Philadelphia, PA 19121,2703 W GLENWOOD AVE
Philadelphia, PA 19121,2703 W GLENWOOD AVE
Philadelphia, PA 19121,2703 W GLENWOOD AVE
Listed by Amardeep Billy Grewal • Keller Williams Philadelphia
Bought with Britainy Stephens • Keller Williams Philly
$575,000
Est. payment /mo
$575,000
Est.Price: ?

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2,820 SqFt
SOLD DATE : 02/08/2021

Key Details

Sold Price $575,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,820 sqft

Price per Sqft $203

MLS Listing ID PAPH941330

Sold Date 02/08/21

Style Contemporary,Bi-level

HOA Y/N N

Abv Grd Liv Area 2,820

Year Built 2020

Annual Tax Amount $71

Tax Year 2020

Lot Size 971 Sqft

Acres 0.02

Lot Dimensions 15.41 x 63.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Introducing 2703 Glenwood. New Construction DUPLEX. Located in one of the hottest neighborhoods in Philadelphia Brewerytown!!! The building has 2 units. Great opportunity for first time home BUYER or INVESTOR | 1031 Exchange. Lower Unit A has already been Rented out @ $1,795 per month. Live in one and rent the other out, or receive rental income from both units. Brewerytown is booming and the rental market here is strong. Unit A is a 1350 SF 3BD | 2BA Bi-level apartment with rear yard and rented for 1,795/month. Unit B is a 1470 SF 3BD | 3BA Bi-level apartment with a skyline roof deck, pro forma rent of 2,300/month. Pro forma annual rent: $51,600, Pro forma CAP: 6.0 %. Both Unit's feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Hardwood floors & recessed lighting. Both kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and Full Size W/D in both units. In a great location for commuters, it takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. Only steps away from the developing Girard Avenue, including Crime and Punishment Brewery, Green Eggs Cafe, Monkey and the Elephant, and Aldi. Easy access to Fairmount Park, the Art Museum, Whole Foods, 30th Street Station, Boathouse Row, Kelly Drive and I-76. Brought to you by Design Pro Development. Approved 10-YEAR TAX ABATEMENT and 1 yr Builder Warranty. Property is located in the Qualified Opportunity Zone!!! Seller can Provide an introduction to lender who will provide 75% LTV, 3.95% Rate for Qualified Investors!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Interior Features Floor Plan - Open

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Equipment Dryer, Washer

Appliance Dryer, Washer

Heat Source Natural Gas

Exterior

Utilities Available Cable TV, Natural Gas Available, Water Available, Electric Available

Water Access N

Roof Type Fiberglass

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Contemporary, Bi-level

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 323052800

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)

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agent
Brady Sipes

+1(443) 974-0251 | brady@sipespropertygroup.com

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