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Christopher D Schepis
TCS Management, LLC
215-383-1439
Situated in the burgeoning neighborhood that borders Graduate Hospital and Point Breeze, 2646-48 Manton St offers a fantastic investment opportunity. This triplex comprises three fully occupied residential condominium units, consisting of (2) two-bedroom units and (1) three-bedroom unit. Each unit boasts contemporary finishes, in-unit washer and dryers, central air conditioning, and generous ceiling heights. The property presents the option for a new owner to sell off individual condo units if desired. Conveniently located within walking distance of a neighborhood shopping plaza anchored by The Fresh Grocer, as well as a diverse selection of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors, residents have access to a plethora of amenities. Easy commuting is facilitated by the nearby Schuylkill Expressway (Interstate 76), providing swift access to University City and Center City. Furthermore, residents enjoy close proximity to Pennovation Works, the University of Pennsylvania's expansive 23-acre innovation hub. Additionally, the property includes basement storage units in 2648 (available for tenants in units #2 and #3) and a 650± SF roof deck for Unit #3. With a current monthly rental income of $6,190 and a 6.5% pro forma cap rate, this property represents an enticing investment opportunity in the heart of Grays Ferry.
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Water Source : Public
Roof : Fiberglass
Basement Description: Fully Finished,Rear Entrance
Property Appliances: Stove,Refrigerator,Microwave
Fiberglass
Cooling: Central A/C
Heating: Central
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Window Treatments: Double Pane
Year Built: 2020
Structure: Interior Row/Townhouse
Major Appliances: Stove,Refrigerator,Microwave
New Construction: No
Total Units: 3
Built: 2020
Construction Material: Brick
Roof: Fiberglass
Foundation/Basement: Concrete Perimeter
Architecture: Traditional
Pool/Private: No Pool
Roof Type: Fiberglass
Pool: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 733
Lot Size (Acres): 0.02
Architectural Style: Traditional
Main Square Feet: 733
SQ ft: 3,086
SQ ft (Living Area): 3,086
Total Lot SQ ft: 733
Subdivision: GRAYS FERRY
Financing: Conventional,Cash
Total Acreage: 0.02
New Construction: No
Type: Traditional
Possession: Settlement
Days Of Market: 30
Annual Tax: $326
Tax Year: 2020
Total Taxes Payment Frequency: Annually
Settlement
Taxes Assessment Amount: $23,300
Parking Type: On Street
Has Garage: N
Acceptable Financing: Conventional,Cash
Roof: Fiberglass
Direction: The property is situated within blocks of a neighborhood shopping plaza anchored by The Fresh Grocer as well as an array of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors. Residents enjoy easy access to the Schuylkill Expressway (Interstate 76) for a commute to University City and Center City
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Direction: The property is situated within blocks of a neighborhood shopping plaza anchored by The Fresh Grocer as well as an array of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors. Residents enjoy easy access to the Schuylkill Expressway (Interstate 76) for a commute to University City and Center City
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
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1338 S Stanley Street , Philadelphia, PA,19146 | $89,900 | -- | -- | 714 | 714 Sqft |
2235 Cross Street , Philadelphia, PA,19146 | $195,000 | 3 | 1.5 | -- | 707 Sqft |
1438 S Colorado Street , Philadelphia, PA,19146 | $395,000 | 3 | 2.5 | 1,261 | 624 Sqft |
1520 S 31st Street , Philadelphia, PA,19146 | $54,000 | -- | -- | 767 | 767 Sqft |
1323 S Lambert Street , Philadelphia, PA,19146 | $139,000 | -- | -- | 658 | 658 Sqft |
1325 S Lambert Street , Philadelphia, PA,19146 | $139,000 | -- | -- | 644 | 644 Sqft |
1327 S Lambert Street , Philadelphia, PA,19146 | $139,000 | -- | -- | 644 | 644 Sqft |
1329 S Lambert Street , Philadelphia, PA,19146 | $139,000 | -- | -- | 644 | 644 Sqft |
1414 S Taylor Street , Philadelphia, PA,19146 | $175,000 | -- | -- | 681 | 681 Sqft |
2534 Annin Street , Philadelphia, PA,19146 | $110,000 | -- | -- | 608 | 608 Sqft |
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ByOwner last updated this listing 05/06/2024 @ 09:04
MLS: PAPH2331542
LISTED BY: Christopher D Schepis , TCS Management, 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.