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This Multifamily Property is no longer advertised on LoopNet.com.

1312-1316 S Grove St
Philadelphia, PA 19146

Multifamily Property For Sale · 5 Units

Investment Highlights

  • New Construction Property in the Forgotten Bottom Neighborhood of Philadelphia
  • Assumable Financing - 4.2% Rate
  • Strong Location Near Pennovation Center and I-76, With Easy Access to University City and Center City
  • 2019 Construction with Six Years Left on Tax Abatement
  • Large Two- and Three-Bedroom Units with High-End Finishes
  • Can be Purchased Together with Harmony Street Apartments: 19 Units 2023 Construction, Located on Neighboring Block

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.02 AC
Building Size 6,114 SF
No. Stories 3
Year Built 2019

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 2 $1,550 752
3+2 3 $2,003 1,377

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881341000
Land Assessment
$87,100
Improvements Assessment
$783,900
Total Assessment
$871,000

zoning

Zoning Code RM1
RM1
  • Listing ID: 29831786

  • Date on Market: 10/19/2023

  • Last Updated:

  • Address: 1312-1316 S Grove St, Philadelphia, PA 19146

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