1250 N 25th St - Apartments FOR SALE


Philadelphia, PA 19121- Brewerytown
$779,000 USD
267-205-1369
1250 N 25th St, Philadelphia, PA for Sale
$779,000 USD
Apartments - FOR SALE
1/26
null | 6.2% Cap Rate

1250 N 25th St
Philadelphia, PA 19121
Brewerytown


HIGHLIGHTS

  • Turnkey Newer construction with full management in place
  • All 3 units are condos with separate Tax Id (sale includes all 3 units)
  • 100% leased with low maintenance
  • Can be sold with an identical building that is also 3 units (total would be 6 units)
  • Tax Abatement for another 3 years

OVERVIEW

1250 N 25th st is a very well maintained 3 unit Multi-family building with 3 years in Tax abatement, comprised of : Unit A: Rented for $1,700/Month , large bi-level 2bed/2bath: with an open layout living space, en-suite master bed/bath and a very large private bakyard. Unit B: Rented for $1,380/M , 1bed/1bath with open floor plan and a private balcony. Unit C: Pays $1,700/M, 2bed/2bath, bi-level with open floor plan, 2 balconies, an en-suite master and a private large roof-deck. All 3 units are very large and well maintained. This incredible, income-producing property is a newer built, low maintenance, surrounded by other new construction buildings and sits on a great and prime block in Brewerytown area, just one block away from college ave and all the restaurants on Girard ave and fairmount area. This investment is ready to provide years and years of steady revenue with potential for more rent increase and value appreciation. This building is currently set up as 3 separate condos which you can sell some and keep others if you wanted to. Act fast, priced to sell.

FOR SALE DETAILS

PRICE

$779,000 USD

PRICE/SF

$223 USD /SF

# OF UNITS

3

PRICE/UNIT

$259,667

CAP RATE

6.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1250 N 25th st

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

RSA5

APN/PARCEL ID

888290722

ASK ABOUT THIS PROPERTY

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267-205-1369

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267-205-1369

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