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2308 E Lehigh Avenue, Philadelphia, PA 19125

$829,000

  • For Sale
  • Active
  • Triplex
  • Updated 5 days ago
2308 E Lehigh Avenue, Philadelphia, PA 19125View this property at 2308 E Lehigh Avenue, Philadelphia, PA 19125
2308 E Lehigh AvenuePhiladelphiaPA19125

Property Description

Rarely offered NEW CONSTRUCTION triplex in Fishtown perfect for investors or owner occupants. This ideal investment property is located near all of the action on Frankford Ave restaurants, shops, bars and surrounded by new construction. This property features 3 units constructed with quality craftsmanship and upgraded finishes throughout and includes approved 10 Year Tax Abatement. The lot size is 18x106 allowing for large and spacious units, total building is approximately 5000 SF. Projected rents are approximately $5500/month or $66,000/annually. All units have separate utilities including separate water and electric meters. Some upgrades include large Pella aluminum clad windows, all brick and stone front, spray foam roof insulation,
600A electrical service, intercom system, and all units have their own private outdoor space. Each unit includes finished in place hardwood flooring, upgraded modern kitchens with quartz countertops, subway tile backsplash, stainless steel appliances, custom metal railings, washer/dryer in each unit, and intercoms. Bathrooms have modern 12x24 porcelain tile and brushed nickel plumbing fixtures. Unit 1 includes a large oversized bi-level 3bd/3ba with private large rear yard - Unit 2 includes a bilevel 2bd/1.5ba with separate roof deck - Unit 3 includes a bilevel 2bd/1.5ba with separate roof deck. A savvy investor could also convert this building into condos and sell each unit for over 300K. Possibilities are endless for this great investment opportunity in one of Philly's hottest neighborhoods. Property is sheetrocked and will be completed soon.

Full Property Detailsfor 2308 E Lehigh Avenue

General

  • Price: $829,000
  • Taxes: $703 (2018)
  • Status: Active
  • Type: Triplex
  • MLS ID: 1000268358
  • Updated: 4/16/2018
  • Added: 39 day(s) ago

Property History

  • 2308 E Lehigh Avenue, Philadelphia, PA
  • Listed at $829,000 on 3/14/18

Business

  • Includes: Land Only

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Other Rooms

  • Laundry: Washer In Unit, Dryer In Unit

Parking

  • Parking Features: Street

Location

  • Area: 19125 (19125)
  • County: Philadelphia
  • Development Name: Fishtown
  • Subdivision: Fishtown
  • Cross Streets: Tulip

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Heating Type: Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Other
  • Structure Type: Row/Townhouse
  • Construction: Brick, Stone
  • Basement: Yes
  • Basement Desc.: Full
  • Year Built: 2018
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 3

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 2

  • Unit Description: Unit 2
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Unit Description: Unit 3
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,908
  • Lot Dimensions: 18 x 106
  • Zoning: RM1

Green Features

  • RFactor - Ceilings: R38
  • RFactor - Walls: R19

Financial Considerations

  • Price Per Sq. Ft.: $215.44
  • Tax w/Assessment: $50,200
  • Tax Amount: $703
  • Tax Year: 2018

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 101

Listed by Copper Hill Real Estate, LLC, Eric R Fargnoli

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Schools

Schoolsserving 2308 E Lehigh Avenue

School District:The School District Of Philadelphia
School Name
Grades
Distance
Hackett School
2161 E York Street, Philadelphia, PA 19125
K-5
0.4 mi
Penn Treaty Middle School
600 E Thompson St, Philadelphia, PA 19125
0.8 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 2308 E Lehigh Avenue

Listed by Copper Hill Real Estate, LLC, Eric R Fargnoli

2308 E Lehigh Avenue, Philadelphia, PA 19125 (MLS# 1000268358) is a Triplex property with 0 bedrooms and 0 full bathrooms. 2308 E Lehigh Avenue is currently listed for $829,000 and was received on March 14, 2018. Want to learn more about 2308 E Lehigh Avenue? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.