Investments Sales Management

230 S 46TH STREET

PHILADELPHIA , PA 19139

MLS#: PAPH2425752

$1,321,000

Status: Closed
Listing number: PAPH2425752
Listing provided by: Hightop Real Estate LLC
Listing agent phone: None
Last update: 6 months ago
Browse Properties
SPRUCE HILL - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2024

Sq.Footage

N/A

Welcome to 230 S 46th Street - An amazing investment opportunity in Spruce Hill. Step into luxury living with this newly developed FIVE unit building consisting of 1- 2bd/1ba, 1 - 3bd/2ba, 2 - studios, 1 - 2bd/2ba, and 1 OFF STREET PARKING SPOT. This building has been gutted to the studs with BRAND NEW plumbing electric, sprinkler system, and HVAC. Crafted with precision, designed for comfort, each unit offers a blend of modern elegance and timeless charm. Private rear shared outdoor space perfect for entertaining or relaxing. 7.38 Cap Rate!!! Units Features - Spacious floor plans bathed in natural light, Gourmet kitchens equipped with state-of-the-art Samsung appliances and sleek countertops, and luxurious bathrooms boasting spa-like amenities with exquisite finishes Current rent roll 2bd/2ba $1993 3bd/2ba $2500 Studio $1310 Studio $1310 2bd/1ba Projected $1800 $108,156 Annual Rent 7.38 CAP!! $97,382 NOI Low operating expenses - Approved Tax abatement with brand new mechanical systems.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    None, Electric

  • Heating YN

    YES

  • Heating

    Electric, Central

Exterior

  • Garage

    No

  • Parking

    Paved, Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,321,000

  • Tax Amount

    2774.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

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 Mark Benevento II , Hightop Real Estate 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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Welcome to 230 S 46th Street - An amazing investment opportunity in Spruce Hill. Step into luxury living with this newly developed FIVE unit building consisting of 1- 2bd/1ba, 1 - 3bd/2ba, 2 - studios, 1 - 2bd/2ba, and 1 OFF STREET PARKING SPOT. This building has been gutted to the studs with BRAND NEW plumbing electric, sprinkler system, and HVAC. Crafted with precision, designed for comfort, each unit offers a blend of modern elegance and timeless charm. Private rear shared outdoor space perfect for entertaining or relaxing. 7.38 Cap Rate!!! Units Features - Spacious floor plans bathed in natural light, Gourmet kitchens equipped with state-of-the-art Samsung appliances and sleek countertops, and luxurious bathrooms boasting spa-like amenities with exquisite finishes Current rent roll 2bd/2ba $1993 3bd/2ba $2500 Studio $1310 Studio $1310 2bd/1ba Projected $1800 $108,156 Annual Rent 7.38 CAP!! $97,382 NOI Low operating expenses - Approved Tax abatement with brand new mechanical systems.

230 S 46TH STREET

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