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    810 W Norris Street

    PHILADELPHIA, PA 19122
    • $750,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: PAPH949232
    UPDATED: 51 min ago
    $750,000
    • 0
      BEDS
    • 0.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Incredibly rare new construction investment opportunity at Temple University with an estimated cap rate of over 7%. This duplex, which is designed by Gnome Architects and is built by Grit Construction, will have a 10 year tax abatement, features market grade finishes, and is just one block from main campus. The property already has leases in place for the 2021-2022 leasing season with incoming rents of $3250 for unit 2, and an estimated $1875 for unit 1. Pro-forma available upon request.

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    ©2020 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 Real Estate. 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: 2020-12-02T15:53:17.323.
    www.seeinsidethehouse.com/homes/111478466
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    810 W Norris Street PHILADELPHIA, PA 19122

    • Price: $750,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: PAPH949232
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.02
    Acres
    Neighborhood:
    Temple University
    County:
    Philadelphia
    Area:
    19122 (19122)
    School District:
    The School District Of Philadelphia
    Property Description
    Incredibly rare new construction investment opportunity at Temple University with an estimated cap rate of over 7%. This duplex, which is designed by Gnome Architects and is built by Grit Construction, will have a 10 year tax abatement, features market grade finishes, and is just one block from main campus. The property already has leases in place for the 2021-2022 leasing season with incoming rents of $3250 for unit 2, and an estimated $1875 for unit 1. Pro-forma available upon request.
    Exterior Features

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

    Interior Features

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

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Central Air YN Yes Cooling Fuel ElectricNatural Gas Heating Fuel ElectricNatural Gas Hot Water Other Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 304373284647 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 322.00 Tax Assessment Amount 23000.00 Tax Lot 135 Total Actual Rent 61500.00 Vacation Rental YN No Water Source Public Zoning Cmx2

    Listing courtesy of Jbmp Group.


    ©2020 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 Real Estate. 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: 2020-12-02T15:53:17.323.
     
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    Keller Williams Real Estate
    6 State Route 173, Suite 202
    Clinton NJ, 08809