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1501 N Bailey Street
Philadelphia, PA 19121

$975,000 - Status: ACTIVE
SQFT: 5,000
MLS# PAPH2690548

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.

Property Features

MLS#: PAPH2690548
Zip: 19121
Subdivision: Brewerytown
Development: Philadelphia
Property Type: Multi Unit - Multiple
Number of Units: 4
Basement: Yes
Basement: Full
Cooling: Central A/C
Fireplaces: 4
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Contemporary
Lot Size: 0.04 acres
Roof Type: Fiberglass
Taxes: $3,130
Year Built: 2019

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Single, Refrigerator, Stainless Steel Appliances, Washer
Exterior: Brick
Flooring: Engineered Wood
Interior: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System, Wood Floors
Location Description: Urban
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Special View Info: City
Structure Type: End of Row/Townhouse
Three Bedroom Units: 1
Two Bedroom Units: 3
Units: 4
Water: Public

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

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.

Listed By / Shown By

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

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AGENT INFORMATION

Lewith & Freeman Emma Kluger (570) 690-4041 ekluger@lewith-freeman.com

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Estimated Payment

$ 6,097.38 per month $5,552.17 Principal & Interest $260.83 Property Tax $284.38 Homeowner's Insurance

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