Description
1500 N 26 ST! Presents a Spectacular Investment Opportunity in the Brewerytown neighborhood!!! Offered @ 6.18 % CAP. Overlooking Athletic Square Park. Massive CORNER DUPLEX with tons of natural Light, sits on a generous 17' x 70' parcel. Fully OCCUPIED. Unit [ 1 ] is a 1,551 SF 3 BD | 3 BA rented for $1,925 a month, Unit [ 2 ] is a 2,796 SF 3 BD| 3 BA rented for $2,795 a month. Both units are bilevel open floorplans and modern interiors, finishes, fixtures and features. The upper unit has a balcony and a Skyline ROOF DECK. Total Annual rent is $56,640 and NOI is $46,320. Walk to Fairmount Park, Boathouse Row, Art Museum, Green Eggs Cafe, Crime & Punishment Brew Co, all of Girard Ave destinations and attractions. Quick uber ride into downtown Philly and University City. 10 YEAR TAX ABATEMENT in place. TWO CAR Parking!!! This property is a perfect investment for any Established or New Investor!!! Great for 1031 EXCHANGE. Property is located in the Qualified Opportunity Zone!!! Seller can Provide an introduction to lender who will provide 75% LTV, 3.95% Rate for Qualified Investors!
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
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3,250SQFT
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$230$/SQFT
Description
1500 N 26 ST! Presents a Spectacular Investment Opportunity in the Brewerytown neighborhood!!! Offered @ 6.18 % CAP. Overlooking Athletic Square Park. Massive CORNER DUPLEX with tons of natural Light, sits on a generous 17' x 70' parcel. Fully OCCUPIED. Unit [ 1 ] is a 1,551 SF 3 BD | 3 BA rented for $1,925 a month, Unit [ 2 ] is a 2,796 SF 3 BD| 3 BA rented for $2,795 a month. Both units are bilevel open floorplans and modern interiors, finishes, fixtures and features. The upper unit has a balcony and a Skyline ROOF DECK. Total Annual rent is $56,640 and NOI is $46,320. Walk to Fairmount Park, Boathouse Row, Art Museum, Green Eggs Cafe, Crime & Punishment Brew Co, all of Girard Ave destinations and attractions. Quick uber ride into downtown Philly and University City. 10 YEAR TAX ABATEMENT in place. TWO CAR Parking!!! This property is a perfect investment for any Established or New Investor!!! Great for 1031 EXCHANGE. Property is located in the Qualified Opportunity Zone!!! Seller can Provide an introduction to lender who will provide 75% LTV, 3.95% Rate for Qualified Investors!
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