NOT LISTED FOR SALE
-- Bed
1 Bath
10,000 Sq Ft
3,168 Sq Ft Lot

Last Sold March 21, 2022

Last sale price $2,275,000 $228 Per Sq Ft

Highlights

  • New Construction
  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • 0.07 Acre Lot
  • No HOA
  • 2-minute walk to Athletic Square Park

About This Home

As of March 2022

Welcome to an AMAZING 7-UNIT investment opportunity in the BOOMING Brewerytown section of Philadelphia! This property is located in a Federal Qualified Opportunity Zone (QOZ) offering significant tax benefits and advantages. This BRAND NEW CONSTRUCTION apartment building has 7 apartment units that all have their own large, private outdoor spaces. The building boasts 10,000 square feet of space including a FITNESS ROOM and bike storage. ALL UNITS come with 10FT CEILINGS, HUGE windows with tons of natural light, and very efficiently designed floor plans maximizing square footage! The bedrooms and living spaces in each unit are MASSIVE, with large closets and walk-in closets in select units. Cameras and alarm systems have already been added to the building which is expected to be completed in August 2021. High end finishes throughout the building include modern and sleek designs, hardwood flooring, stainless steel appliances and washers/dryers in each unit. This location offers convenience and easy access to public transportation and major highways as well as beautiful parks and green space. This is the most desirable part of Brewerytown with a great walkscore and tons of restaurants, bars and stores located close by and within walking distance. Income projections are available upon request and photos are still to come. With so much to offer, this is a must see! There are significant development projects being completed on this block and the surrounding area. CO has not yet been pulled for those interested in utilizing QOZ tax benefits. **Photos are of another property completed by same builder. Property has similar finishes.**

Last Agent to Sell the Property

Anna Zonios Mathew

JG Real Estate LLC Listed on: 01/20/2022

JG Real Estate LLC

Last Buyer's Agent

Steven Osiecki

RE/MAX Access License #RM420757

RE/MAX Access

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $913

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3,168 Sq Ft Lot
  • Lot Dimensions are 36.00 x 88.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • 10,000 Sq Ft Home
  • Contemporary Architecture
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 881083826

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$913

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to an AMAZING 7-UNIT investment opportunity in the BOOMING Brewerytown section of Philadelphia! This property is located in a Federal Qualified Opportunity Zone (QOZ) offering significant tax benefits and advantages. This BRAND NEW CONSTRUCTION apartment building has 7 apartment units that all have their own large, private outdoor spaces. The building boasts 10,000 square feet of space including a FITNESS ROOM and bike storage. ALL UNITS come with 10FT CEILINGS, HUGE windows with tons of natural light, and very efficiently designed floor plans maximizing square footage! The bedrooms and living spaces in each unit are MASSIVE, with large closets and walk-in closets in select units. Cameras and alarm systems have already been added to the building which is expected to be completed in August 2021. High end finishes throughout the building include modern and sleek designs, hardwood flooring, stainless steel appliances and washers/dryers in each unit. This location offers convenience and easy access to public transportation and major highways as well as beautiful parks and green space. This is the most desirable part of Brewerytown with a great walkscore and tons of restaurants, bars and stores located close by and within walking distance. Income projections are available upon request and photos are still to come. With so much to offer, this is a must see! There are significant development projects being completed on this block and the surrounding area. CO has not yet been pulled for those interested in utilizing QOZ tax benefits. **Photos are of another property completed by same builder. Property has similar finishes.**
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 10000
  • Living Area Sq Ft: 10000
  • Price Per Sq Ft: 227.50
  • Above Grade Finished Sq Ft: 10000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1505

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Assessed Value: 65200.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 36.00 x 88.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3168.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RM1

Rental Info

  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1057077
  • School Tax: 501.00
  • Tax Annual Amount: 913.00
  • Assessor Parcel Number: 881083826
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/21/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $2,275,000 0.0% $228 / Sq Ft
01/20/2022 01/20/22 For Sale $2,275,000 -- $228 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2068292

Bright MLS

APN: 29-1-3416-00