Introducing 1728 Folsom DUPLEX!!!. Located in one of the hottest neighborhoods in Philadelphia Fairmount ; Spring Garden!!! This Brand NEW CONSTRUCTION boasts upgraded modern finishes with careful attention to every detail. The building has 2 units. Live in one and rent the other out, or receive rental income from both units. Fairmount is booming and the rental market is strong here. Unit 1 is a 2bd ; 2ba Bi-level apartment with a massive 210 Sq. ft rear yard and pro forma rent of 2,300/month. Unit 2 is a 2bd ; 2ba Bi-level apartment with a skyline roof deck, pro forma rent of 2,600/month. Pro forma annual rent: $58,800, Pro forma CAP: 6 %. Both Unit's feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Hardwood floors & recessed LED lighting. All kitchens have modern cabinetry, tile back splash, granite countertops, stainless steel appliances. There is ample closet space and W/D in both units. This fabulous location is near all the amenities on Fairmount Ave including Dry-cleaning, CVS, Rite-Aid, Whole Foods, Target, Wawa and more! High Walk Score for Walkability, Transit, and Bike-ability. It takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. 30th Street Station, Boathouse Row, Kelly Drive and I-76. Approved 10-year TAX ABATEMENT and 1 yr Builder Warranty. Brought to you by Unity Developers. Great property for OWNER OCCPANT ; 1031 EXCHANGE or INVESTORS!
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