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646 N 32ND Street

PHILADELPHIA, PA 19104
  • $4,275,000
  • STATUS: Active
  • ON SITE: 87 Days
  • ID#: PAPH2300518
UPDATED: 47 min ago
$4,275,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2023
County:

School Ratings & Info

Description

Philly Home Advisors proudly presents the Nautilus, an avant-garde 15-unit apartment complex that sets a new standard for urban living in University City. This cutting-edge construction features expansive units, upscale finishes, and unparalleled views. In response to evolving market trends, the Nautilus stays ahead of the curve by offering 11 highly sought-after, spacious 2-bedroom, 2-bath apartments+GGthe current pinnacle of desirability+GGalongside 4 expansive 3-bedroom, 3-bathroom residences. Step into each unit and experience the welcoming embrace of open floor plans. These generously proportioned interiors boast top-tier finishes, from designer fixtures to state-of-the-art appliances. The open-concept layout maximizes natural light, cultivating a warm and inviting ambiance. Modern kitchens, equipped with premium appliances, complement chic bathrooms, and ample storage space, establishing a new benchmark for residents in the area. The roof deck, with its panoramic city skyline backdrop, serves as an idyllic setting for socializing, entertaining, or simply unwinding. Conveniently positioned within walking distance of prestigious institutions such as the University of Pennsylvania and Drexel University, as well as iconic landmarks like the Art Museum and 30th Street Station, the Nautilus offers easy access to local highways. Boasting a 10-year tax abatement and situated in an opportunity zone, this 15-unit gem facilitates a seamless tenant acquisition process. To sweeten the deal, the seller includes 1 year of free property management with the sale, making the Nautilus an irresistible investment opportunity.

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©2024 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: 2024-02-25T12:52:08.797.
www.locomusings.com/homes/145578738
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646 N 32ND Street PHILADELPHIA, PA 19104

  • Price: $4,275,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 47 min ago
  • ID#: PAPH2300518
0
Beds
0
Baths
0
½ Baths
0.1
Acres
2023
Built
Neighborhood:
University City
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property Description
Philly Home Advisors proudly presents the Nautilus, an avant-garde 15-unit apartment complex that sets a new standard for urban living in University City. This cutting-edge construction features expansive units, upscale finishes, and unparalleled views. In response to evolving market trends, the Nautilus stays ahead of the curve by offering 11 highly sought-after, spacious 2-bedroom, 2-bath apartments+GGthe current pinnacle of desirability+GGalongside 4 expansive 3-bedroom, 3-bathroom residences. Step into each unit and experience the welcoming embrace of open floor plans. These generously proportioned interiors boast top-tier finishes, from designer fixtures to state-of-the-art appliances. The open-concept layout maximizes natural light, cultivating a warm and inviting ambiance. Modern kitchens, equipped with premium appliances, complement chic bathrooms, and ample storage space, establishing a new benchmark for residents in the area. The roof deck, with its panoramic city skyline backdrop, serves as an idyllic setting for socializing, entertaining, or simply unwinding. Conveniently positioned within walking distance of prestigious institutions such as the University of Pennsylvania and Drexel University, as well as iconic landmarks like the Art Museum and 30th Street Station, the Nautilus offers easy access to local highways. Boasting a 10-year tax abatement and situated in an opportunity zone, this 15-unit gem facilitates a seamless tenant acquisition process. To sweeten the deal, the seller includes 1 year of free property management with the sale, making the Nautilus an irresistible investment opportunity.
Exterior Features

Construction Materials Masonry Garage YN No Location Type Corner Lot/Unit Parking Types On Street Property Condition Excellent Riparian Rights YN No Roof Rubber View PanoramicCity Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 12000.00

Property Features

Accessibility Features None Annual Gross Expense 81753.00 Assessment Year 2023 Business Type Apartment Building Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Electric Expense 3500.00 Entry Level 1 Gross Income 375108.00 Heating Fuel Electric Hot Water Electric Insurance Expense 13500.00 Lease Considered YN No Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 293355.00 New Construction YN Yes Number Of Units Total 15 Operating Expense Includes ElectricInsuranceManagement FeesHeating/CoolingRepair/MaintenanceSewerSnow RemovalTrashWaterOtherPest ControlLandscaping Original MLSNumber 802751357356 Owner Pays Common Area MaintenanceHeater Maintenance ContractInsuranceManagementMiscellaneousPest ControlRepairsSewer MaintenanceSnow RemovalTaxes - Real EstateOther Ownership Interest Fee Simple Possession 0-30 Days CD Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 2389.00 Tax Assessment Amount 170700.00 Tax Lot 84 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of BHHS Fox & Roach-Center City Walnut: .


©2024 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: 2024-02-25T12:52:08.797.
 
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