2045-49 Trenton Ave - Apartments FOR SALE


Philadelphia, PA 19125- Fishtown
$4,150,000 USD
267-205-1369
2045-49 Trenton Ave, Philadelphia, PA for Sale
$4,150,000 USD
Apartments - FOR SALE
1/41
null | 6% Cap Rate

2045-49 Trenton Ave
Philadelphia, PA 19125
Fishtown


HIGHLIGHTS

  • Exceptional units with great layout and unique finishes
  • 7 years left in Tax Abatement
  • 100% leased with Full management in place
  • Turnkey and low maintenance
  • Easy to lease unit in a prime Fishtown location

OVERVIEW

2045-49 Trenton ave is a fully leased, turnkey with Tax abatement 12-unit newer construction and multifamily property located in one of Philadelphia’s most sought-after neighborhood, Fishtown. Situated along the historic cobblestones of Trenton Avenue, the building offers a prime, walkable location surrounded by some of the city’s best restaurants, bars, and cafés. Just steps from Frankford Avenue, It features the perfect blend of spacious 1- and 2-bedroom apartments that blend modern design with industrial character, including exposed brick, beams, and ductwork, oversized windows, and ceilings reaching up to 18 feet making them very easy to rent. There’s truly nothing comparable available in Fishtown, Philadelphia’s hottest investment submarket. The property is a Qualified Opportunity Zone.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

12

PRICE/UNIT

$345,833

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Nylon Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1903

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,947 SF

ZONING

ICMX

APN/PARCEL ID

881068777

ASK ABOUT THIS PROPERTY

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267-205-1369

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267-205-1369

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