INTRODUCING: "Hope Quarters" in Kensington a boutique, spacious and stylish 5-unit apartment building in Philadelphia, Pennsylvania. Seize the opportunity to acquire this prime Philly real estate, located in one of the city's hottest districts. Invest in a Top-10 USA MSA with Hope Quarters, now available for sale as a turnkey multifamily investment property. Each of the five (5) 2bd x 2ba units features a massive full floor 1425 SF layout, complete with washer/dryer, private entrance, Carrara quartz counters, stainless steel appliance package, LVP flooring, high ceilings, wall to wall windows, sleek bathrooms, e-home package, modern hardware and cabinetry, and more. 880 SF rooftop terrace provides common enjoyment and sweeping panoramic views showcasing the skyline, river, and bridges. 10 year tax abatement pay taxes on assessed land value rather than the improvements (5-unit apartment building). Minimal expenditures. High-growth rental submarket. Poised for asset appreciation for years to come. Easily accessible to Center City, Fishtown, Northern Liberties and other thriving neighborhoods throughout PHL. Enquire within for financials.
Mls | PAPH2414712 |
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Listing Type | For Sale |
Subtype | New Construction |
Status | Active |
Year | 2022 |
Days On Site | 40 |
Listing Provided By | Keller Williams Liberty Place | Ryan J McManus |
Sq Feet | 7,130 |
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Zoning | RSA5 |
Acreage | 0.05 |
Property View | Yes |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19133 |
Area | 19133 |
Community Name | Kensington |
School District | Philadelphia City |
Listing VS Median (in Kensington) | |
Price: $1,225,000 low | high Med: $85,000 SqFt: 7,130 low | high Med: 1,086 $ / SqFt: $172 low | high Med: $78 On Site: 40 low | high Med: 1395.000000 |