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    1625-27 Point Breeze Avenue

    PHILADELPHIA, PA 19145
    • $1,199,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: PAPH1001448
    UPDATED: 40 min ago
    $1,199,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2018
    County:

    School Ratings & Info

    Description

    PRIME INVESTMENT OPPORTUNITY in Point Breeze. Built in 2018 this 5 unit building with strong rental history is conveniently located near public transportation, 76 and I 95 and close to shopping on Point Breeze Ave, West Passyunk and Oregon Ave. All units have front and rear facing windows allowing tons of natural light in. Units 1 and 2 are both 1 bed 1 bath with access to the large back yard and each have an additional 500+ square footage of basement space. Unit 3 is a spacious 2 bed 1 bath. Unit 4 is equally as spacious with 1 bed and 1.5 Baths . Unit 5 is a massive 3 bed, 2 bath taking up the entire 3rd floor. This unit also has two private balconies off of the larger bed rooms and a dedicated home office space. Every unit has high quality finishes including Whirlpool stainless steal appliances and in unit laundry. Current rents are below market value. The median average for the area is $1100.00 for a 1 bed, 1bath and $1600.00 for a 3 bed 2 bath. There are multiple residential and commercial projects planned a stone throw away, only increasing future values. Tenants are responsible for all utilities including a pre set water bill charge that varies per unit. There is a built in Advent security system that the land lord currently pays for.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-10T17:52:39.767.
    www.locomusings.com/homes/115774028
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    1625-27 Point Breeze Avenue PHILADELPHIA, PA 19145

    • Price: $1,199,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: PAPH1001448
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2018
    Built
    Neighborhood:
    19145 (19145)
    County:
    Philadelphia
    Area:
    19145 (19145)
    School District:
    The School District Of Philadelphia
    Property Description
    PRIME INVESTMENT OPPORTUNITY in Point Breeze. Built in 2018 this 5 unit building with strong rental history is conveniently located near public transportation, 76 and I 95 and close to shopping on Point Breeze Ave, West Passyunk and Oregon Ave. All units have front and rear facing windows allowing tons of natural light in. Units 1 and 2 are both 1 bed 1 bath with access to the large back yard and each have an additional 500+ square footage of basement space. Unit 3 is a spacious 2 bed 1 bath. Unit 4 is equally as spacious with 1 bed and 1.5 Baths . Unit 5 is a massive 3 bed, 2 bath taking up the entire 3rd floor. This unit also has two private balconies off of the larger bed rooms and a dedicated home office space. Every unit has high quality finishes including Whirlpool stainless steal appliances and in unit laundry. Current rents are below market value. The median average for the area is $1100.00 for a 1 bed, 1bath and $1600.00 for a 3 bed 2 bath. There are multiple residential and commercial projects planned a stone throw away, only increasing future values. Tenants are responsible for all utilities including a pre set water bill charge that varies per unit. There is a built in Advent security system that the land lord currently pays for.
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 4506.00 Cooling Central A/C Flooring Hardwood Heating Forced Air Heating YN Yes Net Square Feet 4506.00 Security Features Security System

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Insurance Expense 5853.00 Navigable Water YN N Net Operating Income 50746.00 New Construction YN No Number Of Units Total 5 Operating Expense 14745.00 Operating Expense Includes InsuranceManagement FeesWaterTrash Original MLSNumber 304536780859 Other Expense 1176.00 Owner Pays InsuranceManagementTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Possession 31-60 Days Cd61-90 Days Cd90-120 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 7979.00 Tax Assessment Amount 570000.00 Total Actual Rent 73200.00 Vacation Rental YN No Water Source Public Zoning Rm-1

    Listing courtesy of Keller Williams Philadelphia.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-10T17:52:39.767.
     
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