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14050633
14050632

2327 N 3rd St, Philadelphia, PA 19133

BK
PA PA RS 337549
Bob Kiziroglou
Listed by Bob Kiziroglou
$570,000
906 days on market
Updated 111 days ago
Opportunity zone

2327 N 3rd St (Philadelphia 19133) New Construction Duplex

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,700
Units 2
Cap Rate 7.01%
Pro-Forma Cap Rate 7.01%
Pro-Forma NOI $39,978
Price per SqFt $211
Class A
Year Built 2021
Buildings 1
Stories 3
Zoning Multi-Family

Philadelphia Multi-Family Investment Opportunity: New Construction 7% Cap

Marketing description

Calling All Investors!! Welcome to 2327 N 3rd St, a beautiful new construction duplex. This turnkey duplex is waiting for you to add to your multi-family portfolio. 100% occupancy (offered at 7% cap rate) as both units are rented and have tenants who have renewed. Two Bi-Level Units located in one of the hottest growing areas of Philadelphia! Call for details/financials and to schedule a tour. Unit 1 is a spacious bilevel 2 bed 1.5 bath with private backyard space. Unit 2 features 2 bed 1.5 bath bilevel unit with private roof deck. Both units include in-unit washer/dryers, open concept living/kitchen, stainless steel appliances and quartz countertops in both units. Comes with 8 year full tax abatement. This duplex can be sold individually or as a package with other new construction duplexes in the area. Contact us for more details and financials. If you are not familiar with this direct pocket of the City, please reach out as there is hyper development going on within this area.

Investment highlights

  • 8 year tax abatement (100% abated on property assessment for the full 8 years

  • Real estate taxes very low (< $1,000/annually) due to the abatement

  • In unit washer/dryers, full kitchen appliance package, smart thermostat, security system, surround sound built in speakers.

  • Plenty of on-street parking on this block

  • Less then 5 minute drive from Fishtown and Northern Liberties

Listing Contacts

BK
PA PA RS 337549
Bob Kiziroglou
Listed by Bob Kiziroglou

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Additional Information

Name
Bob Kiziroglou
License
PA RS 337549
Brokerage
Long & Foster Real Estate
Brokerage Phone
267-353-4123
Brokerage Address
1030 North American Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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