710 South American Street
Description
apartment building located in the coveted Queen Village submarket of Philadelphia,
Pennsylvania. With 13 units and 30 parking spaces in a private, secure garage, Bainbridge
Lofts provides residents with the ultimate urban lifestyle rooted in convenience and character. With exposed brick and beam throughout the property, tenants feel instantly at home, tucked
away on a quiet, extremely well-maintained street (the...Introducing "Bainbridge Lofts" at 710-16 South American Street: a turnkey, stabilized loft
apartment building located in the coveted Queen Village submarket of Philadelphia,
Pennsylvania. With 13 units and 30 parking spaces in a private, secure garage, Bainbridge
Lofts provides residents with the ultimate urban lifestyle rooted in convenience and character. With exposed brick and beam throughout the property, tenants feel instantly at home, tucked
away on a quiet, extremely well-maintained street (the property runs from South 3rd Street to
American Street) in a location that's walkable to many of the city's top restaurants, cafes,
parks and shops. Hardwood floors, stainless steel appliances, quartz countertops, spiral
staircases, shaker cabinetry and exposed ductwork lend additional interior appeal, while the
redbrick facade provides immediate curb appeal. Assumable financing is in place (subject to
lender approval) with a highly-attractive 4.85% interest rate through November 1st 2027, with
a 5-year extension option available through 2032. Generational blue-chip multifamily assets
such as Bainbridge Lofts rarely come to market due to limited supply in the residential
neighborhoods they inhabit. Tangible rental upside exists for new ownership to raise rents via
cosmetic enhancements if desired. This could be done on an unobtrusive basis (unit by unit
rather than full building) so as to not disturb the existing tenant base. Located just outside of
the urban core in a tranquil setting with convenient connections to all of Philly's main arteries
and roadways, Bainbridge Lofts is positioned for sustainable demand for decades to come. Buyer responsible to verify taxes, SF and financials in DD. 48hr notice to tour (tenant occupied).
- Listed by Ryan J McManus • Keller Williams Liberty PlaceP: (610)-606-1095 ryan@agentphl.com
Property Details for 710 South American Street
Property Details for 710 South American Street
| Status | Active |
|---|---|
| MLS # | PAPH2414086 |
| Days on Market | 27 |
| Taxes | $53,924 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.23 AC / 9,924 SF |
| County | Philadelphia County |
Building Information for 710 South American Street
Property Information for 710 South American Street
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19147 (19147)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $3,852,296
- Year Assessed: 2024
- Improvement Assessed Value: $3,259,331
- City Town Tax: $23,726
- Land Assessed Value: $592,965
- Clean Green Assessed: No
- Land Use Code: CA0
- Historic: No
- Zoning: RM1
- Tax Lot: 460
- School Tax: $30,198
- Automatically Update Tax Values Y/N: No
- Single Room Units Count: 2
- One Bedroom Units Count: 8
- Two Bedroom Units Count: 2
- Three Bedroom Units Count: 1
- Year Major Reno Remodel: 2014
- Building Level Count: 3
- Building Units Total: 4
- Total Finished SQFT: 30,250.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 30,250.00
- Total SQFT Source: Estimated
- Construction Materials: Masonry
- Flooring Type: Hardwood
- Lot Size Source: Estimated
- Lot Size Dimensions: 55.00 x 100.00
- Lot Dimensions Source: Estimated
- Parcel ID: 1419078
- Type Of Parking: None
- Accessibility Features: Other
- Security Features: Exterior Cameras
- Pool: No Pool
- Other Structures: Above Grade
- Heating: Yes
- Cooling Type: Central A/C, Wall Unit
- Cooling Fuel: Electric, Natural Gas
- Heating Type: Central, Wall Unit
- Heating Fuel: Natural Gas, Electric
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Greater Philadelphia Association of REALTORS
Property History for 710 South American Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 710 South American Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Meredith William M School PublicK to 8 | ||
Furness Horace High School Public9 to 12 | ||
Constitution High School Public9 to 12 | ||
Academy At Palumbo 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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Listing Courtesy of Keller Williams Liberty Place
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.