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1225 Leopard Street

PHILADELPHIA, PA 19125
  • $2,600,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: PAPH2311032
$2,600,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2022
County:

School Ratings & Info

School District:

Description

Amazing opportunity to own a SIX unit brick apartment building with massive roof deck in a prime Fishtown location! This stylish new construction building was completed in spring of 2022 and is just a half a block from bustling Frankford Ave and the El (subway), the location can+GGt be beat. Annual rent roll for 2023 was $177,000. Two (2) ground floor units are bi-level and include 2 bedrooms, 2 full bathrooms, and large private yards. Two (2) second floor units include 1 bedroom, 1 bathroom, and shared balconies. Two (2) third floor units are bi-level and include 2 bedrooms with shared balconies, 2 en-suite bathrooms, 1 half bathroom and private balconies on the main living level. In addition to the private yards and balconies offered with each unit, all units share a large 1500+ sqft common roof deck with panoramic views of the city skyline. Black Pella windows with built-in blinds between the glass, spray foam insulation throughout, PEX plumbing manifold, fiberglass roof, security surveillance system, custom steel security gate and bike room gate, recessed LED lighting, matte black hardware and fixtures+G- Large kitchens include gas cooking, stainless appliances, quartz counters, and tiled backsplash. Water and scratch resistant luxury vinyl wood flooring throughout, the perfect long lasting flooring choice for durability with tenants and pets. Tile flooring in lower level. All units include washer/dryers, double sink vanities, great closet space, and stylish finishes throughout. Each unit having outdoor space is a rare find in apartment buildings and added bonus! Full 10 year tax abatement was applied for and pending approval. Taxes in public records may not be accurate and are being disputed to be lowered. Large irregular lot, approximately 40' wide and 56' deep, allows for spacious units and outdoor living spaces. Steps away from public transportation, restaurants, coffee shops, gyms, galleries, parks, vibrant nightlife, and everything else that Fishtown offers! Initial showings will consist of common areas, mechanical room, surveillance room, and unit 3 which is recently unoccupied and listed for rent.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-27T23:53:22.15.
www.newhometeammd.com/homes/146507438
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1225 Leopard Street PHILADELPHIA, PA 19125

  • Price: $2,600,000
  • Status: Active
  • On Site: 49 Days
  • ID#: PAPH2311032
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2022
Built
Neighborhood:
19125 (19125)
County:
Philadelphia
Area:
19125 (19125)
School District:
Philadelphia City
Property Description
Amazing opportunity to own a SIX unit brick apartment building with massive roof deck in a prime Fishtown location! This stylish new construction building was completed in spring of 2022 and is just a half a block from bustling Frankford Ave and the El (subway), the location can+GGt be beat. Annual rent roll for 2023 was $177,000. Two (2) ground floor units are bi-level and include 2 bedrooms, 2 full bathrooms, and large private yards. Two (2) second floor units include 1 bedroom, 1 bathroom, and shared balconies. Two (2) third floor units are bi-level and include 2 bedrooms with shared balconies, 2 en-suite bathrooms, 1 half bathroom and private balconies on the main living level. In addition to the private yards and balconies offered with each unit, all units share a large 1500+ sqft common roof deck with panoramic views of the city skyline. Black Pella windows with built-in blinds between the glass, spray foam insulation throughout, PEX plumbing manifold, fiberglass roof, security surveillance system, custom steel security gate and bike room gate, recessed LED lighting, matte black hardware and fixtures+G- Large kitchens include gas cooking, stainless appliances, quartz counters, and tiled backsplash. Water and scratch resistant luxury vinyl wood flooring throughout, the perfect long lasting flooring choice for durability with tenants and pets. Tile flooring in lower level. All units include washer/dryers, double sink vanities, great closet space, and stylish finishes throughout. Each unit having outdoor space is a rare find in apartment buildings and added bonus! Full 10 year tax abatement was applied for and pending approval. Taxes in public records may not be accurate and are being disputed to be lowered. Large irregular lot, approximately 40' wide and 56' deep, allows for spacious units and outdoor living spaces. Steps away from public transportation, restaurants, coffee shops, gyms, galleries, parks, vibrant nightlife, and everything else that Fishtown offers! Initial showings will consist of common areas, mechanical room, surveillance room, and unit 3 which is recently unoccupied and listed for rent.
Exterior Features

Construction Materials BrickConcreteCPVC/PVCMasonrySpray Foam InsulationStick BuiltVinyl SidingOther Garage YN No Lot Features Irregular Parking Types None Property Condition Excellent Riparian Rights YN No Roof Fiberglass View CityPanoramic Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7700.00 Cooling Central A/C Heating Hot Water Heating YN Yes Net Square Feet 7300.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Apartment Building Central Air YN Yes Construction Completed YN Yes Cooling Fuel Natural Gas Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN Yes Number Of Units Total 6 Original MLSNumber 802805957344 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 6863.00 Tax Assessment Amount 490300.00 Tax Lot 118 Total Actual Rent 177000.00 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of Coldwell Banker Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-27T23:53:22.15.
 
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