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729 N 20TH Street

PHILADELPHIA, PA 19130
  • $2,300,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: PAPH2179138
UPDATED: 28 min ago
$2,300,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2019
County:

School Ratings & Info

Description

3.5% Interest Rate Assumable!! Welcome to The Point. This 5-unit new construction building with 2 car parking can be purchased with an assumable loan with a 3.5% interest rate. This rate is fixed for another 4+ years, and this building has the new construction tax abatement. That abatement started in 2020. Each unit in this building is on its own floor, making for a nice private experience. All of the units have access to outdoor space, and two of the units have additional private outdoor space. Each unit has 2 bedrooms, 2 bathrooms, GE stainless steel appliances, Calcutta quartz countertops, custom closets, blinds, designer finishes and smart thermostats. The building has keyless entry and is also a safe package drop off location. Set up with Amazon Key, all Amazon deliveries are delivered inside the building, avoiding package theft for the tenants. It is fully occupied, and the monthly rent roll is $12,818.75. Tenants pay for all of their own utilities, and all leases have a 5% increase. Reach out for more information.

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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: 2022-12-08T06:55:40.83.
www.execuhome.com/homes/134775206
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729 N 20TH Street PHILADELPHIA, PA 19130

  • Price: $2,300,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 28 min ago
  • ID#: PAPH2179138
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2019
Built
Neighborhood:
Fairmount
County:
Philadelphia
Area:
19130 (19130)
School District:
The School District Of Philadelphia
Property Description
3.5% Interest Rate Assumable!! Welcome to The Point. This 5-unit new construction building with 2 car parking can be purchased with an assumable loan with a 3.5% interest rate. This rate is fixed for another 4+ years, and this building has the new construction tax abatement. That abatement started in 2020. Each unit in this building is on its own floor, making for a nice private experience. All of the units have access to outdoor space, and two of the units have additional private outdoor space. Each unit has 2 bedrooms, 2 bathrooms, GE stainless steel appliances, Calcutta quartz countertops, custom closets, blinds, designer finishes and smart thermostats. The building has keyless entry and is also a safe package drop off location. Set up with Amazon Key, all Amazon deliveries are delivered inside the building, avoiding package theft for the tenants. It is fully occupied, and the monthly rent roll is $12,818.75. Tenants pay for all of their own utilities, and all leases have a 5% increase. Reach out for more information.
Exterior Features

Construction Materials Frame Garage YN No Parking Types Driveway Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6450.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 6450.00

Property Features

Accessibility Features 32"+ Wide Doors36"+ Wide Halls Assessment Year 2023 Business Type Apartment Building Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Cross Street Fairmount Ave Heating Fuel Electric Hot Water ElectricMulti-Tank Municipality Philadelphia Navigable Water YN N New Construction YN Yes Original MLSNumber 802010740852 Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 1574.00 Tax Assessment Amount 112500.00 Tax Lot 213 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Ocf Realty 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: 2022-12-08T06:55:40.83.
 
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