Property Description:
2 BLOCKS AWAY FROM TEMPLE UNIVERSITY-PHILADELPHIA
Important: Notify Fluellen Investments, llc All of our properties are owned by Fluellen Investments, llc and overseen by an attorney. This is an off market wholesale structure, not interested in listing on market.
For More Details notify:
Fluellen Investments
Direct Toll Free: (866) 529-0070
Email: fluelleninvestments@fluelleninvestmentsllc.com
Note: PROOF OF FUNDS Required for all conversations and showings pertaining to the property in effort to respect business boundaries and your valuable time.
*NEW INVESTOR OPPORTUNITY*
Location: North Broad Street- Zip Code 19132
Fully Tenant Occupied- Property will already be generating money after transfer of ownership.
-7.5 Year tax abatement remaining.
-No repairs needed- Property is already renovated and again fully rented
Current Price $2,800,000
-Gross Monthly Rent: $17,365.00
-Gross Annual Rent: 208,380.00
• New Construction, completed in March 2021. Two Blocks away from acclaimed Temple University. Between W Susquehanna Ave and W Dauphin St.
• Property Size: 11,000 Sq Ft
• Lot Size: 21 x 151 Sq Ft (Property goes street to street and has two separate entrances N Broad and N Watts St.
• 4 Stories w/ Basement and Large Courtyard with Access for all tenants.
• 10 Units and 1 Commercial Space- Total 23 bedrooms combined comprised of all 10 units, 16+ bathrooms combined comprised of all 10 units
• Building is all Electric, (No Gas)
• Central Air, Washer & Dryer in every Unit
• Security cameras throughout all common areas of the property
• Zoning: CMX 2.5 Neighborhood Commercial/Residential Mixed Use
• Full Tax Abatement. About 8 years remaining.
• Tenants are responsible to transfer Electric service to their name during the duration of their lease and pay $25 flat monthly water fee