1436 Poplar Street, Philadelphia, PA 19130

$1,225,000
5,011
SqFt
Sold Price
$1,225,000
List Price
$1,385,000
Closing Date
Nov 06, 2019
Days On Market
134
Status
CLOSED
MLS#
PAPH790204
Living Area
5,011
Style
Straight Thru
Year Built
2016
County
Philadelphia
School District
The School District Of 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
$493
Interior Features
Kitchen - Eat-In, Recessed Lighting, Wood Floors
School District
The School District Of Philadelphia
Flooring
Hardwood
Exterior Features
Exterior Lighting, Street Lights, Sidewalks
View
City
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Fiberglass
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX @ HOME. Selling Office: .