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1727-1737 Ingersoll St 12 Unit Apartment Building $3,753,688 CAD ($312,807 CAD/Unit) Philadelphia, PA 19121



Investment Highlights
- Six New Construction Duplexes Built in 2019
- Unit Breakdown: *** Six 3 Bed, 2 Bath Bi-Level Units *** Six 3 Bed, 3 Bath Bi-Level Units
- Seller has Active Rental Licenses for All 12 Units
- With 4 Years Remaining On Tax Abatement
- All Units Generate $280,000/Year
- High-End Finishes & In-Unit Laundry
Executive Summary
Each individual building of the properties qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA. HWA home warranty will be included in the sale of the property. Exceptional turnkey investment opportunity ideally positioned between Francisville and Sharswood area featuring six duplex buildings constructed in 2019, totaling 12 high-end residential units with four years remaining on the tax abatement. This income-producing asset offers strong cash flow and long-term appreciation potential. The unit mix consists of two distinct bi-level layouts: Unit A: 3 bedrooms and 2 bathrooms, with the den counted as the third bedroom. Each Unit A includes a private patio and rents for $1,750 per month. Unit B: 3 bedrooms and 3 bathrooms. Each Unit B offers a courtyard deck and a private roof deck, renting for $2,150 per month. Some of the units showcase grey oak flooring throughout and sleek contemporary finishes, including modern kitchens with quartz countertops and full quartz backsplash, white soft-close cabinetry, stainless steel appliances, stainless steel farm sinks, and large sit-down islands. Bathrooms are beautifully appointed with custom vanities, ultra-modern tile work, and rain shower heads. Additional highlights include recessed lighting throughout and convenient in-unit stackable front-loading laundry. Security and efficiency are top-tier, with ADT alarm systems, motion detection cameras, Ring doorbells, ductless multi-zone HVAC systems, energy-efficient hot water systems, high-efficiency appliances, triple-pane windows, and over-insulated walls and ceilings for maximum cost savings and comfort. Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant creating future value for the investors. The location provides excellent accessibility, just five minutes from the Route 15 trolley at Girard Avenue and Ridge Avenue, with easy connections to Broad Street, Center City, the Art Museum area, Fairmount, and Temple University. Residents also enjoy proximity to neighborhood green spaces such as Francisville Playground, Franklintown Park, and Abraham Lincoln Playground. Tax ID's for Duplexes: 471100410, 471100500, 471100610, 471100700, 471100800 & 471100900 Schedule your showing today!
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 12 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,150,441 CAD | |
| Land Assessment | $787,610 CAD | Total Assessment | $3,938,051 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$787,610 CAD
Improvements Assessment
$3,150,441 CAD
Total Assessment
$3,938,051 CAD
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1727-1737 Ingersoll St
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