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Sold for $280,000 on 04/17/23
  • $280,000

    2702 Dothan Plz, Philadelphia, PA 19153

    4beds
    --baths
    1,800sqft
    Townhouse
    Built in 1965
    -- sqft lot
    $328,600 Zestimate®
    $156/sqft
    $1,401 Estimated rent

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    What's special

    2702 Dothan Plaza is a boutique duplex (2 units) with garage parking in the Eastwick submarket of Philadelphia, Pennsylvania (right by PHL International Airport). The subject property is part of a larger portfolio of extremely well-maintained boutique apartment buildings offered by Ownership as a package sale of 5 buildings (25 units) plus a rarely offered 15-unit prime multifamily development parcel in the desirable "Italian Market" area of South Philadelphia. "The Properties" are located within 1.5M of one another, with the exception of one asset that is located near Philadelphia International Airport (ideal Airbnb conversion). "The Portfolio" offers tremendous critical mass in one of the most attractive locations in Philadelphia. 3 of 5 properties are located right off Cianfrani Park, a popular neighborhood attraction. "The Properties" are walkable to many of South Philly's top amenities, parks, restaurants, cafes, schools and transit stops. This is a generational acquisition opportunity to purchase high-performing multifamily assets with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained each asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating "The Portfolio" as is. "The Portfolio" is 100% leased and occupied, including the two (2) commercial spaces. "The Portfolio" consists of: 736 S 8th St; 763-5 S 8th St; 2702 Dothan Plaza; 1327 Snyder Ave; 1425 Jackson St.

    Zillow last checked: 8 hours ago

    Listing updated: April 19, 2023 at 05:42am

    Listed by:

    Ryan McManus 610-606-1095,

    Compass RE,

    Co-Listing Agent: Jie Li 215-882-2575,

    Compass RE

    Bought with:

    George A Moscony, RM061062A

    George A Moscony Real Estate

    Source: Bright MLS,MLS#: PAPH2141754MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,800
    • Total interior livable area: 1,800 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Other, Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    • Has view: Yes
    • View description: City
    Lot
    • Size: 1,802 sqft
    • Dimensions: 20.00 x 90.00
    • Features: Urban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 405906400
    • Zoning: RM1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Masonry, Brick
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Eastwick
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $328,600
    2% more+$6,572
    With Zillow Showcase(estimated)$335,172