UPDATED:
09/20/2024 02:22 AM
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2398396
Originating Board BRIGHT
Year Built 2020
Annual Tax Amount $2,064
Tax Year 2024
Lot Size 1,182 Sqft
Acres 0.03
Lot Dimensions 15.00 x 79.00
Property Description
19 S 44th Avenue was built in 2020 and comprises two (2) studios, two (2) one-bed, one-and-a-half-bath units, and two (2) two-bed, two-bath units. The average square feet for studios, one-beds, and two-beds are 458 SF, 880 SF, and 918 SF. All units are fully occupied achieving an average rent of $1,203 for studios, $1,338 for one-beds, and $1,695 for two-beds. The property has a 10-year tax abatement that ends in 2031.
Units feature high-end finishes with in-unit washers & dryers, a full stainless steel appliance package including dishwashers, luxury vinyl flooring, granite countertops, recessed lighting, and self-controlled central AC. Tenants are responsible for electricity, cable/internet, and a $30 water fee.
Situated in West Philadelphia’s University City District, Spruce Hill is a charming neighborhood teeming with historic residences, multicultural eateries, and lush spruce trees. The scenic Clark Park serves as a tranquil reprieve from Spruce Hill’s dynamic urban environment, as well as a host to plenty of popular community events.
Close proximity to numerous hospitals and universities, including the prestigious University of Pennsylvania and Drexel University, makes the neighborhood a top choice for a diverse range of residents. Spruce Hill boasts a walkable environment along with convenient access to SEPTA bus routes and trolley lines. Center City sits just three miles east of the neighborhood, providing residents with a bevy of metropolitan amenities.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX4
Interior
Hot Water Electric
Heating Central, Forced Air
Cooling Central A/C, Ductless/Mini-Split
Flooring Luxury Vinyl Plank
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 881850676
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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