2339 N College Avenue
Philadelphia, PA 19121
- – beds
- – baths
- 4,510 sqft
- 1,740 sqft lot
- $254 per sqft
- 1920 build
Welcome to 2339 n. College Ave, a rarely offered 4 unit multi family building in BREWERYTOWN brought to you by one of Philadelphias top boutique development firms, AXE PHILLY. Property highlights include 7-Years left on the a FULL 10 Year Tax Abatement, 6.4% CAP RATE with $85,332 in Gross Potential Income, an opportunity to legalize parking in the year as this parcel runs street to street sitting on a 16 by 109 LOT, designer finishes, and a FULLY FURNISHED UNIT 1 that was previously being used as a short term rental. These apartments adhere to the highest building standards and boast top-quality finishes. With lofty ceilings and expansive windows, natural light floods each unit, imbuing them with a uniquely luxurious ambiance. Step into luxury with vinyl wood flooring throughout, complemented by sleek, modern touches. Each unit boasts a well-appointed kitchen equipped with stainless steel appliances, quartz counter tops that run up the backsplash, catering perfectly to culinary enthusiasts. All four units feature 2 bedrooms and 2 bathrooms, spanning from the basement to the third floor, with convenient laundry facilities and private outdoor space for each unit. Unit 1 - Located in the basement with 2 bedrooms, and 2 bathrooms for $1,800/mo. with walk out patio. (projected and can be sold furnished) Unit 2 - Located on the 1st floor with 2 bedrooms, and 2 bathrooms, with backyard access for $1,708/mo. Unit 3 - Located on the 2nd floor with 2 bedrooms, and 2 bathrooms for $1,850/mo. with private deck Unit 4 - Located on the 3rd floor with 2 bedrooms, and 2 bathrooms, with roof deck patio access for $1,753/mo. (projected, tenant just moved out) TOTAL- $7,111/mo. or $85,332 a year Situated across from Girard College, enjoy added security with the wide street and enhanced street lighting. Explore the vibrant nightlife and dining scene of Girard Ave, just a short 2-minute stroll away and less than 1 mile from the Art Museum, Whole Foods, and Fairmount Park. Rent growth is inevitable with over 100+ permits pulled in the area (see photo attached)
Listing courtesy of BRIGHT / KW Empower
Last checked:
Checking…
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Last updated Aug 25, 2024
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MLS# PAPH2372880 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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Year Major Reno/Remodel:2021
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New Construction:No
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Construction Materials:Brick, Wood Siding
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Structure Type:Interior Row/Townhouse
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Architectural Style:Traditional
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Building Levels:4
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Building Units Total:4
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Roof:Fiberglass
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Fully Finished
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
Interior
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Flooring Type:Tile/Brick, Vinyl
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:4510
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Living Area SqFt:4,510 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:2300 block of N College Ave
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Latitude:39.97478000
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Longitude:-75.17493000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 109.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,740 Sqft
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Zoning:RM-1
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Outdoor Living Structures:Roof, Deck(s)
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Office phone:
- (215) 627-3500
Taxes
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Tax ID Number:291029900
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Tax Year:2024
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Tax Annual Amount:$2,313
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Tax Assessed Value:$165,240
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Year Assessed:2024
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School Tax:1295.0
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City/Town Tax:1017.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Central, Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Refrigerator, Washer
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Cap Rate:6.40
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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Units Furnished:Some
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Two Bedroom Units:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/3/24
Jul 3, 2024
|
Listed / Active | BRIGHT | $1,150,000 |