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The Burlington House Apartments 1321-1323 Spruce St 50 Unité Immeuble d’appartements À vendre Philadelphia, PA 19107



Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Located in Midtown Village with a 99 Walk Score
- Diverse unit mix ideal for Center City renters
- Value-add potential through luxury renovations
- Up to $1,700 rent upside per renovated unit
- Steps from CBD, universities, and cultural landmarks
- Legacy asset from long-term ownership
RÉSUMÉ DE L'ANNONCE
Located in the heart of Midtown Village, The Burlington House offers investors a rare chance to acquire a legacy multifamily asset in one of Philadelphia’s most vibrant and walkable neighborhoods. This 50-unit midrise apartment building, originally constructed in 1925, is poised for a full repositioning that could unlock significant rental upside. With current rents trailing market comparables by up to $1,700 for renovated two-bedroom units, the property presents a compelling value-add opportunity through a luxury renovation program.
The unit mix—comprising 26 one-bedrooms, 12 two-bedrooms, 11 studios, and a single three-bedroom—caters to a broad spectrum of renter demand in Center City. The building’s location offers unmatched connectivity to Philadelphia’s Central Business District, major universities, hospitals, and cultural landmarks including Independence Hall, the Liberty Bell, and the Kimmel Center. Residents benefit from proximity to Trader Joe’s, Whole Foods, Sprouts Farmers Market, and the Fashion District, as well as seamless access to transit and employment hubs.
An investor can reposition The Burlington House into a trophy asset by modernizing kitchens and bathrooms, installing in-unit washers/dryers and air conditioning, and enhancing common areas. The property’s walk score of 99 underscores its appeal to urban renters seeking convenience and lifestyle. With long-term ownership and a strong economic infrastructure surrounding the asset, The Burlington House is a generational opportunity to redefine a classic Philadelphia building.
The unit mix—comprising 26 one-bedrooms, 12 two-bedrooms, 11 studios, and a single three-bedroom—caters to a broad spectrum of renter demand in Center City. The building’s location offers unmatched connectivity to Philadelphia’s Central Business District, major universities, hospitals, and cultural landmarks including Independence Hall, the Liberty Bell, and the Kimmel Center. Residents benefit from proximity to Trader Joe’s, Whole Foods, Sprouts Farmers Market, and the Fashion District, as well as seamless access to transit and employment hubs.
An investor can reposition The Burlington House into a trophy asset by modernizing kitchens and bathrooms, installing in-unit washers/dryers and air conditioning, and enhancing common areas. The property’s walk score of 99 underscores its appeal to urban renters seeking convenience and lifestyle. With long-term ownership and a strong economic infrastructure surrounding the asset, The Burlington House is a generational opportunity to redefine a classic Philadelphia building.
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Taille du lot | 0,12 AC |
| Nombre d’unités | 50 | Taille du bâtiment | 40 144 pi² |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 8 |
| Sous-type de propriété | Appartement | Année de construction | 1925 |
| Style d’appartement | De hauteur moyenne | Rues transversales | Juniper St |
| Classe d’immeuble | C | ||
| Zonage | CMX5 | ||
| Type de vente | Investissement |
| Nombre d’unités | 50 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Taille du lot | 0,12 AC |
| Taille du bâtiment | 40 144 pi² |
| Nombre d’étages | 8 |
| Année de construction | 1925 |
| Rues transversales | Juniper St |
| Zonage | CMX5 |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
- Balcon
- Lave-vaisselle
- Réfrigérateur
- Fourchette
- Tapis
- Intercom
COMMODITÉS DU SITE
- Accès contrôlé
- Installations de lessive
- CVCA contrôlé par le locataire
- Service d'emballage
- Recyclage
- Sans fumée
- Collecte d'ordures - sur rue
- Détecteur de fumée
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Walk Score®
Un paradis pour un marcheur (98)
Transit Score®
Un paradis pour conducteur (100)
Bike Score®
Un paradis pour un cycliste (91)
Impôts fonciers
| Numéro de lot | 881014000 | Évaluation des bâtiments | 6 119 834 $ CAD |
| Évaluation du terrain | 2 622 786 $ CAD | Évaluation totale | 8 742 620 $ CAD |
Impôts fonciers
Numéro de lot
881014000
Évaluation du terrain
2 622 786 $ CAD
Évaluation des bâtiments
6 119 834 $ CAD
Évaluation totale
8 742 620 $ CAD
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The Burlington House Apartments | 1321-1323 Spruce St
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