1204 W Erie Avenue AVENUE Philadelphia, PA 19140
3 bed / 0 bath / 3,732 Sq. Ft. / 1,307 Sq. Ft., 0.03 acres lot size / Triplex, Multi-Family
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Attention investors!Take a look at this new construction Triplex located in the bustling area of Temple Hospital!- Ground floor/lower level is a large 1,866sf 3bed/3bath bi-level unit with private rear yard access from both levels.- 2nd floor unit is 2bed/2bath at 933sf.- 3rd floor consisting of a 2bed/2bath unit with a private roofdeck.This triplex should be completed by September 1st with C/O in hand.With the anticipated rental value of $5000-$5400/month, this building is expected to have to have a CAP rate of anywhere between 7-8%.Located a short walk to the Broad St Line, Temple Hospital, Shriners Hospital, and multiple bus routes, this location is tough to beat!There are multiple developments in various phases all around this property including the Buery Building on Broad St near W Erie Ave - demolition has begun (conversion to a proposed hotel according to public records).And... we can't forget the street improvements that are going on right now!Don't miss an opportunity to invest in this area before it's too late!!
property details
Type
Triplex, Multi-Family
Status
Active
County
PHILADELPHIA
Year Built
2024
Beds
3
Sq. Ft.
3,732
Lot Size
1,307 Sq. Ft.
Listing Id
PAPH2369014
Courtesy Of
Jose Casalina - BHHS Fox & Roach-Jenkintown +1 (215) 887-0400
List Office Phone
+1 (215) 887-0400
Interior Features
Appliances
Dishwasher
Refrigerator
Electric Oven
Electric Range
Washer
Electric Water Heater
Refrigerator
Electric Oven
Electric Range
Washer
Electric Water Heater
Living Area Units
Sq. Ft.
Exterior Features
Roof
Fiberglass
Parking
On Street
Foundation
Slab
Utility & Building Info
Sewer
Public Sewer
Parcel Number
432055900
Water Source
Public
Heating
Electric Heating
Forced Air
Forced Air
Tax Amount
300
Building Area Total
3,732 Sq. Ft.
Price Per Sq Ft
$214
Architectural Style
Traditional
Price History
| date | event | price | source |
|---|---|---|---|
|
08/02/2024
08/02/2024
|
Active |
$799,000
|
Bright MLS (MDBMLS-R) |
|
06/30/2024
06/30/2024
|
Active |
$799,900
|
Bright MLS (MDBMLS-R) |
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Market Trends
Source: Constellation1
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