1701 W Seybert Street Philadelphia, PA 19121
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Rare opportunity to acquire a 5 unit, 15 bed portfolio offered at a 7%+ cap rate. The package consists of: 1701 Seybert Street: New construction corner duplex offered at a 7%+ cap rate with 10 year tax abatement and total of total of 2,680 SF currently rented for $4,025. Unit A features 3 bedrooms and 3 bathrooms across 1,295 SF currently rented for $1,850. Unit B features 3 bedrooms and 3.5 bathrooms across 1,385 SF currently rented for $2,175; 1705 Seybert Street: New construction four story duplex with full basement offered at a 7%+ cap rate with 10 year tax abatement and total of total of 3,000 SF currently rented for $3,925. Unit A features 2 bedrooms and 2.5 bathrooms across 1,495 SF currently rented for $1,750. Unit B features 3 bedrooms and 3.5 bathrooms across 1,505 SF currently rented for $2,175; 1713 Seybert Street: New construction single family home offered at a 7%+ cap rate with 10 year tax abatement and total of total of 2,045 SF currently rented for $2,800. The property features 4 bedrooms and 3 bathroom with a full size roof deck with sweeping views of the city and large backyard. The properties feature handcrafted interior metal work, stunning European windows, and a full alarm + camera system included. Each property includes modern European-styled kitchen features, stainless steel appliances, stone countertops and sleek cabinetry. The baths feature Italian frameless doors and pans, tiling from Spain, faucets and fixtures from Germany, and custom double vanities imported from Spain. Each property is also offered for sale individually.
8 hours ago | Listing updated with changes from the MLS® | |
2 months ago | Listing first seen online |
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