ACTIVE
2646-48 Manton St
Philadelphia PA, 19146
$900,000
$291.64 per sqft
ACTIVE
3 Beds
3,086 sqft
Multi-family
Built in 2020
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.
PAPH2331542
MLSⓇ ID
May 9, 2024
Updated
Map
2646-48 Manton St
Philadelphia PA, 19146
Interior Features
Bedrooms
3
Interior Features
Hardwood
Appliances
Refrigerator, Microwave, Cooktop
Floor Description
Hardwood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Lot Size
0.02 Acres
Architectual Style
Traditional
Roof
Fiberglass
Sewer
Public Sewer
School Information
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Other Property Details
Area Name
PHILADELPHIA
Taxes
$326
Tax Frequency
Annually
Days on Market
29
Garage
No
Parking
On Street
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
3/20/2024 | Active | — |
Listed by Christopher D Schepis, with TCS Management, LLC
Listing Contact: 2158479101
The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 5:52 AM UTC