319 S 12th St - Apartments FOR SALE


Philadelphia, PA 19107- Midtown Village
$1,750,000 USD
267-934-8345
319 S 12th St, Philadelphia, PA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/17
null | 5.99% Cap Rate

319 S 12th St
Philadelphia, PA 19107
Midtown Village


HIGHLIGHTS

  • Prime Center City Location – Situated just steps from Reading Terminal Market, the Pennsylvania Convention Center, and major historic landmarks
  • Turnkey 8-Unit Multifamily Asset – Featuring a 3,600 SF fully leased building on a 1,748 SF lot, zoned RM1, with strong in-place and pro forma returns
  • Historic, well-maintained building with 6.09% cap rate

OVERVIEW

Discover the vibrant neighborhood surrounding this prime Philadelphia location. Just steps away, you'll find the iconic Reading Terminal Market, offering a diverse array of local food vendors and artisans. Nearby, the Pennsylvania Convention Center hosts top-tier events and conferences, making the area a bustling hub of activity. Enjoy close proximity to historic landmarks such as Independence Hall and the Liberty Bell, as well as an array of dining and entertainment options. With its blend of rich history and modern amenities, the area offers an enticing opportunity for any office building investor looking to be part of Philadelphia's dynamic landscape.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$440 USD /SF

# OF UNITS

8

PRICE/UNIT

$218,750

CAP RATE

5.99%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 units multi family

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

RM1

APN/PARCEL ID

881513700

ASK ABOUT THIS PROPERTY

Tao YunAcre Real Estate Group LLCMore Info
267-934-8345

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Tao YunAcre Real Estate Group LLCMore Info
267-934-8345

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