Rarely offered NEW CONSTRUCTION triplex in Fishtown perfect for investors or owner occupants. This ideal investment property is located near all of the action on Frankford Ave restaurants, shops, bars and surrounded by new construction. This property features 3 units constructed with quality craftsmanship and upgraded finishes throughout and includes approved 10 Year Tax Abatement. The lot size is 18x106 allowing for large and spacious units, total building is approximately 5000 SF. Projected rents are approximately $5600/month or $67,200/annually. All units have separate utilities including separate water and electric meters. Some upgrades include large Pella aluminum clad windows, all brick and stone front, spray foam roof insulation, 600A electrical service, intercom system, and all units have their own private outdoor space. Each unit includes finished in place wide plank hardwood flooring, upgraded modern kitchens with quartz countertops, subway tile backsplash, stainless steel appliances, custom metal railings, washer/dryer in each unit, and video intercoms. Bathrooms have modern 12x24 porcelain tile and brushed nickel plumbing fixtures. Unit 1 ($2250) includes a large oversized bi-level 3bd/3ba with private large rear yard - Unit 2 ($1695) includes a bilevel 2bd/1.5ba with separate roof deck - Unit 3 ($1695) includes a bilevel 2bd/1.5ba with separate roof deck. A savvy investor could also convert this building into condos and sell each unit for over 300K. Possibilities are endless for this great investment opportunity in one of Philly's hottest neighborhoods.
Off market
$1,016,000
2308 E Lehigh Ave, Philadelphia, PA 19125
7beds
5,000sqft
MultiFamily
Built in 2018
-- sqft lot
$1,016,000 Zestimate®
$203/sqft
$2,861 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Heating
- Other, Electric
Cooling
- Central
Interior area
- Total interior livable area: 5,000 sqft
Property
Features
- Exterior features: Other
- Has view: Yes
- View description: Territorial
Lot
- Size: 1,907 sqft
Details
- Parcel number: 314252200
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Condition
- Year built: 2018
Community & neighborhood
Location
- Region: Philadelphia
Other
Other facts
- Construction Materials: Vinyl Siding, Brick
- Heating YN: Y
- Ownership Interest: Fee Simple
- Property Type: Multi-Family
- Three Bedroom Units Count: 1
- Structure Type: Detached
- Parking Features: Street
- Two Bedroom Units Count: 2
- Architectural Style: Other
- Tax Lot: 101
- Standard Status: Active Under Contract
- Tax Annual Amount: 703.0
- Type of Parking: On Street
- Pool: No Pool
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,016,000
2% more+ $20,320
With Zillow Showcase(estimated)
$1,036,320