Listing Courtesy of Compass Pennsylvania, LLC
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Priced out of expensive and competitive East Coast real estate markets like New York, DC and Boston? Invest/own/rent in Philadelphia, Pennsylvania for a fraction of the cost and experience above national average rent growth and asset appreciation while discovering world class culture, cuisine, convenience and connectivity.Two contiguous shovel ready multifamily development parcels located just above the surging submarket of Brewerytown in Philadelphia, Pennsylvania. These parcels will be delivered fully entitled to build 2 triplexes totaling 6800 SF. Unit 1 2bd x 2ba; Unit 2 3bd x 3ba; Unit 3 1bd x 1ba; Unit 4 1bd x 1ba; Unit 5 3bd x 3ba. Unit 6 3bd x 3ba. Common roof deck and backyard. Pro forma gross annual income: $136,800. Pro forma gross annual expenses: $22,198. Pro forma NOI (Net Operating Income): $107,762.Located in Philly's Qualified Opportunity Zone. Property will qualify for Philadelphias 10 Year Tax Abatement. Centrally located with easy access to Art Museum Area + cultural district, Fairmount, Francisville, TempleU and Center City.

Address: 2416-18 CLIFFORD ST
State: PA
City: Philadelphia
County: PHILADELPHIA
Zip Code: 19121
MLS#: PAPH824250
MLS Area: 19121 (19121)
Taxes: $1,783

Price History

Date Price Event Change MLS#:
10/22/2019 $324,999 List Price -7.14% PAPH824250
8/13/2019 $349,999 List Price PAPH824250

Nearby Schools

White Dove Performing Arts Academy(Preschool-5)
Community Partnership(Preschool-5)
Kelley William D School(Preschool-8)
Young Scholars Frederick Douglass Charter School(Preschool-8)
Gideon Edward School(K-8)
Dick William School(K-8)
Hope Christian Academy(K-5)
Celestial Christian Academy(K-7)
Camelot Academy(8-12)
Kelley William D School(Preschool-8)
Young Scholars Frederick Douglass Charter School(Preschool-8)
Gideon Edward School(K-8)
Dick William School(K-8)
Celestial Christian Academy(K-7)
Camelot Academy(8-12)
Excel Academy North(9-12)

Interior Details

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Exterior Details

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  • Pool:No
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  • Lot Description:
  • Lot Size:15.50 x 80.00
  • Sewer:Public Septic,Public Sewer

Community Details

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:On Clifford between N 24th and N 25th

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Property Information Last Updated: 12/19/2018 4:17:56 PM
Listing Courtesy of Compass Pennsylvania, LLC


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