5018-22 PENTRIDGE ST, PHILADELPHIA, PA 19143 (MLS # 7129811)

Price $3,100,000
Status Active
Beds 0
Baths 0 bath
Home size 14,637 sq ft
Lot Size 7,405 sqft
The property is 5020 Pentridge Street; which we affectionately called Pentridge Gardens. The property is a newly constructed property (2015 ? 2016) and houses 14 residential units with 1 commercial space (paying on a flat lease). The property was built as a luxury building for the Cedar Park Area. It houses the largest residential green roof in all West Philly at almost 4,750 SF. The property is completely leased. The commercial space is leased by the developer and construction company; and intends to renew and extend their lease. The 14 units consist of a mix of 1 bedroom and 2 bedroom apartments. The rental units have been outfitted with many upgraded finishes including high efficiency HVAC, Samsung washer/dryer in each unit, video intercom system, hardwood floors, 4 piece appliances, and spacious living areas with tons of natural light. Building assessed at 772,500! Building has a bicycle room, green roof and fenced in doggie area! All utilities are separately metered for each unit and tenants pay their own utilities. Owner pays water. The gross annual rents for the property total 252,070 with an NOI of 195,142. ProForma with actual revenues and expenses for 2017 attached here.
Property Type(s): Multi Family
Last Updated 3/18/2018 Tract CEDAR PARK
Year Built 2016 Community 19143 (19143)
County PHILADELPHIA

SCHOOLS

School District Philadelphia

Price History

Prior to Mar 18, '18 $3,250,000
Mar 18, '18 - Today $3,100,000

Additional Details

AIR Central A/C
AIR CONDITIONING Yes
AREA 19143 (19143)
BASEMENT Full, Fully Finished, Yes
CONSTRUCTION Brick, Stucco
GARAGE NoGarage
HEAT Forced Air, Gas
INTERIOR CableTVAvail, CeilngFan(s), Elevator, Energy Efficient Windows, SecuritySys, SprinklerSys, Store/Office
LOT 7405 sq ft
LOT DIMENSIONS 60X120
POOL DESCRIPTION N
SEWER Public Sewer
STYLE AptBldg
SUBDIVISION CEDAR PARK
TAXES 10813.0
UTILITIES Public; Public Sewer;
WATER Public
WATERFRONT DESCRIPTION N

Location

 

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Listing with: Starkman UPA Realtors LLC

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