NOT LISTED FOR SALE
-- Bed
-- Bath
5,200 Sq Ft
1,510 Sq Ft Lot

Last Sold March 05, 2020

Last sale price $1,250,000 $240 Per Sq Ft

13 Days on Market

About This Home

As of March 2020

This offering consists of 4 units located in the highly sought-after Graduate Hospital neighborhood. This is a rare opportunity to acquire turnkey new construction rental units in 19146 north of Washington Ave. Each unit was carefully designed with a high-end resident in mind, including top of the line finishes, premium flooring, upgraded appliance packages, and imported doors and windows. The building includes energy efficient doors, windows, and exterior. The building will be sold with the remainder of the 10 year tax abatement. The property is located off of Grays Ferry Avenue, is walking distance to Rittenhouse Square, University City, and Schuylkill Banks, and is a short distance from public transportation and I-76. Property is rented for $7500 per month. Do not miss your chance to view a rarely offered investment opportunity; Offering Memorandum available upon request. Properties can be sold as a package with 2541-43 Montrose Street.

Last Agent to Sell the Property

Jonathan Beaulieu

JBMP Group Listed on: 12/13/2019

Co-Listed By

Maria Pacitti

JBMP Group

Last Buyer's Agent

Joe Siligato

Realty Mark Associates-CC License #RS316102

Realty Mark Associates-CC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,863

Year Built

  • Built in 2017

Lot Details

  • 1,510 Sq Ft Lot
  • Lot Dimensions are 25.60 x 59.00

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Masonry

Interior Spaces

  • 5,200 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 4 Units
  • Graduate Hospital Subdivision

Listing and Financial Details

  • Tax Lot 216
  • Assessor Parcel Number 302204410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,863

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2019-12-13
  • Year Built: 2017
  • Remarks Public: This offering consists of 4 units located in the highly sought-after Graduate Hospital neighborhood. This is a rare opportunity to acquire turnkey new construction rental units in 19146 north of Washington Ave. Each unit was carefully designed with a high-end resident in mind, including top of the line finishes, premium flooring, upgraded appliance packages, and imported doors and windows. The building includes energy efficient doors, windows, and exterior. The building will be sold with the remainder of the 10 year tax abatement. The property is located off of Grays Ferry Avenue, is walking distance to Rittenhouse Square, University City, and Schuylkill Banks, and is a short distance from public transportation and I-76. Property is rented for $7500 per month. Do not miss your chance to view a rarely offered investment opportunity; Offering Memorandum available upon request. Properties can be sold as a package with 2541-43 Montrose Street.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 5200
  • Living Area Sq Ft: 5200
  • Price Per Sq Ft: 269.04
  • Above Grade Finished Sq Ft: 5200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2537

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • 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: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 275971.00
  • Land Use Code: W70
  • Lot Size Acres: 0.03
  • Lot Dimensions: 25.60 x 59.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1510.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 90000.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 8962751
  • School Tax: 2120.00
  • Tax Annual Amount: 3863.00
  • Assessor Parcel Number: 302204410
  • Tax Lot: 216
  • Tax Total Finished Sq Ft: 4096
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/05/2020

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
03/05/2020 03/05/20 Sold $1,250,000 -10.7% $240 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $1,399,000 -- $269 / Sq Ft
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: PAPH856522

Bright MLS