$999,999

2062 N 2nd St

PHILADELPHIA PA, 19122

Description

Brand new construction quadplex in the booming Kensington QOZ. 3 spacious 2 bedroom apartments over 700 SF of commercial space located on the bustling 2nd Street corridor just off Norris Square Park. All units equipped with outdoor space, generous interiors, contemporary finishes. 81,600 pro forma annual income. Pro forma cap rate of 6.75 per cent. Pro forma available upon request. Inquire within. Designed by leading progressive architect Bright Common on behalf of upstart Developer Philly Capital Group. New development hammering about in every direction. Walkable to Fishtown, the hottest new area in America as rated by Forbes. Rent growth and asset appreciation. Minimal opex. Contact Phillys leading listing team for pre service Qualified Opportunity Zone benefits available for a limited time. Coveted 10 year tax abatement. Security of 1 year builder warranty. Construction nearing completion. MAKE YOUR MOVE!

Details

MLS#PAPH951556
Listing TypeFor Sale
Sub-TypeResale
Status10000069142
Year2020
Days On Site25

Features

SQ Feet3,500
Units4
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Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19122
Area19122 (19122)
Listing VS Median (in 19122)
Price:
$999,999
low | high
Med:
$180,000
100% of Average
SqFt:
3,500
low | high
Med:
1,446
100% of Average
$ / SqFt:
$286
low | high
Med:
$145
99.186696174648% of Average
On Site:
25
low | high
Med:
145
17.241379310345% of Average
Listing Updated: November 26, 2020 8:40:40 PM PST
Ryan J McManus LogoMLS Number: PAPH951556
Listing Provided By:
Ryan J McManus  of  Compass Pennsylvania LLC
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