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1303 N Hope Street

PHILADELPHIA, PA 19122
  • $1,000,000
  • STATUS: Closed
  • ON SITE: 113 Days
  • ID#: PAPH2119204
Sold - 09/23/2022
$1,000,000
SOLD - 09/23/2022
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,350
    SQFT
  • $230
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2017
County:

School Ratings & Info

Description

Gorgeous, Modern Triplex with parking! Prime location on Fishtown/Kensington Border that continues to grow. In the heart of some of the hottest spots in the city. An investor+GGs dream as all units are available to purchase fully furnished. Live in one and rent the others, or rent all the units for maximum potential. This completely furnished turn-key rental opportunity either for long-term, corporate or short-term rentals. If that wasn+GGt enough there are 7+ years remaining on tax abatement and the cap rate is above 7% Unit 1: Consists of two separate spaces, this 1 Bedroom + Studio, 2 Bath Apartment starts in the first floor studio that includes an outdoor patio and continues into the basement. The first floor is a gorgeous, light filled studio with a full bath, galley kitchen and a private patio. The basement features another separate living space, a full 1 Bed 1 Bath apartment making this a perfect rental for roommates who want their own private units or someone that wants a separate living space from an office. Both of the basement and first floor make up Unit 1.Note: The Garage has a separate entrance is located on the first floor. Keep it for yourself for your car/storage or maximize your portfolio by renting it out to one of your tenants.Unit 2: 1 Bedroom 1 Bath. The second floor apartment is full of natural light, spacious tall ceilings, and plenty of storage. Spacious bedroom with a king bed and a juliet balcony opening over the downstairs patio make it feel more open and airy. Full bathroom and tons of in-unit storage make it an ideal rental.Unit 3: 2 Bedroom 1 Bath and Roof Deck with 360 degree views of the city. High ceilings, huge living room and kitchen and plenty of windows give this third-floor space plenty of opportunity. The two bedrooms are split level, giving extra privacy. Walk up to the roof deck for a private outdoor space with unobstructed full views of the city. Perfect for a roof deck garden, BBQs, or just getting some Vitamin D while sipping your morning coffee.

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©2022 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 ExecuHome Realty. 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: 2022-10-06T23:52:00.213.
www.execuhome.com/homes/129868523
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1303 N Hope Street PHILADELPHIA, PA 19122

  • Price: $1,100,000
  • Status: Closed
  • On Site: 113 Days
  • Updated: 128 min ago
  • ID#: PAPH2119204
0
Beds
0
Baths
0
½ Baths
0.02
Acres
4,350
SQFT
$230
$/SQFT
2017
Built
Neighborhood:
Fishtown
County:
Philadelphia
Area:
19122 (19122)
School District:
The School District Of Philadelphia
Property Description
Gorgeous, Modern Triplex with parking! Prime location on Fishtown/Kensington Border that continues to grow. In the heart of some of the hottest spots in the city. An investor+GGs dream as all units are available to purchase fully furnished. Live in one and rent the others, or rent all the units for maximum potential. This completely furnished turn-key rental opportunity either for long-term, corporate or short-term rentals. If that wasn+GGt enough there are 7+ years remaining on tax abatement and the cap rate is above 7% Unit 1: Consists of two separate spaces, this 1 Bedroom + Studio, 2 Bath Apartment starts in the first floor studio that includes an outdoor patio and continues into the basement. The first floor is a gorgeous, light filled studio with a full bath, galley kitchen and a private patio. The basement features another separate living space, a full 1 Bed 1 Bath apartment making this a perfect rental for roommates who want their own private units or someone that wants a separate living space from an office. Both of the basement and first floor make up Unit 1.Note: The Garage has a separate entrance is located on the first floor. Keep it for yourself for your car/storage or maximize your portfolio by renting it out to one of your tenants.Unit 2: 1 Bedroom 1 Bath. The second floor apartment is full of natural light, spacious tall ceilings, and plenty of storage. Spacious bedroom with a king bed and a juliet balcony opening over the downstairs patio make it feel more open and airy. Full bathroom and tons of in-unit storage make it an ideal rental.Unit 3: 2 Bedroom 1 Bath and Roof Deck with 360 degree views of the city. High ceilings, huge living room and kitchen and plenty of windows give this third-floor space plenty of opportunity. The two bedrooms are split level, giving extra privacy. Walk up to the roof deck for a private outdoor space with unobstructed full views of the city. Perfect for a roof deck garden, BBQs, or just getting some Vitamin D while sipping your morning coffee.
Exterior Features

Architectural Style OtherTraditional Construction Materials Brick Garage Spaces 1.00 Garage Type Other Garage YN Yes Other Structures Above GradeBelow Grade Parking Types Attached Garage Patio And Porch Features Patio(S)Deck(S) Pool No Pool Property Condition Excellent Riparian Rights YN No Roof Fiberglass Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3250 Below Grade Finished Area 1100 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions Unit 2: Tennant's Personal items Fireplaces Total 0 Heating Forced Air Heating YN Yes Inclusions Available To Purchase Fully Furnished Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 1 Units Furnished All

Property Features

Accessibility Features Other Assessment Year 2022 Buyer Financing Conventional Central Air YN Yes Close Sale Terms Standard Sale Cooling Fuel Electric Existing Lease Type Month To Month Foundation Details Slab Gross Income 79600.00 Heating Fuel Natural Gas Hot Water Electric Insurance Expense 3000.00 Maintenance Expense 1000.00 Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 2 Operating Expense 2000.00 Operating Expense Includes Insurance Original MLSNumber 801584870484 Owner Pays WaterTaxes - Real EstateCommon Area Maintenance Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 107.00 Tax Assessment Amount 7700.00 Tax Lot 301 Total Actual Rent 79600.00 Vacation Rental YN No Water Average Monthly 160 Water Last12 Months 1920.00 Water Source Public Zoning Rsa5

Listing courtesy of Compass Pennsylvania, Llc: .


©2022 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 ExecuHome Realty. 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: 2022-10-06T23:52:00.213.
 
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