$1,150,000
Active
20 Days Online
0 Beds0 Baths4,510 SQFT
Active

2339 N College Avenue Philadelphia, PA 19121

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Welcome to 2339 n. College Ave, a rarely offered 4 unit multi family building in BREWERYTOWN brought to you by one of Philadelphias top boutique development firms, AXE PHILLY. Property highlights include 7-Years left on the a FULL 10 Year Tax Abatement, 7% CAP RATE with $92, 400 in Gross Income, an opportunity to legalize parking in the year as this parcel runs street to street sitting on a 16 by 109 LOT, designer finishes, and a FULLY FURNISHED UNIT 1 that was previously being used as a short term rental. These apartments adhere to the highest building standards and boast top-quality finishes. With lofty ceilings and expansive windows, natural light floods each unit, imbuing them with a uniquely luxurious ambiance. Step into luxury with vinyl wood flooring throughout, complemented by sleek, modern touches. Each unit boasts a well-appointed kitchen equipped with stainless steel appliances, quartz counter tops that run up the backsplash, catering perfectly to culinary enthusiasts. All four units feature 2 bedrooms and 2 bathrooms, spanning from the basement to the third floor, with convenient laundry facilities and private outdoor space for each unit. Unit 1 - Located in the basement with 2 bedrooms, and 2 bathrooms for $1, 800/mo. with walk out patio. (projected as currently setup as a short term rental) Unit 2 - Located on the 1st floor with 2 bedrooms, and 2 bathrooms, with backyard access for $1, 950/mo. Unit 3 - Located on the 2nd floor with 2 bedrooms, and 2 bathrooms for $1, 850/mo. with private deck Unit 4 - Located on the 3rd floor with 2 bedrooms, and 2 bathrooms, with roof deck patio access for $2, 100/mo. (projected, tenant just moved out) TOTAL- $7700/mo. or $92, 400 a year Situated across from Girard College, enjoy added security with the wide street and enhanced street lighting. Explore the vibrant nightlife and dining scene of Girard Ave, just a short 2-minute stroll away and less than 1 mile from the Art Museum, Whole Foods, and Fairmount Park. Rent growth is inevitable with over 100+ permits pulled in the area (see photo attached)

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyPhiladelphia
  • Taxes$2,313
  • HOA/Condo/Coop Fees$0
  • Days on Site19 Days
  • MLS StatusActive
  • MLS ID NumberPAPH2346866
  • Home Size Source Estimated
  • Year Built1920
  • Lot Size0.04 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Construction BrickWood Siding
  • Parking On Street
  • Sewer Public Sewer
  • Basement Fully Finished
  • Number of Stories 4
  • Acreage 0.04
  • Water Public
  • Property Sub Type Quadruplex
  • Attached Garage No
  • Foundation Concrete Perimeter
  • Zoning RM1

Interior Features

  • Cooling Central A/ CElectric
  • Heating CentralForced AirNatural Gas
  • Appliances DishwasherDisposalDryerRefrigeratorWasher
  • Flooring Tile/ BrickVinyl
  • Fireplace No

Exterior Features

  • Roof Fiberglass
  • Spa No
  • Waterfront Property No
  • Patio And Porch RoofDeck(s)

Community Features

  • MLS Area 19121 (19121)

Schools

School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$6,133
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