This unique property built in 1890, has quite the story of ownership for the past century. From the Disston Mansion (owner of Disston Saw Company) and then converted to the religious use of Father Divine, this property is sure to be one not to miss when considering adding to your investment portfolio. One can not suggest the property without mention of the intended use of the present owner for the past 77 years. Father Divine was a spiritual leader who held weekly Sunday banquets and public dining, auditorium from 1946-2005. This is reflected in the décor of the cathedral style trims throughout interior. This 35,000 sq ft mansion has imported marble floors throughout, hand carved oak wood trims, 18 ft doors oak wood doors, imported tiles, 14 kart gold leaf mantels, ceiling crown moldings with hand painted artwork. Crystal chandlers throughout and 8ft stain glass windows. When considering any form of conversion with this property, much of this buildingâs craftsmanship you will want to preserve even when making any updates.
Motivated seller. Significant value add opportunity through continued leasing. Market rents are $1550-$1650 if new owner chooses, section 8 new 2 bedroom rent allows up to $1764 per month. 2626-30 Ridge avenue is an 8 unit property with a 1 car garage. It was fully gut renovated this year. This property is available as part of a portfolio or may be purchased individually. Unit 2 is currently available for lease and is being marketed at $1650 per month. The portfolio is comprised of 15 units over 4 locations. Two duplexes, a triplex, and an eight unit building with a single car garage. All properties are located in Philadelphia neighborhoods of Sharswood and Olde Kensington. Per bestplaces.net, the 19133 (Old Kensington) zip code has enjoyed 17.3% home appreciation in the last 10 years. It also has a robust market for renters making up 45.3% of the population. Home appreciation in the 19121 zip code (Sharswood) has been 19.8% over the last 10 years . Renters make up 49.8% of the population. All of these properties have undergone full gut renovations and were stripped down to the studs. Many of the layouts were reconfigured. Each property was then rebuilt with new electric, plumbing, hvac, roofing, windows, curb traps where necessary, appliances, kitchens, bathrooms, etc... Each property has a 10 year tax abatement secured. All properties will be sold "as is, where is with all faults and defects" Please take a look at the additional information on the attached brochures. Available properties are a duplex at 2118 W Master st Philadelphia PA 19121, a duplex at 2527 N Front st Philadelphia PA 19133, Triplex at 2323 N 2nd st Philadelphia PA 19121. Portfolio Price $3.65mm Also available is 1937 N Marshall st. A 9 Unit shovel ready ground up construction project.
In the market for a great investment property? Look no further. This turn key property is a student housing building situated on Temple University's campus, comprising 15 units with a total of 53 beds. Current housing occupancy rate is over 75%. Originally built in 1912, the 21,205-square-foot building underwent a complete renovation in 2019 and is currently occupied by the Kappa Delta Rho fraternity. The building boasts a combination of timeless architecture and contemporary systems and amenities. Security doors, access control intercom system and security cameras are in place and operational. The building has on-site laundry facilities. Located on Temple University's campus and along Philadelphia's iconic Broad Street, approximately two miles from Center City, this property is highly desirable and offers great long-term appreciation potential. Qualified investors can take advantage of this opportunity to acquire real estate in an irreplaceable location that showcases exceptional craftsmanship and timeless architecture, while also providing all the modern amenities that today's market demands. Further information available upon request.
Introducing Otto on the Park: a brand new construction, boutique luxury condo building in booming Brewerytown. Constructed by renowned developer Equinox and designed by Interface Studio Architects, this unparalleled new development brings luxury living and convenience to the Philadelphia marketplace. Premium lifestyle features include: covered and uncovered parking (1:1), private balconies, private penthouse rooftops, and a deluxe common amenity package with panoramic rooftop kitchen, lounge and dog run, elevator, dog wash station, tech-friendly lobby, Amazon package room, cycle storage and more. Full 10 year tax abatement and low condo fees. Striking architectural flair and curb appeal. Greet guests and visitors in style at one of the city's first port cocheres - a convenient and secure valet drive at the building entrance. Walk to Fairmount Park, the largest urban park in the USA with miles of trails, tennis, golf and more. Walkable to Girard Avenue, the hip neighborhood commercial corridor loaded with destination retail-driven breweries, restaurants, cafes and shops. Easy access to Center City and University City â just minutes to either downtown district and major transportation connections. Several units left to purchase in bulk (of the 32 units in total). Taxes, condo fees and SF are estimated. There is a full 10 year tax abatement. Buyer's responsibility to verify taxes, condo fees and square footages during due diligence.
