Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    4

  • 1/2 Bathrooms

    1

  • Above Grade Finished Area

    3333.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Gas

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Heat Pump

  • Main Level Bedrooms

    4

  • Pet friendly

    Breed Restrictions, Yes

Exterior

  • Garage

    No

  • Parking

    Off Site

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Stock Cooperative

  • Architectural Style

    Art Deco

Price

  • Sales Price

    $1,895,000

  • Financing Options

    Cash

  • Sq. Footage

    3,333

  • Price/SqFt

    $568

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Elevator Installed

  • Association Amenities

    Cable TV, Elevator(s)

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    215

  • Water Source

    Public

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Listing Courtesy of Joanne Davidow , BHHS Fox & Roach The Harper at Rittenhouse Square

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1901 Walnut St.,14BE, The Rittenhouse Plaza- This enchanting 3,333 square foot residence, meticulously reinvented to preserve its timeless charm exemplifies contemporary luxury and invites you into a world of sophisticated living where every detail has been carefully curated to offer you an unparalleled experience in comfort and style. The 40 foot living room with 6 windows overlooks Rittenhouse Square. There are 4 bedrooms, 4 1/2 baths and a library/den. One bedroom is currently used as a home office. There is a huge, beautiful dining room area! The gourmet chef’s kitchen is a culinary haven with 2 Wolf ovens, a Sub-Zero Refrigerator, a Wolf convection microwave oven with proofing drawer, a Wolf 5 burner gas cook top, a Miele dishwasher, double basin stainless steel sink, Grohe faucets, huge amount of stunning cabinetry. There is a wet bar with Sub-Zero wine fridge, extra sink, disposal and Grohe faucet. The subtle tasteful backsplash is a fitting background. The kitchen floor is cork. The primary suite has huge walk-in closets and a large, wonderful bath with double sinks, large steam shower, whirlpool tub and heated towel bar. The primary flooring is Quarter Sawn Red Planking. Owners can use the facilities at The Laurel for an additional fee. The monthly co-op fee includes real estate taxes, Fios cable, internet, heat, water, sewer, and building maintenance. A one-time co-op transfer fee of 1% of the purchase price is paid at closing along with a $1,250 application fee. Seller is paying for 1 year of parking at one of the three nearby garages.

1901 WALNUT STREET 14BE

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OFF-MARKET | 8-UNIT MULTIFAMILY PORTFOLIO



Somerton | Philadelphia, Pennsylvania



Asking Price



$1,800,000



Investment Highlights



    ●    8 residential units across 4 duplex buildings

    ●    Portfolio includes:

    ●    13020 Blakeslee Drive

    ●    13022 Blakeslee Drive

    ●    13032 Blakeslee Drive

    ●    13034 Blakeslee Drive

    ●    Each duplex features:

    ●    Two 2-bedroom apartments

    ●    Two private garages

    ●    Individual laundry hookups

    ●    Identical floor plans for efficient management

    ●    Located in the highly desirable Somerton neighborhood of Northeast Philadelphia

    ●    Convenient access to SEPTA Regional Rail, shopping, restaurants, schools, and major highways

    ●    Strong rental demand with excellent long-term investment potential



Financial Summary



Gross Annual Income: $175,000



Annual Operating Expenses: Approximately $25,000



Net Operating Income (NOI): Approximately $150,000



Asking Price: $1,800,000



Cap Rate: Approximately 8.33%



Investment Opportunity



This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Northeast Philadelphia’s most desirable rental markets. The properties offer stable cash flow, low operating expenses, and upside potential through future rental growth. Whether you’re expanding an existing portfolio or completing a 1031 exchange, this asset presents an attractive investment opportunity.



Closing



Seller is seeking a fast closing. Qualified buyers are encouraged to provide proof of funds or financing pre-approval prior to scheduling property tours.



For additional information, including the rent roll, operating statements, or to arrange a private showing, please contact the listing agent.
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13020 BLAKESLEE DRIVE

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8 Baths

1,800 Sq.Ft.

$1,800,000

MLS#: PAPH2654562

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