$900,000 $4,831 est/mo Sourced by Back At You

2646-48 Manton St,Philadelphia, PA 19146

Philadelphia PA, 19146

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Description

Situated in the burgeoning neighborhood that borders Graduate Hospital and Point Breeze, 2646-48 Manton St offers a fantastic investment opportunity. This triplex comprises three fully occupied residential condominium units, consisting of (2) two-bedroom units and (1) three-bedroom unit. Each unit boasts contemporary finishes, in-unit washer and dryers, central air conditioning, and generous ceiling heights. The property presents the option for a new owner to sell off individual condo units if desired. Conveniently located within walking distance of a neighborhood shopping plaza anchored by The Fresh Grocer, as well as a diverse selection of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors, residents have access to a plethora of amenities. Easy commuting is facilitated by the nearby Schuylkill Expressway (Interstate 76), providing swift access to University City and Center City. Furthermore, residents enjoy close proximity to Pennovation Works, the University of Pennsylvania's expansive 23-acre innovation hub. Additionally, the property includes basement storage units in 2648 (available for tenants in units #2 and #3) and a 650± SF roof deck for Unit #3. With a current monthly rental income of $6,190 and a 6.5% pro forma cap rate, this property represents an enticing investment opportunity in the heart of Grays Ferry.

Details

MLS#PAPH2331542
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year2020
Days On Site129
Listing Provided ByTCS Management, LLC | Christopher D Schepis
Buying Commision2% Of Gross

Features

SQ Feet3,086
BasementY
ZoningRM1
Acreage0.02

Market Activity 19146

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19146
Area19146
Community NameGrays Ferry
School DistrictThe School District Of Philadelp
Listing VS Median (in Grays Ferry)
Price:
$900,000
low | high
Med:
$149,495
100% of Average
SqFt:
3,086
low | high
Med:
1,035
100% of Average
$ / SqFt:
$292
low | high
Med:
$145
100% of Average
On Site:
129
low | high
Med:
22.500000
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2024 at 9:33:31 PM PDT