19 S 44TH ST Active

Philadelphia,PA 19104

$ 1395000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2398396

Year Built 2020

Annual Tax Amount $2,064

Tax Year 2024

Lot Size 1,182 Sqft

Property Description

19 S 44th Street is a 6-unit multifamily asset in Philadelphia's University City District.

19 S 44th Avenue was built in 2020 and comprises two (2) studios, two (2) one-bed, one-and-a-half-bath units, and two (2) two-bed, two-bath units. The average square feet for studios, one-beds, and two-beds are 458 SF, 880 SF, and 918 SF. All units are fully occupied achieving an average rent of $1,203 for studios, $1,338 for one-beds, and $1,695 for two-beds. The property has a 10-year tax abatement that ends in 2031.

Units feature high-end finishes with in-unit washers & dryers, a full stainless steel appliance package including dishwashers, luxury vinyl flooring, granite countertops, recessed lighting, and self-controlled central AC. Tenants are responsible for electricity, cable/internet, and a $30 water fee.

Situated in West Philadelphia?s University City District, Spruce Hill is a charming neighborhood teeming with historic residences, multicultural eateries, and lush spruce trees. The scenic Clark Park serves as a tranquil reprieve from Spruce Hill?s dynamic urban environment, as well as a host to plenty of popular community events.

Close proximity to numerous hospitals and universities, including the prestigious University of Pennsylvania and Drexel University, makes the neighborhood a top choice for a diverse range of residents. Spruce Hill boasts a walkable environment along with convenient access to SEPTA bus routes and trolley lines. Center City sits just three miles east of the neighborhood, providing residents with a bevy of metropolitan amenities.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX4

Interior

Hot Water Electric

Heating Central,Forced Air

Cooling Central A/C,Ductless/Mini-Split

Flooring Luxury Vinyl Plank

Exterior

Waterfront N

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Cash,Conventional,Negotiable

Listing Terms Cash,Conventional,Negotiable

Special Listing Condition Standard

View More
Favorite Go Tour