Listing Provided By Homelink Realty
Great investment opportunity, 530 N Preston has a total of 15 student efficacy apartments, each unit is equipped with full bath, kitchen w/o stove. Full building has central air conditioning, all lower lever apartments have access to the back yard. This is a package deal that also include 532, 534 N Preston. Total square footage approximate 18000. Yearly net rental return is around of $292,521/yr . 6.25%. the building has couple of unit is ready to rent, fully income will be more that current income rate. All buildings has the same layout design, number of units. 3 buildings bring 9 units which is total of 45 efficency rooms, Expense sheet is available upon request. 9 years tax abatment left.
- Price:
- $4,200,000
- Acreage:
- 0.03
- Year Built:
- 2020
- Listing ID #:
- PAPH2118802
- Street Address:
- 530 N Preston St
- City:
- Philadelphia
- State:
- Pennsylvania
- Postal Code:
- 19104
- County:
- Philadelphia
- Community:
- 19104 (19104)
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
School District: The School District Of Philadelphia
- Building Condition:
- Excellent
- Building Security:
- Carbon Monoxide Detector(s), Monitored, Smoke Detector, Sprinkler System - Indoor, Exterior Cameras
- Foundation:
- Concrete Perimeter
- New Construction:
- Yes
- Number Of Units:
- 9
- Type Of Roof:
- Asphalt
- Year Built:
- 2020
- Year Built Source:
- Estimated
- Gross Income:
- 111240.00
- Operating Expense:
- 17053.00
- Approximate Lot Size Range Source:
- Assessor
- Conforms To Zoning:
- Rm1
- Lot Description:
- 17.00 X 85.00
- Lot Square Footage:
- 1417.00
- Days On Market:
- 262
- Excluded:
- Personal Belongs
- Included In Sale:
- Appliance, Bed, Table, Chair
- On Market Date:
- 2022-05-19
- Originating Mls:
- Bright
- Special Conditions Of Sale:
- Standard
- Terms:
- Cash, Conventional
- Cross Street:
- Haverford Ave
- Tax Municipality:
- Philadelphia
- City Taxes:
- 219.00
- Owner Pays:
- Cable Tv, Common Area Maintenance, Electricity, Heat, Insurance, Repairs, Sewer, Taxes - Real Estate, Trash Collection, Water
- Price Per Square Foot:
- 233.33
- Property Taxes:
- $487
- Tax Year:
- 2023
- Parking Description:
- Public
- Parking Type:
- On Street
- Cooling Fuel:
- Electric
- Cooling System:
- Central A/C
- Existing Water:
- Public
- Heating:
- Central
- Heating Fuel:
- Electric
- Sewage Type:
- Public Sewer
- Utilities:
- Electric Available
- Water Heater:
- Electric
|
$
|
|
|
$
|
|
|
%
|
|
|
$
|
|
|
$
|
|
|
$
|
|
The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Homelink Realty
-
© 2023 BRIGHT, All Rights Reserved
Similar Properties
$4,500,000
Virtual Tour
31 2nd St N, Philadelphia, PA 19106
-- SqFt
-- Beds | -- Baths
Listing Provided By Elfant Wissahickon-Rittenhouse Square ACTIVE
