***RECENT NEW CONSTRUCTION 6 UNIT BUILDING WITH TAX ABATEMENT**Built in 2023, this property is fully occupied and ready to be your next investment. Start collecting rent as soon as you close. Located on the corner of S 52nd and Delancey Streets the location is prime. The building consists of 1 first floor commercial space and 5 residential units. There are 2 private parking spaces accessible in the rear from the Delancey side. UNIT 1: Commercial space with private bath/separate entrance rented for $1,000. UNIT 2: 1 bed/1 bath rented for $1,150. UNIT 3: 1 bed/1 bath rented for $1,250. UNIT 4: 1 bed/1 bath rented for $1,330. UNIT 5: 1 bed/1 bath rented for $1,250. UNIT 6: 1 bed/1 bath rented for $1,200. Building is conveniently electric. Tax abatement began in 2023 and is good for 8 more years. The location can't be beat with its close proximity to Market Street, Septa public transportation to all areas of the city and just a short distance to University City. Schedule your showing today or call for a private tour. Also available are 5416 Baltimore Avenue and 4811 Walnut Street.
MLS# | PAPH2444862 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | ACTIVE-BRIGHT |
Year | 2023 |
Days On Site | 14 |
Listing Provided By | KW Empower | Michael P Cohen |
Story(s) | 3 |
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Units | 6 |
Zoning | CMX2 |
Acreage | 0.04 |
Water Front | Yes |
State | PA |
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County | PHILADELPHIA PA |
City | PHILADELPHIA |
Zip Code | 19143 |
Area | 19143 (19143) |
School District | PHILADELPHIA CITY |
Listing VS Median (In 19143) | |
Price: $999,000 low | high Med: $169,900 On site: 14 low | high Med: 61.5 |