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 |
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| Sub-Type | Resale |
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| Status | Active |
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| Year | 2018 |
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| Days On Site | 270 |
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Features
| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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| Date: Mar 2019 | Sales: 2 | Avg $ Per SqFt: $123.43 | Min Sale Price: $150,000 | Max Sale Price: $270,000 | Med Sale Price: $210,000 |
| Date: Dec 2018 | Sales: 4 | Avg $ Per SqFt: $193.65 | Min Sale Price: $125,000 | Max Sale Price: $575,000 | Med Sale Price: $418,125 |
| Date: Nov 2018 | Sales: 25 | Avg $ Per SqFt: $176.22 | Min Sale Price: $55,000 | Max Sale Price: $690,300 | Med Sale Price: $265,000 |
| Date: Oct 2018 | Sales: 26 | Avg $ Per SqFt: $204.35 | Min Sale Price: $200 | Max Sale Price: $1,510,000 | Med Sale Price: $301,700 |
| Date: Sep 2018 | Sales: 1178 | Avg $ Per SqFt: $117.74 | Min Sale Price: $2,500 | Max Sale Price: $3,150,000 | Med Sale Price: $140,000 |
| Date: Aug 2018 | Sales: 18 | Avg $ Per SqFt: $199.01 | Min Sale Price: $68,000 | Max Sale Price: $905,000 | Med Sale Price: $335,250 |
| Date: Jul 2018 | Sales: 31 | Avg $ Per SqFt: $217.02 | Min Sale Price: $130,000 | Max Sale Price: $880,000 | Med Sale Price: $325,000 |
| Date: Jun 2018 | Sales: 25 | Avg $ Per SqFt: $186.93 | Min Sale Price: $20,000 | Max Sale Price: $700,000 | Med Sale Price: $320,000 |
| Date: May 2018 | Sales: 58 | Avg $ Per SqFt: $177.64 | Min Sale Price: $200 | Max Sale Price: $750,000 | Med Sale Price: $225,250 |
| Mar 2019 |
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| Sales: | 2 |
| Avg $ Per SqFt: | $123.43 |
| Min Sale Price: | $150,000 |
| Max Sale Price: | $270,000 |
| Med Sale Price: | $210,000 |
| Dec 2018 |
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| Sales: | 4 |
| Avg $ Per SqFt: | $193.65 |
| Min Sale Price: | $125,000 |
| Max Sale Price: | $575,000 |
| Med Sale Price: | $418,125 |
| Nov 2018 |
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| Sales: | 25 |
| Avg $ Per SqFt: | $176.22 |
| Min Sale Price: | $55,000 |
| Max Sale Price: | $690,300 |
| Med Sale Price: | $265,000 |
| Oct 2018 |
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| Sales: | 26 |
| Avg $ Per SqFt: | $204.35 |
| Min Sale Price: | $200 |
| Max Sale Price: | $1,510,000 |
| Med Sale Price: | $301,700 |
| Sep 2018 |
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| Sales: | 1178 |
| Avg $ Per SqFt: | $117.74 |
| Min Sale Price: | $2,500 |
| Max Sale Price: | $3,150,000 |
| Med Sale Price: | $140,000 |
| Aug 2018 |
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| Sales: | 18 |
| Avg $ Per SqFt: | $199.01 |
| Min Sale Price: | $68,000 |
| Max Sale Price: | $905,000 |
| Med Sale Price: | $335,250 |
| Jul 2018 |
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| Sales: | 31 |
| Avg $ Per SqFt: | $217.02 |
| Min Sale Price: | $130,000 |
| Max Sale Price: | $880,000 |
| Med Sale Price: | $325,000 |
| Jun 2018 |
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| Sales: | 25 |
| Avg $ Per SqFt: | $186.93 |
| Min Sale Price: | $20,000 |
| Max Sale Price: | $700,000 |
| Med Sale Price: | $320,000 |
| May 2018 |
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| Sales: | 58 |
| Avg $ Per SqFt: | $177.64 |
| Min Sale Price: | $200 |
| Max Sale Price: | $750,000 |
| Med Sale Price: | $225,250 |
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MLS Number: 1002289620