartz kitchen countertops. Added Bonus of washer/dryers in each unit. The building features three 2 bedroom & 2 bathroom units, and two 1 bedroom / 1 bathroom units. 1st floor units are bi-level with 2 bedrooms & 2 bathrooms. 2nd floor unit occupies the entire floor and consists of a 2 bedroom & 2 bathrooms. 3rd Floor is comprised of two 1 bedroom & 1 bathroom units with access to their own private balcony. Shared rooftop deck with amazing city views and a rear patio. No monthly condo fees apply as there is 1 owner of the building that manages and maintains the building. This flexibility allows the new owner the option of holding the building as a long-term investment or sell the individual units as condominiums. Located in close proximity to the Broad Street Line and the bustling corridor of Fairmount Ave; including Bar Hygge, Osteria, Fairmount Pizza, Rybread, Telas Market, High Point Cafe, Mugshots cafe,Philly Flavors, Fare, Anytime Fitness,Fine Wine & Spirits, Fairmount Hardware & Fairmount Bicycles. Just moments to the Art Museum, Center City, pharmacies, the post office and grocery stores, nightlife, and entertainment.

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www.chesapeakebayproperties.com/homes/150691710
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1436 Poplar Street PHILADELPHIA, PA 19130

  • Price: $1,450,000
  • Status: Active
  • On Site: 36 Days
  • MLS #: PAPH2356464
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,767
SQFT
$304
$/SQFT
2016
Built
Neighborhood:
Fairmount
County:
Philadelphia
Area:
19130 (19130)
School District:
Philadelphia City
Property Description
Located in booming Francisville neighborhood, this is an excellent opportunity to own a turn-key, fully rented building consisting of 5 (Five not Four) residential units. Newly constructed in 2016, offering low maintenance costs plus the added benefit of 2 years remaining on the Tax Abatement. All 5 units are metered separately for gas and electric. Each tenant pays own utilities. The building was constructed with a modern and contemporary design with hardwood flooring throughout, stainless steel appliances and quartz kitchen countertops. Added Bonus of washer/dryers in each unit. The building features three 2 bedroom & 2 bathroom units, and two 1 bedroom / 1 bathroom units. 1st floor units are bi-level with 2 bedrooms & 2 bathrooms. 2nd floor unit occupies the entire floor and consists of a 2 bedroom & 2 bathrooms. 3rd Floor is comprised of two 1 bedroom & 1 bathroom units with access to their own private balcony. Shared rooftop deck with amazing city views and a rear patio. No monthly condo fees apply as there is 1 owner of the building that manages and maintains the building. This flexibility allows the new owner the option of holding the building as a long-term investment or sell the individual units as condominiums. Located in close proximity to the Broad Street Line and the bustling corridor of Fairmount Ave; including Bar Hygge, Osteria, Fairmount Pizza, Rybread, Telas Market, High Point Cafe, Mugshots cafe,Philly Flavors, Fare, Anytime Fitness,Fine Wine & Spirits, Fairmount Hardware & Fairmount Bicycles. Just moments to the Art Museum, Center City, pharmacies, the post office and grocery stores, nightlife, and entertainment.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4767 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions Tenants' personal property. Fireplace YN No Heating Forced Air Heating YN Yes Inclusions WasherDryerRefrigeratorDishwasherRange in all units Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 3

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Central Air YN Yes Cooling Fuel Electric Existing Lease Type Gross Foundation Details Concrete Perimeter Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 87465.00 New Construction YN No Number Of Units Leased 5 Number Of Units Total 4 Original MLSNumber 803081156234 Ownership Interest Fee Simple Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 541.00 Tax Lot 233 Vacation Rental YN No Water Source Public Zoning RM1

 
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