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. All of this building's mechanicals are brand new including 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.
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
Projected rent roll $109,000
NOI $92,650
Cap Rate 6.65%
Low operating expenses - Approved Tax abatement & New Mechanicals
Property Type :
Multi-Family
Subdivision :
Spruce Hill
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 05/06/2024 @ 03:16
MLS: PAPH2346056
LISTED BY: Mark Benevento II , Hightop Real Estate LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
