Description for
2517 Hope StPhiladelphia, PA 19133
Hope Street Quarters: Newly constructed boutique 5-unit apartment building for sale in East Kensington with a highly attractive 6.36% cap rate. This prime Philadelphia multifamily real estate offering is available now"individually or with multiple similar properties nearby for critical mass investors. Offered below replacement costs (the combined price of land acquisition + construction). Dramatic curb appeal, multiple entrances for each apartment (inside and outside) plus a sweeping 880 SF rooftop terrace for common outdoor entertaining and panoramic Philly skyline views. UNITS: Each of the 2bd x 2ba apartments is contained on its own floor (from lower level through the 4th storey) with 1425 SF of spacious, open concept floorplans. LOCATION: Walkable to Fishtown, Philly's most popular area + Huntingdon Station on Septa's Market-Frankford El train which takes riders into Center City and University City in just over 20 minutes. FULL 10 yr tax abatement, minimal expenditures, high rent growth/appreciation forecast for years to come.
Price
$1,230,000
PHILADELPHIA
7,110 (approx)
PAPH2301552
Active
Description
Hope Street Quarters: Newly constructed boutique 5-unit apartment building for sale in East Kensington with a highly attractive 6.36% cap rate. This prime Philadelphia multifamily real estate offering is available now"individually or with multiple similar properties nearby for critical mass investors. Offered below replacement costs (the combined price of land acquisition + construction). Dramatic curb appeal, multiple entrances for each apartment (inside and outside) plus a sweeping 880 SF rooftop terrace for common outdoor entertaining and panoramic Philly skyline views. UNITS: Each of the 2bd x 2ba apartments is contained on its own floor (from lower level through the 4th storey) with 1425 SF of spacious, open concept floorplans. LOCATION: Walkable to Fishtown, Philly's most popular area + Huntingdon Station on Septa's Market-Frankford El train which takes riders into Center City and University City in just over 20 minutes. FULL 10 yr tax abatement, minimal expenditures, high rent growth/appreciation forecast for years to come.
Listing Information
Property Type: Business Opportunities, Other
0.05 Acres
7,110 (approx)
2022
Brick
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Electric Water Heater
Central Air
Gas Heat,Central
Exterior / Lot Features
On Street
Brick
Driving Directions
Use GPS
Financial Considerations
NO TAX RECORD
Listing Price History
Philadelphia Real Estate
Philadelphia is located in Pennsylvania.
Philadelphia, Pennsylvania 19133 has a population of 1,615,184.
The median household income in Philadelphia, Pennsylvania 19133 is
$21,975.
The median household income for the surrounding county is $50,724
compared to the national median of $66,222.
The median age of people living in Philadelphia 19133 is 37 years.
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Courtesy: Compass RE
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/7/2024 5:04 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
