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Listed by Ryan J McManus • Keller Williams Liberty Place
$ 2,640,000
Est. payment | /mo
4,176 Sqft Lot
$ 2,640,000
Est. payment | /mo
4,176 Sqft Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Brewerytown
MLS Listing ID PAPH2545926
Year Built 2021
Annual Tax Amount $1,496
Tax Year 2025
Lot Size 4,176 Sqft
Acres 0.1
Lot Dimensions 16 x 87
Property Sub-Type Other
Source BRIGHT
Property Description
Welcome to College Nine, a boutique collection of three (3) turnkey new construction triplexes built in 2021, located along historic College Avenue in the booming Brewerytown section of Philadelphia,Pennsylvania. College Nine is easily walkable to all amenities, bars, breweries, restaurants and cafes along Girard Avenue commercial corridor. Each building contains three units; the lower unit (Unit 1) is bilevel and composed of 3bd x 3ba and a private back patio. Upper units (Units 2 and Unit 3) are composed of 1bd x 1ba full-floor layouts (flats), each with their own balcony. Fully-leased apartment property. High-demand real estate. Top-10 USA MSA. Redbrick curb appeal. Stylish, spacious units. FULL 10 year tax abatement coupled with minimal OPEX. Rent growth and appreciation forecast for years to come in this emerging submarket of Philly. 6% Pro Forma Cap Rate. Easy access into downtown Philly. Just 10 minutes to City Hall, the urban core. The scenic location overlooks historic Girard College — a Philadelphia institution. Ideal 1031 exchange. Enquire within for financials.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 291025200
Ownership Fee Simple
Special Listing Condition Standard
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Jon Tripp
REALTOR® | Lic# 225229424