1839 N 6th St
PHILADELPHIA, PA 19122

$1,122,000

Description

Soko Quads aka The Quads at Kensington South is available to qualified investors seeking a 6+ cap return in one of Philadelphia's fastest growing residential submarkets. Adjacent to Fishtown (named by Forbes as America's Hottest Neighborhood), South Kensington is an area booming with new construction of every asset class: multifamily, mixed-use, coworking/office, retail, residential. Four (4) total units are being offered in the form of a quadplex. Each unit at Soko Quads contains 2 spacious bedrooms with carefully chosen fixtures, finishes and features of "for sale" quality. This asset will provide two key investment metrics for years to come: rent growth and appreciation. 10yr tax abatement. 1yr builder warranty. Low expenses/operating costs. Developed by leading city builder. Photos depict similar development built/sold by builder - - - finishes/fixtures/features will be similar but not identical. Completion scheduled for JUNE 2019.

Details

MLS#1002289620
Sub-TypeResale
StatusActive
Year2018
Days On Site270

Features

SQ Feet1,000
Units3

Market Activity 19122

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19122
Area19122 (19122)
Listing VS Median (in 19122)
Price:
$1,122,000
low | high
Med:
$140,000
100% of Average
SqFt:
1,000
low | high
Med:
0
100% of Average
$ / SqFt:
$1,122
low | high
Med:
$0
100% of Average
On Site:
270
low | high
Med:
347
77.809798270893% of Average
Listing Updated: 05/19/2019
MLS Number: 1002289620
Listing Provided By:
Ryan J McManus  of  Compass Pennsylvania LLC

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