$850,000
$900,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
2646-48 MANTON ST Philadelphia, PA 19146
3,086 SqFt
Key Details
Sold Price $850,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,086 sqft
Price per Sqft $275
Subdivision Grays Ferry
MLS Listing ID PAPH2331542
Style Traditional
Year Built 2020
Annual Tax Amount $326
Tax Year 2020
Lot Size 733 Sqft
Property Description
Situated in the burgeoning neighborhood that borders Graduate Hospital and Point Breeze, 2646-48 Manton St offers a fantastic investment opportunity. This triplex comprises three fully occupied residential condominium units, consisting of (2) two-bedroom units and (1) three-bedroom unit. Each unit boasts contemporary finishes, in-unit washer and dryers, central air conditioning, and generous ceiling heights. The property presents the option for a new owner to sell off individual condo units if desired.
Conveniently located within walking distance of a neighborhood shopping plaza anchored by The Fresh Grocer, as well as a diverse selection of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors, residents have access to a plethora of amenities. Easy commuting is facilitated by the nearby Schuylkill Expressway (Interstate 76), providing swift access to University City and Center City.
Furthermore, residents enjoy close proximity to Pennovation Works, the University of Pennsylvania's expansive 23-acre innovation hub. Additionally, the property includes basement storage units in 2648 (available for tenants in units #2 and #3) and a 650� SF roof deck for Unit #3. With a current monthly rental income of $6,190 and a 6.5% pro forma cap rate, this property represents an enticing investment opportunity in the heart of Grays Ferry.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Hardwood
Equipment Stove, Refrigerator, Microwave
Exterior
Water Access N
Roof Type Fiberglass
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Dry Wall
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Special Listing Condition Standard
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Bought with Nicole Caprario • New Age Realty Group Inc