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(717) 658-0177
Real Estate Company
1501 N Bailey St, Philadelphia, PA 19121
- $975,000
- 5,000
- SqFt
- List Price
- $975,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- PAPH2690548
- Living Area
- 5,000
- Lot Size (Acres)
- 0.04
- Style
- Contemporary
- Year Built
- 2019
- County
- Philadelphia
- School District
- The School District Of Philadelphia
Property Description
Located just off Athletic Square Park and Brewerytown Garden, this cash-flowing quadplex presents a 7.5% pro forma cap rate with four (4) high-design apartments in the coveted Brewerytown submarket of Philadelphia, Pennsylvania — a Top-10 USA MSA. Complete with private patios and skyline roofdecks for outdoor enjoyment in a bucolic urban setting — walkable to prime amenities — this 4-storey multifamily property carries a full 10-yr tax abatement through 2029 with minimal OPEX and rental upside. Nine (9) total bedrooms (three 2bd x 2.5ba units, one 3bd x 2.5ba unit) throughout the ±5,000 SF apartment building. Easy access to Girard Avenue's bevy of shops, bars, restaurants, cafes, breweries and bruncheries — as well as Fairmount Park, the largest urban park in America. Easily accessible to Philly's iconic Boathouse Row, Schuylkill River Trail and Museums District. Convenient to Center City and University City and all major roadways throughout the Philadelphia MSA. Purchase this prime real estate investment in a fast-growing submarket experiencing above-average rent growth and start building your portfolio today.
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Additional Information
- Area
- 19121 (19121)
- Subdivision
- Brewerytown
- Interior Features
- Dining Combo, Open Floor Plan, Kitchen Island, Recessed Lighting, Sprinkler System, Wood Floors
- School District
- The School District Of Philadelphia
- Fireplaces
- 4
- Flooring
- Simulated Wood
- View
- City
- Heating
- Forced Air
- Cooling
- Central Air
- Roof
- Fiberglass
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Full
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Listing courtesy of Keller Williams Liberty Place. Contact: