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    2045-49 Trenton Avenue

    PHILADELPHIA, PA 19125
    • $4,150,000
    • STATUS: Active
    • ON SITE: 56 days
    • ID#: PAPH975436
    UPDATED: 29 min ago
    $4,150,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,000
      SQFT
    • $277
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1903
    County:

    School Ratings & Info

    Description

    Nylon Lofts is a 15,000 SF boutique apartment building under construction in Phillys hottest location, Fishtown. Ideal for a 1031 exchange: 313,000 in projected annual income. Authentic character and charm resonate throughout the 12 unit Property, with exposed original brick and wooden beams. Spacious loft apartments outfitted with all of the modern finishes, fixtures and features. The apartments will lease themselves year over year. Year 1 pre leasing will commence Spring 2021 upon construction completion. 219,000 pro forma annual net operating income. Average rents projected around 2175/unit. This Building will lease up quickly and cash flow from Day One. Pre-CO Qualified Opportunity Zone (QOZ) asset. MAKE YOUR MOVE.

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    ©2021 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty - Matt Fetick Team. 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. Data last updated: 2021-03-02T20:51:14.843.
    www.myfavoritehomesearch.com/homes/112978560
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    2045-49 Trenton Avenue PHILADELPHIA, PA 19125

    • Price: $4,150,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: PAPH975436
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    15,000
    SQFT
    $277
    $/SQFT
    1903
    Built
    Neighborhood:
    Fishtown
    County:
    Philadelphia
    Area:
    19125 (19125)
    School District:
    The School District Of Philadelphia
    Property Description
    Nylon Lofts is a 15,000 SF boutique apartment building under construction in Phillys hottest location, Fishtown. Ideal for a 1031 exchange: 313,000 in projected annual income. Authentic character and charm resonate throughout the 12 unit Property, with exposed original brick and wooden beams. Spacious loft apartments outfitted with all of the modern finishes, fixtures and features. The apartments will lease themselves year over year. Year 1 pre leasing will commence Spring 2021 upon construction completion. 219,000 pro forma annual net operating income. Average rents projected around 2175/unit. This Building will lease up quickly and cash flow from Day One. Pre-CO Qualified Opportunity Zone (QOZ) asset. MAKE YOUR MOVE.
    Exterior Features

    Architectural Style Contemporary Construction Materials Masonry Garage YN No Location Type Urban Other Structures Above GradeBelow Grade Parking Types None Pool No Pool Riparian Rights YN No View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 15000 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Central Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 7 Units Furnished None

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Central Air YN Yes Cooling Fuel Natural Gas Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 304435818890 Ownership Interest Fee Simple Possession 61-90 Days Cd Property Sub Type Other Sale Type Standard Sewer Public SewerPublic Septic Structure Design Type Interior Row/Townhouse Tax Annual Amount 21837.00 Tax Assessment Amount 1560000.00 Tax Lot 71 Vacation Rental YN No Water Source Public Year Built Effective 2020 Zoning Icmx

    Listing courtesy of Compass Pennsylvania, Llc.


    ©2021 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty - Matt Fetick Team. 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. Data last updated: 2021-03-02T20:51:14.843.
     
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    Keller Williams Realty - Matt Fetick Team
    210 S Mill Rd Suite 104
    Kennett Square PA, 19348