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This 5 year young quadplex in the sought-after South Kensington area offers a fantastic investment opportunity for both investors and owner occupants. With four spacious units, high-end finishes, hardwood floors, central air, in un it washer and dryer, shaker kitchen cabinets, quartz countertops and stainless steel appliances, plus outdoor area for relaxation, this property promises luxury and comfortable modern living. Existing full tax abatement with approximately 5 years remaining. The 4th unit is available making this a desirable owner occupied building. Breakdown of each unit: Unit 1: Listed $1995 Leased thru 2/28/25 -Bi-level layout, 1st fl and lower level -2 bedrooms and 2 bathrooms-1 per floor -Large private backyard Unit 2: Rented for $1850. Lease will expire 8/19/24 -Single-level layout -2 bedrooms and 2 bathrooms -Private rear balcony Unit 3: Rented $1895 Lease Ends 5/1/25 -Bi-level layout. -Living area on 1st floor and bedrooms on the 2nd level -2 bedrooms and 2.5 bathrooms -Private roof deck -Spiral Stair Case takes you to Roof deck access Unit 4: Rented for $1895 lease beings 3/23/2024 -Bi-level layout. -Living area on 1st floor and bedrooms on the 2nd level -2 bedrooms and 2 bathrooms -Private roof deck -Stair Case takes you to Roof deck access The property as a whole offers secure storage space, security and fire suppression alarm systems. Given its prime location in South Kensington, a sought-after area, this quadplex presents a golden opportunity for investors and owner occupants alike to enjoy upscale living or a valuable addition to their investment portfolio. The high-end finishes, modern amenities, and unique features of each unit make this property an enticing prospect. Don't miss out on the chance to become part of this exceptional opportunity!
Property Type(s):
Multi Family
| Last Updated | 4/9/2024 | Tract | OLDE KENSINGTON |
|---|---|---|---|
| Year Built | 2018 | Community | 19122 (19122) |
| County | PHILADELPHIA |
SCHOOLS
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Price History
| Prior to Apr 9, '24 | $1,680,000 |
|---|---|
| Apr 9, '24 - Today | $1,679,900 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19122 (19122) |
| CONSTRUCTION | Brick |
| HEAT | Central, Natural Gas |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 21.00 x 90.00 |
| PARKING | On Street |
| STYLE | Straight Thru |
| SUBDIVISION | OLDE KENSINGTON |
| TAXES | 1301 |
| WATER | Public |
Location
Listing provided by Compass Pennsylvania, LLC
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Data last updated: 1/9/25 11:22 PM PST
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