1 of 4
Tools
Size
3
Bedrooms
733 Sq Ft.
interior
Financial
$850,000
Sold 07-19-24
$1,160
Price Per Sqft
$326
Annual taxes
Listing Details
Triplex
Property type
2020
Year Built
10901316
Web Id
2761429-PAPH2331542
MLS ID
194
Days Posted
Description
2646-48 Manton St,
Philadelphia,
PA
19146
Philadelphia, PA 19146
Situated in the burgeoning neighborhood that borders Graduate Hospital and Point Breeze, 2646-48 Manton St offers a fantastic investment opportunity. This triplex comprises three fully occupied residential condominium units, consisting of (2) two-bedroom units and (1) three-bedroom unit. Each unit boasts contemporary finishes, in-unit washer and dryers, central air conditioning, and generous ceiling heights. The property presents the option for a new owner to sell off individual condo units if desired.Conveniently located within walking distance of a neighborhood shopping plaza anchored by The Fresh Grocer, as well as a diverse selection of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors, residents have access to a plethora of amenities. Easy commuting is facilitated by the nearby Schuylkill Expressway (Interstate 76), providing swift access to University City and Center City.Furthermore, residents enjoy close proximity to Pennovation Works, the University of Pennsylvania's expansive 23-acre innovation hub. Additionally, the property includes basement storage units in 2648 (available for tenants in units #2 and #3) and a 650 SF roof deck for Unit #3. With a current monthly rental income of $6,190 and a 6.5% pro forma cap rate, this property represents an enticing investment opportunity in the heart of Grays Ferry.
Price History
date | price | variance | type | global |
---|---|---|---|---|
7/19/2024 | $850,000 | 5.56 % | Sold | view listing |
6/5/2024 | $900,000 | - | Contract | |
3/20/2024 | $900,000 | - | Listed |
Listing By: TCS Management, LLC via Data Source: Bright MLS
listing agent: Christopher Schepis