827 Corinthian Ave - Apartments FOR SALE


Philadelphia, PA 19130- Fairmount-Art Museum
$875,000 USD
267-546-1718
827 Corinthian Ave, Philadelphia, PA for Sale
$875,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

827 Corinthian Ave
Philadelphia, PA 19130
Fairmount-Art Museum


HIGHLIGHTS

  • Located in the Fairmount section of Philadelphia
  • The site is in a very desirable area with easy access to Center City, the Art Museum and I-676.
  • Over the past couple of years, Fairmount has experienced a tremendous amount of development.
  • With new apartments and new retailers coming to the bustling commercial corridors of N. Broad St., Spring Garden St., and Fairmount Ave.

OVERVIEW

MPN Realty, Inc. is pleased to present the exclusive sale of 827 Corinthian Ave., a 3-unit apartment building in the heart of Fairmount. The property was built in 2012, featuring new kitchens with stainless steel appliances, granite counters & new cabinets; tile surround baths; new flooring throughout; and all new systems. The unit mix consists of (1) 2-bed/ 2 bath unit and (2) 1 bed/ 1 bath units, all of which have a w/d in unit, outdoor areas, and are self-contained. The property is ideal for investors and owner-occupants and provides a value-add opportunity as there is room to increase the rents. Located in the Fairmount section of Philadelphia, the site is in a very desirable area with easy access to Center City, the Art Museum, I-676, and public transportation via the Broad St line and many bus routes. Over the past couple of years, Fairmount has experienced a tremendous amount of development, with new apartments and new retailers coming to the bustling commercial corridors of N. Broad St., Spring Garden St., and Fairmount Ave.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$299 USD /SF

# OF UNITS

3

PRICE/UNIT

$291,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2012

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

971 SF

ZONING

RM-1

APN/PARCEL ID

151101200

ASK ABOUT THIS PROPERTY

Nadia BilynskyMPN RealtyMore Info
267-546-1718

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Nadia BilynskyMPN RealtyMore Info
267-546-1718

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