2339 North College Avenue
2339 North College Avenue
$1,150,000
8
8
4,510
4,510
$255
Description
Welcome to 2339 n. College Ave, a rarely offered 4 unit multi family building in BREWERYTOWN brought to you by one of Philadelphias top boutique development firms, AXE PHILLY. Property highlights include 7-Years left on the a FULL 10 Year Tax Abatement, 7% CAP RATE with $92,400 in Gross Income, an opportunity to legalize parking in the year as this parcel runs street to street sitting on a 16 by 109 LOT, designer finishes, and a FULLY FURNISHED UNIT 1 that was previously being used as a short term...Welcome to 2339 n. College Ave, a rarely offered 4 unit multi family building in BREWERYTOWN brought to you by one of Philadelphias top boutique development firms, AXE PHILLY. Property highlights include 7-Years left on the a FULL 10 Year Tax Abatement, 7% CAP RATE with $92,400 in Gross Income, an opportunity to legalize parking in the year as this parcel runs street to street sitting on a 16 by 109 LOT, designer finishes, and a FULLY FURNISHED UNIT 1 that was previously being used as a short term rental. These apartments adhere to the highest building standards and boast top-quality finishes. With lofty ceilings and expansive windows, natural light floods each unit, imbuing them with a uniquely luxurious ambiance. Step into luxury with vinyl wood flooring throughout, complemented by sleek, modern touches. Each unit boasts a well-appointed kitchen equipped with stainless steel appliances, quartz counter tops that run up the backsplash, catering perfectly to culinary enthusiasts. All four units feature 2 bedrooms and 2 bathrooms, spanning from the basement to the third floor, with convenient laundry facilities and private outdoor space for each unit. Unit 1 - Located in the basement with 2 bedrooms, and 2 bathrooms for $1,800/mo. with walk out patio. (projected as currently setup as a short term rental)
Unit 2 - Located on the 1st floor with 2 bedrooms, and 2 bathrooms, with backyard access for $1,950/mo. Unit 3 - Located on the 2nd floor with 2 bedrooms, and 2 bathrooms for $1,850/mo. with private deck
Unit 4 - Located on the 3rd floor with 2 bedrooms, and 2 bathrooms, with roof deck patio access for $2,100/mo. (projected, tenant just moved out)
TOTAL- $7700/mo. or $92,400 a year
Situated across from Girard College, enjoy added security with the wide street and enhanced street lighting. Explore the vibrant nightlife and dining scene of Girard Ave, just a short 2-minute stroll away and less than 1 mile from the Art Museum, Whole Foods, and Fairmount Park. Rent growth is inevitable with over 100+ permits pulled in the area (see photo attached)
Unit 2 - Located on the 1st floor with 2 bedrooms, and 2 bathrooms, with backyard access for $1,950/mo. Unit 3 - Located on the 2nd floor with 2 bedrooms, and 2 bathrooms for $1,850/mo. with private deck
Unit 4 - Located on the 3rd floor with 2 bedrooms, and 2 bathrooms, with roof deck patio access for $2,100/mo. (projected, tenant just moved out)
TOTAL- $7700/mo. or $92,400 a year
Situated across from Girard College, enjoy added security with the wide street and enhanced street lighting. Explore the vibrant nightlife and dining scene of Girard Ave, just a short 2-minute stroll away and less than 1 mile from the Art Museum, Whole Foods, and Fairmount Park. Rent growth is inevitable with over 100+ permits pulled in the area (see photo attached)
- Listed by Ryan Stawasz • KW EmpowerP: 2157606291 ryan@tsg.homes
Property Details for 2339 North College Avenue
Tax ID Number
291029900
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleTraditional
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirYes
Location
LISTING UPDATED: 05/28/2024 10:24 AM
Property Details for 2339 North College Avenue
Status | Active |
---|---|
MLS # | PAPH2346866 |
Days on Market | 34 |
Taxes | $2,313 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1920 |
Lot Size | 0.04 AC / 1,740 SF |
County | Philadelphia County |
Location
Building Information for 2339 North College Avenue
Stories-Residences4Year Built1920Building Size-Lot Size0.04 AC / 1,740 SF
Payment Calculator
$6,469 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2339 North College Avenue
Property History for 2339 North College Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2339 North College Avenue
Taxable ValueLand-Additions-Total-
Tax Record2023$2,313 ($193 / month)
Home Facts
Beds12Total Finished SqFt3,445 SqFtAbove Grade Finished SqFt3,445 SqFtStories3Lot Size1,740 SqFtStyleCondominiumYear Built1920ZoningRM1CountyPHILADELPHIAAPN29-1-0299-00
Schools near 2339 North College Avenue
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Morris Robert School PublicPK to 8 | ||
Vaux HS: A Big Picture School Public9 to 12 | ||
Masterman Julia R Secondary School Public5 to 12 | ||
Franklin LC Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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