Skip To Content

2352 W Thompson Street

PHILADELPHIA, PA 19121
  • $789,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: PAPH2352402
Price Reduced
$789,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,419
    SQFT
  • $231
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2024
County:

School Ratings & Info

School District:

Description

Fantastic CORNER BRAND NEW CONSTRUCTION Mixed-Use Triplex, with 2 Residential Units and 1 Commercial Unit, For Sale in the rapidly expanding Brewerytown neighborhood of Philadelphia! The property has an APPROVED PHILADELPHIA 10 YEAR TAX ABATEMENT. The Pro Forma Uploaded To the Listing has projected rents, income, expenses and net operating income. Take advantage of this unique opportunity to realize market rents with strong upside growth potential and minimal operating expenses. The top Unit, #3, features 4 Bedrooms, 2 Full Bathrooms, a HUGE PRIVATE ROOF DECK with Incredible Views of Center City and All Directions, a Washer/Dryer and is an estimated 1,344 square feet! The second floor features a stylish Large Modern Open Kitchen with Granite Countertops, an Island, Brand New Stainless Steel Appliances and an Expansive Living Room area for relaxing and entertaining. THIS UNIT IS RENTED FOR 2 YEARS: Year 1-$2,300 Monthly, Year 2-$2,369 (3% increase). The Year 3 Projected Average Rent is $2,440 Monthly. The bedrooms are located on the third floor. Unit #2 has 3 Bedrooms, 2 Full Bathrooms, a PRIVATE REAR FENCED IN YARD, a Washer/Dryer and is an estimated 1,354 square feet. There is an elegant first floor Modern Open Kitchen with Granite Countertops, an Island, Brand New Stainless Steel Appliances and a living room. Two of the bedrooms are on the second floor, one of which even features a JULIET BALCONY. It streams tons of natural light along with the Big Windows. There is a bedroom in the finished basement, and a bonus room for an office or gym. THIS UNIT IS LISTED FOR RENT at $2,100 Monthly. All of the Building Systems are New, and the cooling and heating are electric. The two residential units offer durable luxury vinyl plank flooring and large floor plans. The Commercial Unit is perfectly situated on the Ground Floor, featuring Two Entrances, an open floor plan and an ADA accessible ramp. Plus, there is a Finished Basement with a Large Half Bathroom and a modern mini split system for cooling and heating. This unit is an estimated 721 square feet. THIS UNIT IS LISTED FOR RENT at $1,500 Monthly. This building will be a great appreciating asset. Tenants will enjoy the close walkable proximity to Brewerytowns growing Girard Avenue commercial corridor, and being nearby to Center City, the Art Museum area, the Ben Franklin Parkway and Fairmount. STREET PARKING IS AVAILABLE! Major highways and SEPTA public transit are close: on Girard Ave there are trolleys that run to and from both Center City and West Philadelphia, and there are buses nearby. Seller will provide secured financing for buyer to pay for the Property under mutually acceptable terms. Take advantage of this special opportunity before it is too late!

