3 Year New Construction 4 unit Quadplex, directly across from Fairmount Park! At a 6.5 Cap Rate! High-quality construction materials were used to help lower maintenance costs while increasing rent rolls! Built using European tilt windows, luxury waterproof scratch-resistant vinyl, hardwood cabinets, Delta fixtures, all new appliances, and much much more. 7 years remaining on the Tax Abatement! An all-electric building to keep expenses to a minimum and pass electrical costs on to the Tenants .Layout and rents: Unit 1 – 3bedroom 3 bathroom split level 1st floor and basement unit, Approx 1400sqf. Projected Rent Roll $2000 per month. Unit 2- Approx 450sqf Studio apartment on 2nd floor with a 150sqf balcony overlooking the park! Rent Roll of $1050 a month. Unit 3-Approx 600sqf 1bedroom 1bathroom apartment on 2nd floor. Rent Roll of $1250-1450 a month. Unit 4-Approx 1050sqf 2bedroom 2 bath 3rd floor apartment with a private 800sqf Rooftop Deck overlooking the city skyline and Fairmount Park! Rent Roll $1950 a month. Total Rent Roll 6250-6450 a month. GREAT INVESTMENT OPPORTUNITY, and watch this area of Philadelphia continue to grow and increase in value!!!!

Listing courtesy of Real of Pennsylvania



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