1436 Poplar Street, Philadelphia, PA 19130

$1,385,000
List Price
$1,385,000
Price Change
▼ $10,000 1560822439
Closing Date
Nov 06, 2019
Days On Market
146
Status
ACTIVE UNDER CONTRACT
MLS#
PAPH781644
Lot Size (Acres)
0.05
Year Built
2016
County
Philadelphia

Property Description

Located in booming Francisville neighborhood, this is an excellent opportunity to own a turn-key, fully rented building consisting of 5 residential units. Newly constructed in 2016, offering low maintenance costs plus the added benefit of 7 years remaining on the Tax Abatement. All 5 units are metered separately for gas and electric. Each tenant pays own utilities. Monthly income of $8050 plus tenants pay towards the water bill every month. The building was constructed with a modern and contemporary design with hardwood flooring throughout, stainless steel appliances and quartz kitchen countertops. Added Bonus of washer/dryers in each unit. The building features three 2 bedroom & 2 bathroom units, and two 1 bedroom / 1 bathroom units. 1st floor units are bi-level with 2 bedrooms & 2 bathrooms. 2nd floor unit occupies the entire floor and consists of a 2 bedroom & 2 bathrooms. 3rd Floor is comprised of two 1 bedroom & 1 bathroom units with access to their own private balcony. Shared rooftop deck with amazing city views and a rear patio. No monthly condo fees apply as there is 1 owner of the building that manages and maintains the building. This flexibility allows the new owner the option of holding the building as a long-term investment or sell the individual units as condominiums. Located in close proximity to the Broad Street Line and the bustling corridor of Fairmount Ave; including Bar Hygge, Osteria, Fairmount Pizza, Rybread, Telas Market, High Point Cafe, iPHO, Mugshots cafe,Philly Flavors, Fare, Hickory Lane American Bistro, Anytime Fitness,Fine Wine & Spirits, Fairmount Hardware & Fairmount Bicycles. Just moments to the Art Museum, Center City, pharmacies, the post office and grocery stores, nightlife, and entertainment. A walker~s paradise of 91, Transit score of 84 and Bike score of 79.

Additional Information

Area
19130 (19130)
Subdivision
Francisville
Taxes
$2274
Stories
4
Flooring
Wood, Tile/Brick
View
City
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Fiberglass
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX @ HOME.

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