1625 Point Breeze Avenue
$1,200,000
5
4
4,506
4,506
$266
New Construction
Description
This prime investment opportunity in Point Breeze features a stunning, newer construction boutique 5-unit building, completed in 2018, with a proven rental history. Offering modern amenities and high-end finishes, this property provides an exceptional opportunity for investors seeking a well-located, income-generating asset in a rapidly developing neighborhood. The building consists of spacious, thoughtfully designed units, each featuring premium finishes. Units 1L and 1R, located on the first floor,...This prime investment opportunity in Point Breeze features a stunning, newer construction boutique 5-unit building, completed in 2018, with a proven rental history. Offering modern amenities and high-end finishes, this property provides an exceptional opportunity for investors seeking a well-located, income-generating asset in a rapidly developing neighborhood. The building consists of spacious, thoughtfully designed units, each featuring premium finishes. Units 1L and 1R, located on the first floor, are both 1-bedroom, 1-bathroom apartments with access to a large, fenced backyard and 500+ square feet of private basement space for additional storage or use. Unit 2R is a generously sized 2-bedroom, 1-bathroom apartment, while Unit 2L offers a 1-bedroom, 1.5-bathroom layout with ample living space. The standout unit, Unit 3, occupies the entire 3rd floor and boasts 3 bedrooms, 2 bathrooms, two private balconies, and a dedicated home office area. Each unit features high ceilings, luxury vinyl plank flooring, spacious eat-in kitchens with modern countertops, Whirlpool stainless steel appliances, and in-unit laundry. The property is ideally located for easy commuting, with quick access to the Broad Street subway line and multiple bus routes. Tenants are responsible for all utilities, including a flat water fee. Annual property expenses include insurance ($3,887), fire alarm service ($1,764), common electric ($550), and water/fire service ($335). A tax appeal is currently in progress, with the goal of reinstating the tax abatement by year-end. Conveniently situated near popular local spots such as Target, Sprouts, Starbucks, Two Eagles Cafe, The Fresh Works, On Point Bistro, and American Sardine Bar, this property also offers easy access to major highways including I-95 and I-76. With spacious units, outdoor space, and the added bonus of private basement storage, this property represents a must-see opportunity for any investor. Schedule a showing today to explore this exceptional investment!
- Listed by Jennifer Grosskopf • KW EmpowerP: (215)-498-4010 jengrosskopf@gmail.com
Property Details for 1625 Point Breeze Avenue
Tax ID Number
881450742
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleContemporary
WaterfrontNo
GarageNo
SubdivisionPOINT BREEZE
SubdivisionPOINT BREEZE (PHILADELPHIA PA)
LISTING UPDATED: 11/12/2024 03:11 PM
Property Details for 1625 Point Breeze Avenue
Status | Active |
---|---|
MLS # | PAPH2419398 |
Days on Market | 49 |
Taxes | $13,998 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2018 |
Lot Size | 0.05 AC / 2,008 SF |
County | Philadelphia County |
Building
Building Information for 1625 Point Breeze Avenue
Stories-Residences-Year Built2018Building Size-Lot Size0.05 AC / 2,008 SF
Property Information for 1625 Point Breeze Avenue
Property History for 1625 Point Breeze 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.
Schools near 1625 Point Breeze Avenue
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mcdaniel Delaplaine School PublicK to 8 | ||
South Philadelphia High School Public9 to 12 | ||
Gamp Public5 to 12 | ||
Creative And Performing Arts 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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