$173.00 Per Sq Foot $6,603 est/mo Sourced by Back At You

2517 Hope Street,Philadelphia, PA 19133

Philadelphia PA, 19133

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Description

Hope Street Quarters: Newly constructed boutique 5-unit apartment building for sale in East Kensington with a highly attractive 6.36% cap rate. This prime Philadelphia multifamily real estate offering is available nowindividually or with multiple similar properties nearby for critical mass investors. Offered below replacement costs (the combined price of land acquisition + construction). Dramatic curb appeal, multiple entrances for each apartment (inside and outside) plus a sweeping 880 SF rooftop terrace for common outdoor entertaining and panoramic Philly skyline views. UNITS: Each of the 2bd x 2ba apartments is contained on its own floor (from lower level through the 4th storey) with ±1425 SF of spacious, open concept floorplans. LOCATION: Walkable to Fishtown, Philly's most popular area + Huntingdon Station on Septa's Market-Frankford El train which takes riders into Center City and University City in just over 20 minutes. FULL 10 yr tax abatement, minimal expenditures, high rent growth/appreciation forecast for years to come.

Details

MLS#PAPH2301552
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2022
Days On Site173
Listing Provided ByCompass Pennsylvania, LLC | Ryan J McManus

Features

SQ Feet7,110
ZoningRSA5
Acreage0.05

Market Activity 19133

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19133
Area19133
School DistrictThe School District Of Philadelp
Listing VS Median (in 19133)
Price:
$1,230,000
low | high
Med:
$109,700
100% of Average
SqFt:
7,110
low | high
Med:
520
100% of Average
$ / SqFt:
$173
low | high
Med:
$211
28.053939962477% of Average
On Site:
173
low | high
Med:
103.000000
100% of Average
Sourced by Back At You
Listing Updated: April 25, 2024 at 11:11:26 AM PDT