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Package of 4 NEW CONSTRUCTION duplexes in South Kensington 19122 perfect for investors. This ideal investment property is located in one of the hottest areas in the city near all of the action on Frankford Ave and Front St including easy access to public transportation, restaurants, shops, bars and surrounded by new construction. Also, a quick walk to Temple University campus for students or university employees. This property features 8 units constructed with quality craftsmanship and upgraded finishes throughout and includes an approved 10 Year Tax Abatement. Projected rents are approximately $17,000/month or $204,000/annually. Buildings are 100% complete and units are currently being leased and some are occupied. All units have separate utilities including separate water and electric meters. Some upgrades include large Pella windows and aluminum clad frame doors, brick/stone/steel front, 400A electrical service, 4 inch LED recessed lights, and both units have their own private outdoor space. Each unit includes sanded/finished in place wide plank oak hardwood flooring, upgraded modern kitchens with quartz countertops, subway tile backsplash, stainless steel appliances, custom metal railings, washer/dryer in each unit. Bathrooms have modern 12x24 porcelain tile and brushed nickel plumbing fixtures. The lower unit includes a large bi-level 3bd/2ba with private rear yard. The upper unit includes a bilevel 3bd/3ba with roof deck and skyline views. Possibilities are endless for this great investment opportunity in one of Philly's hottest neighborhoods. Units were built with modern neutral finishes and with quality materials to minimize maintenance expenses, maximize efficiency, and to stand the test of time. Great investment package to add to your investment portfolio which is located in a Federal Opportunity Zone. Co-listing agent is owner/builder.
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Listing information last updated on January 28th, 2020 at 5:16pm EST.