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    1625-27 Point Breeze Avenue

    PHILADELPHIA, PA 19145
    • $1,050,000
    • STATUS: Active
    • ON SITE: 164 days
    • ID#: PAPH1003262
    UPDATED: 61 min ago
    $1,050,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,506
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:

    School Ratings & Info

    Description

    PRIME INVESTMENT OPPORTUNITY in Point Breeze. Built in 2018 this 5 unit building with strong rental history is conveniently located near public transportation, 76 and I 95 and close to shopping on Point Breeze Ave, West Passyunk and Oregon Ave. All units have front and rear facing windows allowing tons of natural light in. Units 1 and 2 are both 1 bed 1 bath with access to the large back yard and each have an additional 500+ square footage of basement space. Unit 3 is a spacious 2 bed 1 bath. Unit 4 is equally as spacious with 1 bed and 1.5 Baths . Unit 5 is a massive 3 bed, 2 bath taking up the entire 3rd floor. This unit also has two private balconies off of the larger bed rooms and a dedicated home office space. Every unit has high quality finishes including Whirlpool stainless steal appliances and in unit laundry. Current rents are below market value. The median average for the area is $1100.00 for a 1 bed, 1bath and $1600.00 for a 3 bed 2 bath. There are multiple residential and commercial projects planned a stone throw away, only increasing future values. Tenants are responsible for all utilities including a pre set water bill charge that varies per unit. There is a built in Advent security system that the land lord currently pays for.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-16T23:54:06.077.
    www.paulacashion.com/homes/115773991
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    1625-27 Point Breeze Avenue PHILADELPHIA, PA 19145

    • Price: $1,050,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: PAPH1003262
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    4,506
    SQFT
    $233
    $/SQFT
    2018
    Built
    Neighborhood:
    Point Breeze
    County:
    Philadelphia
    Area:
    19101 (19101)
    School District:
    The School District Of Philadelphia
    Property Description
    PRIME INVESTMENT OPPORTUNITY in Point Breeze. Built in 2018 this 5 unit building with strong rental history is conveniently located near public transportation, 76 and I 95 and close to shopping on Point Breeze Ave, West Passyunk and Oregon Ave. All units have front and rear facing windows allowing tons of natural light in. Units 1 and 2 are both 1 bed 1 bath with access to the large back yard and each have an additional 500+ square footage of basement space. Unit 3 is a spacious 2 bed 1 bath. Unit 4 is equally as spacious with 1 bed and 1.5 Baths . Unit 5 is a massive 3 bed, 2 bath taking up the entire 3rd floor. This unit also has two private balconies off of the larger bed rooms and a dedicated home office space. Every unit has high quality finishes including Whirlpool stainless steal appliances and in unit laundry. Current rents are below market value. The median average for the area is $1100.00 for a 1 bed, 1bath and $1600.00 for a 3 bed 2 bath. There are multiple residential and commercial projects planned a stone throw away, only increasing future values. Tenants are responsible for all utilities including a pre set water bill charge that varies per unit. There is a built in Advent security system that the land lord currently pays for.
    Exterior Features

    Architectural Style Contemporary Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 4506 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Flooring Hardwood Heating Forced Air Heating YN Yes Security Features Security System Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Central Air YN Yes Cooling Fuel Natural Gas Existing Lease Type Yearly Gross Income 73200.00 Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 5853.00 Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 5 Number Of Units Total 1 Operating Expense 14745.00 Operating Expense Includes InsuranceTrash Original MLSNumber 304544315598 Owner Pays InsuranceManagementWaterTrash CollectionTaxes - Real Estate Ownership Interest Fee Simple Possession 31-60 Days Cd61-90 Days Cd90-120 Days Cd Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 7979.00 Tax Assessment Amount 570000.00 Total Actual Rent 73200.00 Vacation Rental YN No Water Source Public Zoning Rm-1

    Listing courtesy of Keller Williams Philadelphia.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-16T23:54:06.077.
     
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    Dover DE, 19901