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Philadelphia,PA 19121
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2419446
Originating Board BRIGHT
Year Built 2022
Annual Tax Amount $46,039
Tax Year 2024
Lot Size 4,333 Sqft
Acres 0.1
Lot Dimensions 0.00 x 90.00
Property Description
The Bordeaux Apartments offers a lucrative investment opportunity in Brewerytown. This new construction mixed-use property boasts 16 modern apartment units and 2 commercial spaces, providing a diverse revenue stream. The apartments feature a mix of studios, one, and two-bedroom units with modern finishes, high ceilings, large windows, and in-unit washer/dryers. 9 years remaining on full tax abatement.
Located just 10 minutes from Downtown Philadelphia, residents will enjoy convenient access to the city's vibrant attractions. The apartment building is situated in a historic neighborhood surrounded by trendy eateries like Rybrew and cultural landmarks such as Eastern State Penitentiary and The Philadelphia Museum of Art. With a strong pro forma and a competitive CAP rate, The Bordeaux Apartments present a promising opportunity for investors looking to capitalize on Philadelphia's growing economy.
Don't miss out on this chance to be part of one of Philly's up-and-coming neighborhoods!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX25
Interior
Hot Water Electric
Heating Ceiling
Cooling Ductless/Mini-Split
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility Elevator
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 881070278
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard