1839-43 N 6TH ST, PHILADELPHIA, PA 19122 (MLS # 7196049)
12 New Construction 2bd units in booming South Kensington! The Quads at Kensington South (South Kensington aka SoKo) ~ ***Details: Collection of THREE (3) contiguous 4-unit 3-story boutique condo buildings (3 quadplexes) ~ SIX (6) different spacious two-bedroom floorplans/layouts ~ Luxury-grade design: "for sale" caliber finishes, fixtures, features (FFF) ~ dedicated outdoor space for each residence: grass yard, patio, deck, roofdeck ~ 10yr tax abatement ~ 1yr builders warranty ~ Ground broke May 2018; completion October 2019 ~ ***Unit Mix: Unit A = 2bd/1ba + grass yard  ~ Unit B = 2bd/1ba + patio (1843 N 6th); 2bd/1.5ba + patio (1839-41 N 6th) [1650-1800] ~ Unit C = 2bd/2ba + deck  ~ Unit D = 2bd/1.5ba + deck + dedicated roofdeck (1843 N 6th); 2bd/2ba + deck + dedicated roofdeck (1839-41 N 6th) [2000-2200] ~ ***Financials: Projected rent roll = 22,150/mo (265,800/yr) ~ Projected expenses = 40,000/yr ~ Projected NOI = 225,800 ~ Pro forma cap rate = 6.8. ~ Sales price per unit (PPU) = 275,000 ~ Total project sales price = 3,300,000 ~ ***Pro Forma Rent Roll: 3x at 1500 = 4500 ~ 2x at 1800 = 3600 ~ 1x at 1650 = 1650 ~ 3x at 2000 = 6000 ~ 1x at 2000 = 2000 ~ 2x at 2200 = 4400. See summary PDF in attachments section.
|Last Updated||6/7/2018||Tract||SOUTH KENSINGTON|
|Year Built||2018||Community||19122 (19122)|
|LOT||1742 sq ft|
|UTILITIES||Public; Public Sewer;|
Contact us about this Property
|We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Matt Russo to contact you even if your name is on a Federal or State "Do not call List".|
The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Berkshire Hathaway Home Services participates, and is provided by TREND through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
Real estate listings held by brokerage firms other than
Information Deemed Reliable But Not Guaranteed
Data from the Zillow, Google Map, and Walk Score modules, is not provided by TREND, and should be considered informative, but not accurate.
© 2018 TREND, All Rights Reserved
Data last updated: 6/22/18 3:47 AM PDT.
This IDX solution is (c) Diverse Solutions 2018.