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710 S American Street

Philadelphia, PA 19147

– beds
– baths
30,250 sqft
9,924 sqft lot
$157 per sqft
1900 build

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).

Listing courtesy of BRIGHT / Keller Williams Liberty Place

Last checked: Checking… • Last updated Oct 31, 2024 •

MLS# PAPH2414086 —

The Building

Year Built:

1900
Year Built Source:

Estimated
Year Major Reno/Remodel:

2014
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Other
Architectural Style:

Unit/Flat
Historic:

No
Building Levels:

3
Building Units Total:

4
Security Features:

Exterior Cameras
Accessibility Features:

Other
Total SqFt Source:

Estimated

Interior

Flooring Type:

Hardwood
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

30250
Living Area SqFt:

30,250 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Immediate

Location

Directions:

BETWEEN AMERICAN AND SOUTH 3RD ST, MID-BLOCK.
Cross Street:

BAINBRIDGE ST
Latitude:

39.94012833
Longitude:

-75.14712524

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Property Condition:

Very Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.23
Lot Size Source:

Estimated
Lot Size Dimensions:

55.00 x 100.00
Lot Dimensions Source:

Estimated
Lot SqFt:

9,924 Sqft
Zoning:

RM1
Other Structures:

Above Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

CA0
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

881571850
Tax Year:

2024
Tax Lot:

460
Tax Annual Amount:

$53,924
Tax Assessed Value:

$3,852,296
Year Assessed:

2024
School Tax:

30198.0
City/Town Tax:

23726.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C, Wall Unit
Central Air:

Yes
Cooling Fuel:

Electric, Natural Gas
Heating:

Yes
Heating Type:

Central, Wall Unit
Heating Fuel:

Natural Gas, Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Queen Village
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

None

Extra Units

Vacation Rental:

No
Single Room Units:

2
One Bedroom Units:

8
Two Bedroom Units:

2
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
10/25/24 Oct 25, 2024	Listed / Active	BRIGHT	$4,750,000

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This multifamily located in Central, Philadelphia, PA 19147 is currently for sale for $4,750,000. 710 S American Street is a 30,250 square foot multifamily with – beds and – baths. 710 S American Street is in the Central neighborhood of Philadelphia and has a WalkScore® of 99, making it a walker’s paradise. This multifamily is in the attendance area of William M. Meredith School and Horace Furness High School.

Listing Courtesy of: BRIGHT and Keller Williams Liberty Place.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.