2327 3rd St - Apartments FOR SALE


Philadelphia, PA 19133
$570,000 USD
267-353-4123
2327 3rd St, Philadelphia, PA for Sale
$570,000 USD
Apartments - FOR SALE
1/27
null | 7.01% Cap Rate

2327 3rd St
Philadelphia, PA 19133


HIGHLIGHTS

  • 8 year tax abatement (100% abated on property assessment for the full 8 years
  • Real estate taxes very low (less then $1,000/annually) due to the abatement
  • In unit washer/dryers, full kitchen appliance package, smart thermostat, security system, surround sound built in speakers
  • Plenty of on-street parking on this block
  • Less then 5 minute drive from Fishtown and Northern Liberties

OVERVIEW

Calling All Investors!! Welcome to 2327 N 3rd St, a beautiful new construction duplex. This turnkey duplex is waiting for you to add to your multi-family portfolio. 100% occupancy (offered at 7% cap rate) as both units are rented and have tenants who have renewed. Two Bi-Level Units located in one of the hottest growing areas of Philadelphia! Call for details/financials and to schedule a tour. Unit 1 is a spacious bilevel 2 bed 1.5 bath with private backyard space (rented at $1,700). Unit 2 features 2 bed 1.5 bath bilevel unit with private roof deck (rented at $1,900). Both units include in-unit washer/dryers, open concept living/kitchen, stainless steel appliances and quartz countertops in both units. Comes with 8 year full tax abatement. This duplex can be sold individually or as a package with other new construction duplexes in the area. Contact us for more details and financials. If you are not familiar with this direct pocket of the City, please reach out as there is hyper development going on within this area.

FOR SALE DETAILS

PRICE

$570,000 USD

PRICE/SF

$211 USD /SF

# OF UNITS

2

PRICE/UNIT

$285,000

CAP RATE

7.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

Multi-Family

APN/PARCEL ID

191172800

ASK ABOUT THIS PROPERTY

Bob KiziroglouLong & Foster Real Estate, Inc.More Info
267-353-4123

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Bob KiziroglouLong & Foster Real Estate, Inc.More Info
267-353-4123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.