Philadelphia, PA 19104,19 S 44TH ST
Philadelphia, PA 19104,19 S 44TH ST
Philadelphia, PA 19104,19 S 44TH ST
Philadelphia, PA 19104,19 S 44TH ST
Philadelphia, PA 19104,19 S 44TH ST
Philadelphia, PA 19104,19 S 44TH ST
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$ 1,395,000
Est. payment | /mo

1,182 Sqft Lot


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$ 1,395,000
Est. payment | /mo
Save

1,182 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2398396

Originating Board BRIGHT

Year Built 2020

Annual Tax Amount $2,064

Tax Year 2024

Lot Size 1,182 Sqft

Acres 0.03

Lot Dimensions 15.00 x 79.00

Property Description

19 S 44th Street is a 6-unit multifamily asset in Philadelphia's University City District.

19 S 44th Avenue was built in 2020 and comprises two (2) studios, two (2) one-bed, one-and-a-half-bath units, and two (2) two-bed, two-bath units. The average square feet for studios, one-beds, and two-beds are 458 SF, 880 SF, and 918 SF. All units are fully occupied achieving an average rent of $1,203 for studios, $1,338 for one-beds, and $1,695 for two-beds. The property has a 10-year tax abatement that ends in 2031.

Units feature high-end finishes with in-unit washers & dryers, a full stainless steel appliance package including dishwashers, luxury vinyl flooring, granite countertops, recessed lighting, and self-controlled central AC. Tenants are responsible for electricity, cable/internet, and a $30 water fee.

Situated in West Philadelphia’s University City District, Spruce Hill is a charming neighborhood teeming with historic residences, multicultural eateries, and lush spruce trees. The scenic Clark Park serves as a tranquil reprieve from Spruce Hill’s dynamic urban environment, as well as a host to plenty of popular community events.

Close proximity to numerous hospitals and universities, including the prestigious University of Pennsylvania and Drexel University, makes the neighborhood a top choice for a diverse range of residents. Spruce Hill boasts a walkable environment along with convenient access to SEPTA bus routes and trolley lines. Center City sits just three miles east of the neighborhood, providing residents with a bevy of metropolitan amenities.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX4

Interior

Hot Water Electric

Heating Central, Forced Air

Cooling Central A/C, Ductless/Mini-Split

Flooring Luxury Vinyl Plank

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 881850676

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Negotiable

Listing Terms Cash, Conventional, Negotiable

Financing Cash,Conventional,Negotiable

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Philip Sharrow • Scope Commercial Real Estate Services, Inc.
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14291 Park Meadow Drive Suite 500, Chantilly, VA, 20151

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19 S 44TH ST