Located just off Athletic Square Park and Brewerytown Garden, this cash-flowing quadplex presents a 7.5% pro forma cap rate with four (4) high-design apartments in the coveted Brewerytown submarket of Philadelphia, Pennsylvania — a Top-10 USA MSA. Complete with private patios and skyline roofdecks for outdoor enjoyment in a bucolic urban setting — walkable to prime amenities — this 4-storey multifamily property carries a full 10-yr tax abatement through 2029 with minimal OPEX and rental upside. Nine (9) total bedrooms (three 2bd x 2.5ba units, one 3bd x 2.5ba unit) throughout the ±5,000 SF apartment building. Easy access to Girard Avenue's bevy of shops, bars, restaurants, cafes, breweries and bruncheries — as well as Fairmount Park, the largest urban park in America. Easily accessible to Philly's iconic Boathouse Row, Schuylkill River Trail and Museums District. Convenient to Center City and University City and all major roadways throughout the Philadelphia MSA. Purchase this prime real estate investment in a fast-growing submarket experiencing above-average rent growth and start building your portfolio today.
Listed By
Agency Name: Keller Williams Liberty Place
Agency Phone: 6093995454
Shown By
Agent Name: Emma Kluger
Agent Phone: (570) 690-4041
Agency Title: Lewith & Freeman
Lewith & Freeman Emma Kluger (570) 690-4041 ekluger@lewith-freeman.com
Estimated Payment
$ 6,097.38 per month $5,552.17 Principal & Interest $260.83 Property Tax $284.38 Homeowner's InsuranceSend an email with a link to
1501 N Bailey Street , Philadelphia, PA 19121.
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1501 N Bailey Street , Philadelphia, PA 19121.
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1501 N Bailey Street | MLS# PAPH2690548
This multi-family property located at 1501 N Bailey Street , Philadelphia, PA 19121 is currently listed for sale with an asking price of $975,000. N Bailey Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on ekluger.lewith-freeman.com today.