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$ 2,400,000
Est. payment | /mo
10,676 SqFt
$ 2,400,000
Est. payment | /mo
10,676 SqFt
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 10,676 sqft
Price per Sqft $224
MLS Listing ID PAPH2428886
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $7,487
Tax Year 2024
Lot Size 5,338 Sqft
Acres 0.12
Lot Dimensions 34.00 x 157.00
Property Description
Introducing The Southern Bella Lofts, renovated in 2016, featuring eight fully occupied units, each offering 2 bedrooms and 1.5 baths in a stabilized asset. Each unit boasts high ceilings, hardwood floors, exposed ductwork, and recessed lighting that create a stylish and inviting atmosphere. The open-concept design includes contemporary kitchens equipped with stainless steel appliances and granite countertops, along with convenient half baths. The upper levels feature modern bathrooms and spacious bedrooms, each with full closets. Plus, each unit includes a washer/dryer for added convenience.
This property is being sold with assumable debt at an attractive interest rate of 3.69%, and it benefits from a tax abatement that runs through the end of 2026, enhancing your investment potential.
Ideally located, this building is within walking distance of the vibrant Italian Market, South Street, and Passyunk Square districts. Public transportation is easily accessible, with the Broad Street Line just one block away. Enjoy the best of city living with coffee shops, sports and fitness clubs, and local markets right at your doorstep, all while being close to Center City.
Don't miss your chance to invest in this beautifully designed building in one of Philadelphia's most exciting neighborhoods! Please reach out to listing brokers for offering memorandum.
This property is being sold with assumable debt at an attractive interest rate of 3.69%, and it benefits from a tax abatement that runs through the end of 2026, enhancing your investment potential.
Ideally located, this building is within walking distance of the vibrant Italian Market, South Street, and Passyunk Square districts. Public transportation is easily accessible, with the Broad Street Line just one block away. Enjoy the best of city living with coffee shops, sports and fitness clubs, and local markets right at your doorstep, all while being close to Center City.
Don't miss your chance to invest in this beautifully designed building in one of Philadelphia's most exciting neighborhoods! Please reach out to listing brokers for offering memorandum.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning RSA5
Interior
Hot Water Electric
Heating Other
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881000715
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Stephen D. Stafford • SDG Management, LLC