Property Description

All six buildings building qualifies for CRA financing, offering buyers the opportunity to purchase with as little as 3% down, no PMI, and an interest rate lower than FHA financing. An HWA Home Warranty is also included with the sale. Exceptional turnkey investment opportunity located between the Francisville and Sharswood neighborhoods, featuring six duplex buildings constructed in 2019 for a total of 12 luxury residential units. The properties benefit from four years remaining on the tax abatement, providing investors with strong cash flow and long-term appreciation potential. The portfolio consists of two bi-level floor plans: Unit A: 3 bedrooms and 2 bathrooms, with the den serving as the third bedroom. Each Unit A includes a private patio and currently rents for $1,750 per month. Unit B: 3 bedrooms and 3 bathrooms. Each Unit B features a private courtyard deck and roof deck, with current rents of $2,150 per month. Select units feature grey oak flooring throughout and contemporary finishes, including modern kitchens equipped with quartz countertops, full-height quartz backsplashes, white soft-close cabinetry, stainless steel appliances, stainless steel farm sinks, and oversized sit-down islands. Bathrooms are enhanced with custom vanities, modern tile designs, and rain shower heads. Additional interior amenities include recessed lighting throughout and in-unit stackable front-loading washer and dryer systems. Built with both security and efficiency in mind, the properties are equipped with ADT alarm systems, motion-detection cameras, Ring doorbells, ductless multi-zone HVAC systems, energy-efficient hot water systems, high-efficiency appliances, triple-pane windows, and heavily insulated walls and ceilings designed to maximize comfort and reduce utility costs. Key Bank is currently offering a $5,000 credit that may be combined with the Philly First $10,000 grant program, creating additional value and opportunity for future investors. The location offers outstanding accessibility, situated just five minutes from the Route 15 trolley at Girard Avenue and Ridge Avenue, providing convenient access to Broad Street, Center City, the Art Museum district, Fairmount, and Temple University. Residents also enjoy close proximity to neighborhood parks and recreational areas, including Francisville Playground, Franklintown Park, and Abraham Lincoln Playground. Tax IDs for the duplexes are: 471100410, 471100500, 471100610, 471100700, 471100800, and 471100900. Schedule your showing today.

Property Features

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