Rarely offered NEW CONSTRUCTION triplex in Fishtown perfect for investors or owner occupants. This ideal investment property is located near all of the action on Frankford Ave restaurants, shops, bars and surrounded by new construction. This property features 3 units constructed with quality craftsmanship and upgraded finishes throughout and includes approved 10 Year Tax Abatement. The lot size is 18x106 allowing for large and spacious units, total building is approximately 5000 SF. Projected rents are approximately $5600/month or $67,200/annually. All units have separate utilities including separate water and electric meters. Some upgrades include large Pella aluminum clad windows, all brick and stone front, spray foam roof insulation, 600A electrical service, intercom system, and all units have their own private outdoor space. Each unit includes finished in place wide plank hardwood flooring, upgraded modern kitchens with quartz countertops, subway tile backsplash, stainless steel appliances, custom metal railings, washer/dryer in each unit, and video intercoms. Bathrooms have modern 12x24 porcelain tile and brushed nickel plumbing fixtures. Unit 1 ($2250) includes a large oversized bi-level 3bd/3ba with private large rear yard - Unit 2 ($1695) includes a bilevel 2bd/1.5ba with separate roof deck - Unit 3 ($1695) includes a bilevel 2bd/1.5ba with separate roof deck. A savvy investor could also convert this building into condos and sell each unit for over 300K. Possibilities are endless for this great investment opportunity in one of Philly's hottest neighborhoods.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
