19 S 44th St, Philadelphia, PA 19104 | For Sale

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For Sale $1,395,000

$1,395,000
  • (0)
  • 6 Units
  • Unknown Sq Ft
  • 1,182 Sq Ft
  • Unknown Cap Rate

Description

19 S 44th Street is a 6-unit multifamily asset in Philadelphia's University City District.

19 S 44th Avenue was built in 2020 and comprises two (2) studios, two (2) one-bed, one-and-a-half-bath units, and two (2) two-bed, two-bath units. The average square feet for studios, one-beds, and two-beds are 458 SF, 880 SF, and 918 SF. All units are fully occupied achieving an average rent of $1,203 for studios, $1,338 for one-beds, and $1,695 for two-beds. The property has a 10-year tax abatement that ends in 2031.

Units feature high-end finishes with in-unit washers & dryers, a full stainless steel appliance package including dishwashers, luxury vinyl flooring, granite countertops, recessed lighting, and self-controlled central AC. Tenants are responsible for electricity, cable/internet, and a $30 water fee.

Situated in West Philadelphia’s University City District, Spruce Hill is a charming neighborhood teeming with historic residences, multicultural eateries, and lush spruce trees. The scenic Clark Park serves as a tranquil reprieve from Spruce Hill’s dynamic urban environment, as well as a host to plenty of popular community events.

Close proximity to numerous hospitals and universities, including the prestigious University of Pennsylvania and Drexel University, makes the neighborhood a top choice for a diverse range of residents. Spruce Hill boasts a walkable environment along with convenient access to SEPTA bus routes and trolley lines. Center City sits just three miles east of the neighborhood, providing residents with a bevy of metropolitan amenities.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,395,000
Property Type Multi-Family
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 2020
Last Sold Unknown
Sold Price Unknown
APN # 881850676
MLS # PAPH2398396
Property ID 320860378
Lot Sqft 1,182
Zoning CMX4
Total Units 6
Days on Market 71
Original List Price Unknown
Date Updated September 19, 2024
Date Created September 17, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Philip Sharrow an agent of .


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Data last updated: November 27, 2024.
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