Philadelphia, PA 19139,230 S 46TH ST
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Philadelphia, PA 19139,230 S 46TH ST
Philadelphia, PA 19139,230 S 46TH ST
Philadelphia, PA 19139,230 S 46TH ST
Philadelphia, PA 19139,230 S 46TH ST
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230 S 46TH ST Philadelphia, PA 19139

4,200 SqFt


UPDATED:

08/27/2024 12:29 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $314

Subdivision Spruce Hill

MLS Listing ID PAPH2382784

Originating Board BRIGHT

Year Built 2024

Annual Tax Amount $2,774

Tax Year 2023

Lot Size 2,094 Sqft

Acres 0.05

Property Description

Welcome to 230 S 46th Street - An amazing investment opportunity in Spruce Hill. Step into luxury living with this newly developed FIVE unit building consisting of 1- 2bd/1ba, 1 - 3bd/2ba, 2 - studios, 1 - 2bd/2ba, and 1 OFF STREET PARKING SPOT. This building has been gutted to the studs with BRAND NEW plumbing electric, sprinkler system, and HVAC. Crafted with precision, designed for comfort, each unit offers a blend of modern elegance and timeless charm. Private rear shared outdoor space perfect for entertaining or relaxing.

7.38 Cap Rate!!!

Units Features - Spacious floor plans bathed in natural light, Gourmet kitchens equipped with state-of-the-art Samsung appliances and sleek countertops, and luxurious bathrooms boasting spa-like amenities with exquisite finishes

Current rent roll
2bd/2ba $1993
3bd/2ba $2500
Studio $1310
Studio $1310
2bd/1ba Projected $1800
$108,156 Annual Rent

7.38 CAP!!
$97,382 NOI

Low operating expenses - Approved Tax abatement with brand new mechanical systems.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RM1

Interior

Hot Water Electric

Heating Central

Cooling None

Heat Source Electric

Exterior

Garage Spaces 1.0

Waterfront N

Water Access N

Accessibility None

Parking Type Driveway

Total Parking Spaces 1

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 461174900

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Mark Benevento II • Hightop Real Estate LLC

Karen Scarpa

Agent | RMFR8838475

+1(732) 631-4514

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230 S 46TH ST