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$1,350,000

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5,011 SqFt

Active

1436 POPLAR ST Philadelphia, PA 19130

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Shayna Queen

shayna@shaynaqueenrealestate.com +1(443) 228-6688

UPDATED:

10/03/2024 12:53 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,011 sqft

Price per Sqft $269

Subdivision Fairmount

MLS Listing ID PAPH2356514

Originating Board BRIGHT

Year Built 2016

Annual Tax Amount $541

Tax Year 2022

Lot Dimensions 0.00 x 0.00

Property Description

Hugh price improvement! Motivated Seller! You can increase the cash flow dramatically if you are certified to take housing voucher. Located in booming Francisville neighborhood, this is an excellent opportunity to own a turn-key, fully rented building consisting of 5 (Five not Four) residential units. Newly constructed in 2016, offering low maintenance costs plus the added benefit of 2 years remaining on the Tax Abatement. All 5 units are metered separately for gas and electric. Each tenant pays own utilities. The building was constructed with a modern and contemporary design with hardwood flooring throughout, stainless steel appliances and quartz kitchen countertops. Added Bonus of washer/dryers in each unit. The building features three 2 bedroom & 2 bathroom units, and two 1 bedroom / 1 bathroom units. 1st floor units are bi-level with 2 bedrooms & 2 bathrooms. 2nd floor unit occupies the entire floor and consists of a 2 bedroom & 2 bathrooms. 3rd Floor is comprised of two 1 bedroom & 1 bathroom units with access to their own private balcony. Shared rooftop deck with amazing city views and a rear patio. No monthly condo fees apply as there is 1 owner of the building that manages and maintains the building. This flexibility allows the new owner the option of holding the building as a long-term investment or sell the individual units as condominiums. Located in close proximity to the Broad Street Line and the bustling corridor of Fairmount Ave; including Bar Hygge, Osteria, Fairmount Pizza, Rybread, Telas Market, High Point Cafe, Mugshots cafe,Philly Flavors, Fare, Anytime Fitness,Fine Wine & Spirits, Fairmount Hardware & Fairmount Bicycles. Just moments to the Art Museum, Center City, pharmacies, the post office and grocery stores, nightlife, and entertainment.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Inclusions Washer, Dryer, Refrigerator, Dishwasher, Range in all units

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 888154608

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

Listed by Bei Ou • Realty Mark Associates-CC

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Shayna Queen

Agent | License ID: 5001395

+1(443) 228-6688

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