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1426 SOUTH ST, Philadelphia, Pennsylvania

$11,350,000Active

Property Details

1426 SOUTH ST, Philadelphia, Pennsylvania 19146 - New construction mixed use property that consists of 34 residential units and 1 commercial space occupied by Freehouse Fitness Studio. The fitness studio has a long term lease in place and has quickly become one of the neighborhood's favorites. The 34 units consist of all 1 bedroom apartments. The rental units have been outfitted with many upgraded finishes including central air, washer/dryer in each unit, video intercom system, hardwood floors, stainless steel appliances, and spacious living areas. The building has a 10 year approved Tax Abatement and the property was just built in 2016! Building has a trash room, bicycle room, tenant parking, roof deck, and elevator! All utilities are separately metered for each unit and tenants pay their own utilities including water. The gross annual rents for the property total 701,640.

Amenities

  • Zip19146
  • CountyPhiladelphia
  • SQFT25909
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeCMX4
  • School districtPhiladelphia
  • Year built2015
  • Lot size0.14
  • SewerPublic Sewer
  • Tax amount$4,316.00
  • Tax year2017
  • Office IDOCFRLTY
  • Agent ID60032133
  • Agent nameJim Robertson
  • MLS® ID6958513

Broker: OCF Realty LLC

Listing Courtesy of OCF Realty LLC

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“Chris did a terrific job helping me to find just the right home and holding my hand all through the process of buying a home. Chris was always avaiable on the momentary notice to address any issue, large or small; and many times i had to wonder if he ever takes a break. I would recommend Chris for any real estate needs in a heartbeat!!! Thank you The Somers Team!”

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