Investments Sales Management

Loft, Unit/Flat

4214 POWELTON AVENUE

PHILADELPHIA , PA 19104

MLS#: PAPH2269866

$1,250,000

Status: Closed
Listing number: PAPH2269866
Listing provided by: Compass Pennsylvania, LLC
Listing agent phone: None
Last update: 1 year, 10 months ago
On site: 1 year, 10 months ago
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Property

Beds

9

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

4,200

**Offering Memorandum is available in 'documents' with all relevant info. Property is fully leased with a total rent roll of $9,050/month. NOI - $86,880 Cap Rate - 7% Property has approved FULL 10 yr tax abatement (no step down) and is located in QOZ. 4214 Powelton Ave is a brand new 4 unit building located just north of Drexel University’s main campus and directly across the street from Drexel’s athletic facilities in the highly coveted ‘University City’ neighborhood. The property consists of 3 two bedroom/two bath units and 1 three bedroom two bath unit. Each unit has private outdoor space and the entire building is set back from the row next to it, giving the entryway a secluded, luxurious feel. 150 feet from our property at the corner of 42nd & Powelton Ave you’ll find the bus stop for the Powelton/SpringGarden Drexel line with service directly into the heart of University City at 33rd & Market. The agent representing the property has an owner/financial interest in the property.

Features & Amenities

Interior

  • Total Bedrooms

    9

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4200.0

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Loft, Unit/Flat

Price

  • Sales Price

    $1,250,000

  • Tax Amount

    2094.0

  • Sq. Footage

    4, 200

  • Price/SqFt

    $297

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

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Location

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PHILADELPHIA

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Listing Courtesy of Andrew Joseph Yeager , Compass Pennsylvania, LLC

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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**Offering Memorandum is available in 'documents' with all relevant info. Property is fully leased with a total rent roll of $9,050/month. NOI - $86,880 Cap Rate - 7% Property has approved FULL 10 yr tax abatement (no step down) and is located in QOZ. 4214 Powelton Ave is a brand new 4 unit building located just north of Drexel University’s main campus and directly across the street from Drexel’s athletic facilities in the highly coveted ‘University City’ neighborhood. The property consists of 3 two bedroom/two bath units and 1 three bedroom two bath unit. Each unit has private outdoor space and the entire building is set back from the row next to it, giving the entryway a secluded, luxurious feel. 150 feet from our property at the corner of 42nd & Powelton Ave you’ll find the bus stop for the Powelton/SpringGarden Drexel line with service directly into the heart of University City at 33rd & Market. The agent representing the property has an owner/financial interest in the property.

4214 POWELTON AVENUE

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