JUSTIN KIERSTEAD

Description

Massive price reduction!! Amazing opportunity to own this beautiful new triplex with garage and shared roof deck in the desirable Graduate Hospital neighborhood of Philadelphia. Just a few blocks from Rittenhouse Square, Broad St subway line, parks, restaurants, shopping, theatre and more! There is a FULL 10 year tax abatement starting Jan 2025 until Jan 2035... not the new and less appealing abatement that reduces by 10% each year!!! Enjoy low taxes currently at $3,378/year (compare that number to comparable buildings in Grad Hospital)!! Live in one unit and rent out the others while taking advantage of buying with only 5% down with Fannie Mae's new loan option! Two large 1 bedroom/1.5 bath units, one studio apartment, and 1 car garage. Upper units are currently rented for $2250/mo and $2200/mo. Studio is rented at $1500/mo. Garage is rented by a neighbor at $300/mo. Built by the seller with no expenses spared and no intention of selling, the building features black sound transmission class Pella windows with built-in blinds between the glass, spray foam insulation throughout, PEX plumbing manifold, fiberglass roof, security surveillance system, sprinkler system, recessed LED lighting, commercial grade security garage door, and more. There is no lack of outdoor space in this building with the large fiberglass shared roof deck with stunning skyline views, spacious rear balcony for the 2nd floor unit, and backyard for the studio apartment. All units have exceptional ceiling height, recessed lighting, quartz counters with marble backsplash, matte black fixtures and hardware, gas cooking, washer/dryer in every unit, and scratch and water resistant luxury wood vinyl flooring which is ideal for durability with tenants and pets. Garage and studio could likely rent for higher than current rents. Steps away from public transportation, restaurants, coffee shops, gyms, galleries, dog parks, and everything else that this thriving neighborhood has to offer! Don't miss your opportunity to own this stylish new multi-family apartment building with large garage in a prime center city location.

Features