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1250 N 25th St
Philadelphia, PA 19121
1250 N 25th st · Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- Turnkey Newer construction with full management in place
- 100% leased with low maintenance
- Tax Abatement for another 3 years
- All 3 units are condos with separate Tax Id (sale includes all 3 units)
- Can be sold with an identical building that is also 3 units (total would be 6 units)
EXECUTIVE SUMMARY
1250 N 25th st is a very well maintained 3 unit Multi-family building with 3 years in Tax abatement, comprised of : Unit A: Rented for $1,700/Month , large bi-level 2bed/2bath: with an open layout living space, en-suite master bed/bath and a very large private bakyard. Unit B: Rented for $1,380/M , 1bed/1bath with open floor plan and a private balcony. Unit C: Pays $1,700/M, 2bed/2bath, bi-level with open floor plan, 2 balconies, an en-suite master and a private large roof-deck. All 3 units are very large and well maintained. This incredible, income-producing property is a newer built, low maintenance, surrounded by other new construction buildings and sits on a great and prime block in Brewerytown area, just one block away from college ave and all the restaurants on Girard ave and fairmount area. This investment is ready to provide years and years of steady revenue with potential for more rent increase and value appreciation. This building is currently set up as 3 separate condos which you can sell some and keep others if you wanted to. Act fast, priced to sell.
PROPERTY FACTS
| Price Per Unit | $351,321 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.03 AC |
| Cap Rate | 6.31% | Building Size | 3,500 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2018 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | RSA5 - Residential Mixed Use | ||
| Price Per Unit | $351,321 CAD |
| Sale Type | Investment |
| Cap Rate | 6.31% |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.03 AC |
| Building Size | 3,500 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2018 |
| Opportunity Zone |
Yes |
| Zoning | RSA5 - Residential Mixed Use |
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