Monthly Payment Calculator

www.chesapeakebayproperties.com/homes/150374597
Print Image

2352 W Thompson Street PHILADELPHIA, PA 19121

  • Price: $789,000
  • Status: Active
  • On Site: 45 Days
  • MLS #: PAPH2352402
0
Beds
0
Baths
0
½ Baths
0.03
Acres
3,419
SQFT
$231
$/SQFT
2024
Built
Neighborhood:
Brewerytown
County:
Philadelphia
Area:
19121 (19121)
School District:
Philadelphia City
Property Description
Fantastic CORNER BRAND NEW CONSTRUCTION Mixed-Use Triplex, with 2 Residential Units and 1 Commercial Unit, For Sale in the rapidly expanding Brewerytown neighborhood of Philadelphia! The property has an APPROVED PHILADELPHIA 10 YEAR TAX ABATEMENT. The Pro Forma Uploaded To the Listing has projected rents, income, expenses and net operating income. Take advantage of this unique opportunity to realize market rents with strong upside growth potential and minimal operating expenses. The top Unit, #3, features 4 Bedrooms, 2 Full Bathrooms, a HUGE PRIVATE ROOF DECK with Incredible Views of Center City and All Directions, a Washer/Dryer and is an estimated 1,344 square feet! The second floor features a stylish Large Modern Open Kitchen with Granite Countertops, an Island, Brand New Stainless Steel Appliances and an Expansive Living Room area for relaxing and entertaining. THIS UNIT IS RENTED FOR 2 YEARS: Year 1-$2,300 Monthly, Year 2-$2,369 (3% increase). The Year 3 Projected Average Rent is $2,440 Monthly. The bedrooms are located on the third floor. Unit #2 has 3 Bedrooms, 2 Full Bathrooms, a PRIVATE REAR FENCED IN YARD, a Washer/Dryer and is an estimated 1,354 square feet. There is an elegant first floor Modern Open Kitchen with Granite Countertops, an Island, Brand New Stainless Steel Appliances and a living room. Two of the bedrooms are on the second floor, one of which even features a JULIET BALCONY. It streams tons of natural light along with the Big Windows. There is a bedroom in the finished basement, and a bonus room for an office or gym. THIS UNIT IS LISTED FOR RENT at $2,100 Monthly. All of the Building Systems are New, and the cooling and heating are electric. The two residential units offer durable luxury vinyl plank flooring and large floor plans. The Commercial Unit is perfectly situated on the Ground Floor, featuring Two Entrances, an open floor plan and an ADA accessible ramp. Plus, there is a Finished Basement with a Large Half Bathroom and a modern mini split system for cooling and heating. This unit is an estimated 721 square feet. THIS UNIT IS LISTED FOR RENT at $1,500 Monthly. This building will be a great appreciating asset. Tenants will enjoy the close walkable proximity to Brewerytowns growing Girard Avenue commercial corridor, and being nearby to Center City, the Art Museum area, the Ben Franklin Parkway and Fairmount. STREET PARKING IS AVAILABLE! Major highways and SEPTA public transit are close: on Girard Ave there are trolleys that run to and from both Center City and West Philadelphia, and there are buses nearby. Seller will provide secured financing for buyer to pay for the Property under mutually acceptable terms. Take advantage of this special opportunity before it is too late!
Exterior Features

Architectural Style Contemporary Construction Materials Vinyl SidingFrameCPVC/PVCCopper PlumbingCast Iron PlumbingMixed PlumbingMasonry Exterior Features SidewalksStreet Lights Garage YN No Location Type Urban Parking Features Public Parking Types On Street Pool No Pool Property Condition Excellent View City Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2345 Above Grade Unfinished Area 0 Appliances Built-In MicrowaveBuilt-In RangeCooktopDishwasherDryerOven/Range - ElectricRefrigeratorStainless Steel AppliancesWasherWasher/Dryer Stacked Basement FullFully FinishedConnecting StairwayHeatedInterior AccessWindows Basement YN Yes Below Grade Finished Area 1074 Below Grade Unfinished Area 0 Cooling Central A/CProgrammable Thermostat Fireplace YN No Flooring Luxury Vinyl Plank Heating Heat Pump - Electric BackUpProgrammable Thermostat Heating YN Yes Interior Features Built-InsFloor Plan - OpenKitchen - IslandRecessed LightingSprinkler SystemUpgraded Countertops Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 0 Units Furnished None

Property Features

Acceptable Financing CashConventionalSeller Financing Accessibility Features Ramp - Main Level Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Cross Street S 24th St Elevators 0 Foundation Details Permanent Heating Fuel Electric Hot Water Electric Insurance Expense 2900.00 Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 54360.00 New Construction YN Yes Number Of Units Leased 1 Number Of Units Total 3 Number Of Units Vacant 3 Operating Expense 16200.00 Operating Expense Includes InsuranceSnow RemovalTrash Original MLSNumber 803053577774 Ownership Interest Fee Simple Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 160.00 Total Actual Rent 72000.00 Utilities Electric AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning CMX-2 Zoning Description Neighborhood Commercial Mixed-Use-2

 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_3_803053577774-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_3_803053577774-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_3_803053577774-2.jpg
Logo
Chesapeake Bay Properties | Benson & Mangold Real Estate
31 Goldsborough Street
Easton MD, 21601