Presenting this amazing opportunity to acquire the Stillman Portfolio of Brewerytown, a 17-unit, four-building multifamily portfolio located in Brewerytown. The Stillman Portfolio is a rare opportunity to purchase a new construction development uniquely positioned in the path of growth and poised to see significant rent increases in the proceeding years. The four buildings have nine years remaining on the tax abatement, and require no capital improvements. The portfolio consists of (3) two-bedroom and one-bathroom units and (14) two-bedroom and two-bathroom units. All units have luxury finishes throughout including engineered wood flooring, quartz countertops and stainless steel appliances in the kitchens. The units are equipped with modern tech upgrades with built-in surround sound speakers, a video doorbell system, and smart thermostats. There is a shared fenced-in outdoor area for tenants and a community roof deck with parapet walls for privacy. The Stillman Portfolio is located within walking distance to tons of restaurants, cafes, and shops on Girard Avenue, Brewerytownâs booming commercial corridor. The portfolio is within close proximity to the Philadelphia Museum of Art, Temple & Drexel University, Eastern State Penitentiary, the Schuylkill River Trail, and Fairmount Park. The location is easily accessible to and from Center City and surrounding suburbs via Girard Avenue, I-76, and I-676, and different public transportation methods. Taxes are not $0. Taxes and square footage is the responsibility of the buyer to have verified. Photos are of on unit at 1517 N Stillman.
Investor Alert! New Construction Triplex in booming Brewerytown Area. Here is the perfect opportunity to achieve strong rents with low operating costs. Live in one unit and rent out the others or rent out all and add to your investment portfolio. The property comes with a 10 Year Tax Abatement transferable to the new owner. Unit 1 is a Commercial Unit with finished basement, oversized windows, neutral flooring, sprinkler system, fire detection system, exit door to the backyard - backyard also has a door to street. Unit 2 is 1 bedroom, 1 bathroom with in unit washer / dryer. Unit 3 is a Bi-level, 2 bedroom, 1 bathroom unit in unit washer / dryer and an incredible roof deck. Both residential units boast modern kitchens and bathrooms, stunning, neutral colored engineered floors, washer and dryer and recessed lighting throughout. This property is close to restaurants, the Museum of Art, Kelly Drive , bike trails and parks. Close proximity to Center City, public transportation, and all major highways. Potential rents are: Commercial Unit, $3000, One bedroom $1300, Two Bedroom Bi Level Unit $1800
2000-06 College Avenue is a very rare and unique development opportunity in the heart of Francisville/Fairmount across from beautiful Girard College! Located in the Opportunity Zone. Perfect for a fabulous condominium or apartment development project! Many commercial/residential uses allowed, some requiring a variance. Each floor is mostly clear span except for an elevator shaft. Garage located under loft on the first floor. 13-14 foot soaring ceiling height. Original maple floors. Huge basement. Fantastic 360 degree roof-top deck potential. There is also an attached lot for some parking! Please see the Document section for the AT&T air rights.
Commercially Zoned Land in a quick developing neighborhood located in North Philadelphia.
Investors look no further!!!! This property has endless opportunities for an investor who is looking to rehab a space for a business. The first level to remain a commercial space however the buyer has the ability to build up to create residential housing. Located in an up and coming neighborhood full of amenities and close to public transportation. Property is being sold AS IS the seller will not be making any repairs, inspections are for informational purposes only. Listing agent or seller must be present during showings for safety reasons.
Investors! Here is a hot income producing commercial property for you...Located on popular Cecil B Moore Ave in Brewerytown PA. Currently this is a popular laundromat with two units occupied by long term renters. Will you be the next owner? Buying the business is also a separate option.
Here's a chance to snatch up this lot zoned CMX2. This has potential to have a huge commercial space and 2 units above (2nd and 3rd floor). Tenant occupied. The property is being sold AS-IS. Buyer is responsible to complete their own due diligence to confirm it's the right property for them.
Excellent Development Opportunity in Booming Sharswood neighborhood offering CMX-2 zoning with many possibilities. Develop into first floor commercial and possibly 2 residential apartments on the second & third floors. Hold for future growth & appreciation. Possible first floor opportunity for child care, religious assembly, safety services, business & professional, medical/dental or health practitioner, government, building supplies and equipment, some consumer goods, pets & pet supplies, convenience sale, wearing apparel & accessories. Property is being sold in As Is Condition. Walk Score 69 Transit Score 65 Bike Score 65. Just moments to Athletic Square Park, Jefferson Park, Oxford Food Shop, Bellargo, Berks St Crabs. Super easy access to Ridge Ave, Girard Ave, Route 13, Fairmount Park, Kelly Dr & I-76.
A historic landmark in a developing area ready for a new owner to fully utilize its potential. Located blocks from Temple University, just inside the intersection of Cecil B Moore and Ridge Ave. 2036 Cecil B Moore Ave offers a 14,000 square foot lot, with additional undeveloped space ready for a parking lot or extension. The former church offers beautiful stone, large archways, detailed stained glass, and opportunities for conversion. The land is zoned RM-1 and is a rectangular-shaped corner site offered as is. Surrounded by tons of new development and revitalization, this property is directly next to a YMCA and revitalized park. 3 minutes to Temple University! Public transportation is super easy, and the property is on a main street with easy access to Broad St and the Broad St line - .5 miles from Center City. Frontage -100/- ft along Cecil B Moore and 140/- ft along N 21st St.
Fantastic location near Temple University. The building is currently six units but lends itself to several different options to rehab the building. One option is rehab each floor into a large condo unit or keep it as 6 units and rehab each unit into modern student housing. Owner pays gas heat and cold/hot water, tenants pay electric.
