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323 S 51ST Street

PHILADELPHIA, PA 19143
  • $1,290,000
  • STATUS: Active
  • ON SITE: 130 Days
  • ID#: PAPH2240062
$1,290,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Rare opportunity to add 7 beautiful units to your portfolio in a Qualified Opportunity Zone. All units have separately metered utilities including sub-metered water and all feature in-unit laundry. Building has been completely renovated with high end cabinetry, quartz countertops, LED recessed lighting, new modern flooring, new windows, new roof, super high efficient ductless HVAC, sprinkler/central alarm, and features high ceilings with dashes of early 1900s charm. There are 3 units with private entrances. Unit mix: 3 spacious studios, 2 one bedroom, and 2 two bedroom (a bi-level 2bd/1 bath and a basement 2bd/2 bath with nearly 9 foot ceilings. Immediate area is booming with large multifamily construction in every direction! Projected rent roll is $9,000/month. 10 year tax abatement has been submitted.

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©2023 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: 2023-10-02T23:51:58.38.
www.locomusings.com/homes/139877487
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323 S 51ST Street PHILADELPHIA, PA 19143

  • Price: $1,290,000
  • Status: Active
  • On Site: 130 Days
  • ID#: PAPH2240062
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1925
Built
Neighborhood:
19143 (19143)
County:
Philadelphia
Area:
19143 (19143)
School District:
The School District Of Philadelphia
Property Description
Rare opportunity to add 7 beautiful units to your portfolio in a Qualified Opportunity Zone. All units have separately metered utilities including sub-metered water and all feature in-unit laundry. Building has been completely renovated with high end cabinetry, quartz countertops, LED recessed lighting, new modern flooring, new windows, new roof, super high efficient ductless HVAC, sprinkler/central alarm, and features high ceilings with dashes of early 1900s charm. There are 3 units with private entrances. Unit mix: 3 spacious studios, 2 one bedroom, and 2 two bedroom (a bi-level 2bd/1 bath and a basement 2bd/2 bath with nearly 9 foot ceilings. Immediate area is booming with large multifamily construction in every direction! Projected rent roll is $9,000/month. 10 year tax abatement has been submitted.
Exterior Features

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

Interior Features

Building Area Total 0.00 Cooling Ductless/Mini-Split Heating Programmable ThermostatHeat Pump - Electric Backup Heating YN Yes Net Square Feet 4400.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2023 Business Type Apartment Building Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 802368214888 Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 5302.00 Tax Assessment Amount 378800.00 Tax Lot 114 Vacation Rental YN No Water Source Public Year Built Effective 2023 Zoning Rsa3

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©2023 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: 2023-10-02T23:51:58.38.
 
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